K-Electric gets highest federal subsidy of Rs169bn

The government of Pakistan is providing the highest subsidy to K-Electric as compared to the state-run Power Distribution Companies (Discos), announced on Wednesday. According to the statistics shared by the Ministry of Energy (Power Division), the net required subsidy of K-Electric is Rs169 billion and is being fulfilled by the federal government budget. Among the […] The post K-Electric gets highest federal subsidy of Rs169bn appeared first on Economy.pk.

K-Electric gets highest federal subsidy of Rs169bn

The government of Pakistan is providing the highest subsidy to K-Electric as compared to the state-run Power Distribution Companies (Discos), announced on Wednesday.

According to the statistics shared by the Ministry of Energy (Power Division), the net required subsidy of K-Electric is Rs169 billion and is being fulfilled by the federal government budget.

Among the Discos, three are Islamabad Electric Supply Company (Iesco), Lahore Electric Supply Company (Lesco) and Faisalabad Electric Supply Company (Fesco), which are subsidising the remaining seven Discos with a total amount of Rs156 billion per annum, Federal Secretary of Power Division Rashid Mahmood Langrial told media.

The post K-Electric gets highest federal subsidy of Rs169bn appeared first on Economy.pk.