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tariff rationalisation surcharge

No subsidy given to power sector last year, says ministry

ISLAMABAD: No subsidy given to the power sector in the previous fiscal year, the Ministry of Water and Power has acknowledged. The ministry has said that a large part of the cost of power subsidy is being recovered by levying the tariff rationalisation surcharge on consumers. The government releases over Rs100 billion in subsidy for the power sector every year and a major part of the subsidy cost is borne by power consumers. The consumers pay over Rs200 billion every year in different surcharges and because of the…