Thursday, 16 May 2013

Power subsidy reaches Rs 315 billion: MoF irked by poor recoveries by Discos Finance Ministry to review subsidy releases recovery billed amount by power sector

With power sector subsidy going up to Rs 315 billion, the Finance Ministry has reportedly expressed annoyance over poor recovery by the distribution companies and termed it unsustainable. Sources said that a meeting on circular debt was held on Wednesday at the Finance Ministry to review subsidy...Power subsidy reaches Rs 315 billion: MoF irked by poor recoveries by Discos Finance Ministry to review subsidy releases recovery billed amount by power sector

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