Sindh government taxes will be collected through K-Electric bills after the provincial authorities were unable to settle the power utility’s dues, resolving a key issue in its contract with Shanghai Electric.
The development was approved during a meeting today between K-Electric councils and Sindh Chief Minister Syed Murad Ali Shah.
According to the sources, the power company will collect taxes through its bills delivered to users, allowing the firm to recover Rs2 billion in monthly dues from the provincial government and removing a major stumbling block in K-deal Electric’s with Shanghai Electric.
The Sindh government has determined that the energy bills will include fire and conservation charges collected by the Karachi Municipal Corporation (KMC).
According to insiders at Karachi’s lone power supply company, the Sindh government owed the power utility Rs50 billion, and repossessions from various sectors are the biggest impediment to finalising a deal with Shanghai Electric.
“Even the SSGC has to pay Rs100 billion to the power company,” they claimed.
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