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 Breaking News

APTMA disputes FBR’s cross-subsidy calculation, calls for competitive industrial

byCT Report
16/07/2025
in Breaking News, Chambers & Associations, Latest News, Pakistan Chambers
Share on FacebookShare on Twitter

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed disagreement with the Federal Board of Revenue’s (FBR) estimate on the cross-subsidy embedded in industrial power tariffs, claiming that the actual figure is significantly higher than reported by the government.

In a letter to Power Minister Sardar Awais Khan Leghari, APTMA Secretary General Shahid Sattar rejected the FBR’s calculation of Rs 74 billion, stating that based on the National Electric Power Regulatory Authority (Nepra)’s determination for fiscal year 2026, the true cross-subsidy amount is at least Rs137 billion.

You might also like

Cement Sales Rise 7% in September 2026

03/10/2026

Pakistan plans to import 26 LNG cargoes for winter

03/10/2026

APTMA pointed out that its calculations, using FY25 consumption data, showed a cross-subsidy burden of nearly Rs140 billion, which could rise by 2–3% based on future demand growth.

The dispute centers on how cross-subsidies are calculated. APTMA asserts that the subsidy should be based on the actual cost of service for each consumer category, rather than a generalized average, as used in the government’s figures.

The industry body has consistently advocated for a regionally competitive power tariff of 9 cents/kWh, supported by regional benchmarks and domestic cost-of-service studies.

APTMA also raised concerns about the current wheeling charges, which it believes undermine the viability of the Competitive Trading Bilateral Contract Market (CTBCM) for renewable energy.

It further emphasized the need for tariff predictability to aid long-term business planning, especially for exporters.

In addition to tariff issues, APTMA acknowledged the government’s new incremental consumption package as a positive step, but urged for more flexibility in the Time of Use (ToU) tariff structure to better meet industry needs.

Related Stories

Cement Sales Rise 7% in September 2026

byCT Report
03/10/2026

ISLAMABAD: Pakistan’s cement dispatches increased by 5.95% year-on-year to 4.621 million tons in September 2026, driven mainly by stronger domestic...

Pakistan plans to import 26 LNG cargoes for winter

byCT Report
03/10/2026

KARACHI: The government plans to procure 25 to 26 LNG cargoes from November to February to meet increased gas demand...

Islamabad Customs seizes Rs5.41b narcotics consignment near M-2

byCT Report
03/10/2026

ISLAMABAD: Collectorate of Customs Enforcement has seized narcotics and other items worth approximately Rs5.41 billion during an intelligence-based operation near...

Atif Ikram calls for joint strategy to expand share of Asia-Pacific in global textile trade

byCT Report
03/10/2026

KARACHI: President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Atif Ikram Sheikh called for a joint Asia-Pacific strategy...

Next Post

Port Qasim Power Project seeks urgent funds to settle Rs480b dues to Chinese IPPs

  • 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.