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Rs 36 billion collected from electricity consumers as Neelum-Jhelum surcharge

byCustoms Today Report
04/11/2014
in Business
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ISLAMABAD: A report the Ministry of Water and Power Tuesday showed that Rs 35,252.616 million had been collected from electricity consumers as Neelum-Jhelum surcharge since February 2008.

According to the report, Rs 28,234.336 million Neelum-Jhelum surcharge have been collected from electricity consumers of Punjab, Rs 3,576.222 million from Khyber Pakhtunkhwa, Rs 2,133.355 million from Sindh and Rs 1,308.703 million Neelum-Jhelum surcharge have been collected from Baluchistan since Feb 2008.

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The report said the purpose of levying Neelum-Jhelum surcharge in Feb 2008 was to meet with the requirement of local component of Neelum-Jhelum project. The approval of surcharge was given by the Economic Coordination Committee in August 2007. The initial PC-1 of Neelum-Jhelum was Rs 84 billion while the revised cost of the project was Rs 274 billion.The government has spent Rs 113 billion on Neelum-Jhelum project till June 30, 2014. The government of Pakistan Muslim League Nawaz has allocated Rs 30 billion for Neelum-Jhelum in the Public Sector Development Project(PSDP).

Tags: 1100 new businessmen133.355 million from Sindh576.222 million from Khyber PakhtunkhwabusinessCustoms NewsFBRgovernment of Pakistan Muslim League NawazIshaq DarMinistry of Water and PowerNeelum-Jhelum surchargePm Nawaz SharifPublic Sector Development Project(PSDP).Rs 2Rs 3

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