Govt announces to end Neelum-Jhelum surcharge from June 30
ISLAMABAD (92 News) – Minister of Parliamentary Affairs Azam Swati informed Senate that Neelum-Jhelum surcharge will end on 30th of June this year.
The Senate was informed that net profit of electricity of Khyber Pakhtunkhwa amounting to 136 billion rupees has been paid to the province. The minister told the House during Question Hour that remaining 37 billion rupees will be paid in coming months.
He said the amount is determined through a formula settled between WAPDA and Khyber Pakhtunkhwa. Responding to another question, the Minister said Neelum-Jhelum surcharge will end on 30th of June this year.
Minster for Power Omer Ayub said the government is committed to enhance production of renewable energy to twenty percent of the energy mix till 2025. He said with the increase of production of renewable energy the government will bring down the prices.
To another question regarding oil and gas exploration companies working in Sindh, the minister told the House that a total of seventeen exploration and production companies are working in Sindh. He said since August last year twelve exploration wells have been drilled in the province.
The minister said royalty and windfall levy collected during last five years from the oil reserves discovered in the country is 12.7 million rupees.