Sindh pays Rs4.5b arrears to Hesco, Sepco
The amount is the first instalment of the arrears that stood at Rs27 billion
KARACHI:
The Sindh government has released Rs4.5 billion in arrears to the Hyderabad Electric Supply Company (Hesco) and Sukkur Electric Power Company (Sepco).
The amount is the first instalment of the arrears that stood at Rs27 billion. This was disclosed by energy secretary Agha Wasif and finance secretary Hassan Naqvi during a meeting with Chief Minister Murad Ali Shah at CM House on Friday.
Wasif said that Hesco and Sepco were claiming inflated power bills. “After your [CM] meeting with the federal minister for water and power, the reconciliation process of the bills was started,” he said, adding that after some regular and extensive meetings, an amount of Rs27 billion in arrears from 2010 to 2016 was agreed upon.
He said that there were 295 power connections of both the power companies in Sindh. The water and power department has agreed to pay them a Rs27 billion power bill in six installments. Naqvi remarked that, with the approval of the CM, he has released Rs4.5 billion as first installment to the Hesco and Sepco. “I have also released the current bill of Rs837 million,” he said.
Published in The Express Tribune, December 3rd, 2016.
The Sindh government has released Rs4.5 billion in arrears to the Hyderabad Electric Supply Company (Hesco) and Sukkur Electric Power Company (Sepco).
The amount is the first instalment of the arrears that stood at Rs27 billion. This was disclosed by energy secretary Agha Wasif and finance secretary Hassan Naqvi during a meeting with Chief Minister Murad Ali Shah at CM House on Friday.
Wasif said that Hesco and Sepco were claiming inflated power bills. “After your [CM] meeting with the federal minister for water and power, the reconciliation process of the bills was started,” he said, adding that after some regular and extensive meetings, an amount of Rs27 billion in arrears from 2010 to 2016 was agreed upon.
He said that there were 295 power connections of both the power companies in Sindh. The water and power department has agreed to pay them a Rs27 billion power bill in six installments. Naqvi remarked that, with the approval of the CM, he has released Rs4.5 billion as first installment to the Hesco and Sepco. “I have also released the current bill of Rs837 million,” he said.
Published in The Express Tribune, December 3rd, 2016.