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Electricity cost will reduce in future: Energy minister

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Key point:

  • Ayub says power plants worth 700 million dollars are being established that will produce 8,000 megawatts of electricity by 2025.
  • The minister says an alternative energy policy has been prepared that will help address power woes.
  • The government will ignore Neelam-Jhelum surcharge in power bills soon: Umar Ayub.

Karachi: Federal Energy Minister Umar Ayub has said that the cost of electricity will decrease in future. He added that the power cost increased due to the bad policies of the previous governments.

He said this while addressing a press conference in Islamabad on Wednesday.\The energy minister said that the prime minister wants a revolution in energy sector to bring down the cost of electricity. He said the government will ignore Neelam-Jhelum surcharge in power bills soon.

Ayub mentioned that the government took efforts to eliminate power theft and generate revenue.

Ayub maintained that when the cost of electricity will come down, it will help in generating jobs for the youth. “It is the flagship policy of the PTI government to reduce electricity charges.”

He said that the cost of per unit of electricity went up to Rs17 during the PML-N tenure.

He said power plants worth 700 million dollars are being established in the country that will produce 8,000 megawatts of electricity by 2025.

The minister said that an alternative energy policy has been prepared that will help address power woes. He said the government is making efforts to generate electricity through solar energy and wind and measures for the purpose are being taken.

He added Pakistan will start getting electricity through alternative energy sources by 2030.

He said that at least 65% of power generation through alternative sources in Pakistan will be eco-friendly. Meanwhile, Special Assistant to Prime Minister for Petroleum Nadeem Babar said that power policies were devised without consultation in the past.

He added, “We took on board NEPRA along with the provinces to devise renewable energy policy.”

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