Thursday , May 16 2024
Home / World / Power crisis on Pakistan’s financial capital Karachi, government arena in giving subsidy amount to power company

Power crisis on Pakistan’s financial capital Karachi, government arena in giving subsidy amount to power company

[ad_1]

Amidst the political crisis in Pakistan, the economic crisis is also continuing. Power company officials have warned a panel of Pakistan’s parliament that a blackout could happen in Pakistan’s financial capital, Karachi.

They say that if the government does not pay the subsidy to the power company as soon as possible, then the city may face a power crisis.

In Karachi, Pakistan, a private electricity company supplies electricity and it is subsidized by the government at a rate of 10 to 20 rupees per unit. The power company has demanded that the government should pay the subsidy amount as soon as possible. The government has not yet paid Rs 16 billion to this company. In this regard, the official of the power company says that if the outstanding amount is not received, then we have no other option but to stop the power supply.

Meanwhile, a parliamentary committee is trying to resolve the issue. The committee is expected to resolve the impasse by the end of June.

If the amount is not paid, people may have to face power cuts for hours.

On the other hand, officials of the Central Power Purchase Agency told the parliamentary committee that we have to pay Rs 16 billion to private companies, but this amount could not be recovered from the power distribution companies, so we are not in a position to pay. subsidy.