Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

3,400MW generation, 2400MW use: KP demands centre to pay Rs156b in outstanding hydel profits, end loadshedding

byCustoms Today Report
25/02/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Khyber-Pakhtunkhwa Chief Minister Pervez Khattak has urged the federal government to end discrimination against the province and release Rs156 billion in outstanding hydel profits.

The KP chief minister raised these issues during a meeting with Federal Minister for Finance Ishaq Dar.

You might also like

President summons NA, Senate budget sessions on June 5

30/05/2026

Gohar Ejaz introduces sample one-page income tax return form

29/05/2026

According to a handout issued by the finance ministry, Pervez Khattak apprised the federal government of the issues related to some ministries including Ministry of Water and Power, Ministry of Petroleum and Natural Resources, Federal Board of Revenue and Planning and Development.

Talking to the media after the meeting, Khattak said he asked the federal government to increase payments on account of net hydel profits (NHP) that were capped at Rs6 billion annually.

Khattak said that there should be no electricity and gas loadshedding in KP as the province was generating 3,400 megawatts of electricity while its demand was not more than 2,400MW.

The chief minister refused to take the responsibility of electricity theft and lower recovery of bills, saying it fell within the purview of federal government.

Responding to the KP CM’s demands, Finance Minister Ishaq Dar said that the federal government would extend all possible support to the KP government in the economic development of the province. He directed the tax authorities to resolve all outstanding issues faced by the province in the next two weeks.

Regarding hydel profits, it was agreed that the matter would be taken up by the Ministry of Water and Power on a priority basis with input from the National Electric Power Regulatory Authority (Nepra) and Water and Power Development Authority (Wapda) in an attempt to propose workable solutions.

Related Stories

President summons NA, Senate budget sessions on June 5

byCT Report
30/05/2026

ISLAMABAD: President Asif Ali Zardari has summoned sessions of the National Assembly and Senate on June 5, with both houses...

Gohar Ejaz introduces sample one-page income tax return form

byCT Report
29/05/2026

LAHORE: The Chairman of Economic Policy and Business Development of Pakistan and a former caretaker federal minister, Gohar Ejaz, has...

Petrol pump owners demand end to weekly fuel price changes

byCT Report
25/05/2026

LAHORE: The All Pakistan Petrol Pump Owners Association has expressed strong reservations about the existing mechanism for determining petroleum product...

Govt cuts petrol price by Rs6, diesel Rs6.80 per litre

byCT Report
23/05/2026

ISLAMABAD: The federal government led by Prime Minister Shehbaz Sharif has announced a fresh reduction in fuel prices, offering short-term...

Next Post

Senate body reviews Securities Bill 2015; Hike in minimum paid-up capital from Rs500m to Rs1000m proposed

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.