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PM orders revision of electricity bills adjusting FAC relief within 24 Hours

by News Publishing
August 26, 2022
in Business, Finance
Reading Time: 2 mins read
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PM orders revision of electricity bills adjusting FAC relief
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On Friday, the Prime Minister Shehbaz Sharif ordered the power distribution firms to amend the fuel adjustment charge (FAC) relief by revising electricity bills for up to 200 units within 24 hours.

In order to solve the problems encountered by power customers, the premier presided over a high-level meeting and established a committee.

He noted that in order to guarantee the modification of electricity bills, the staff members of the distribution companies “should work around the clock.”

The concerned authorities were directed by PM Shehbaz to promptly present him with a compliance report, cancel all employees’ leaves, and guarantee that the government’s relief measures were carried out.

In order to allow people to pay their amended electricity bills, he continued, “the banks should also be instructed to remain open in the ensuing days.”

The meeting was informed that it was important to ensure the relief package the PM had announced was implemented. In accordance with the fuel price adjustment, the electricity bills of about 16.6 million people are being rectified to give them relief.

Speaking about excessive electricity rates, PM Shehbaz remarked earlier that additional fees were added to the electricity bills as a result of fuel adjustment charges, which are tied to international fuel prices, seeing an exorbitant rise.

“I took notice of this [inflated electricity bills] and on the instructions of [PML-N supremo] Mian Nawaz Sharif… we have decided to waive additional charges from the electricity bills of 17 million consumers out of a total 30 million,” the premier said.

He also directed an inquiry over the levy of increased sales tax ratio to shopkeepers and retailers in the electricity bills other than the agreed one.

Tags: electricity billsFAC relieflatestPrime MinisterShehbaz Sharif

News Publishing

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