The federal government is working on a four-month “winter package” for industry on an incremental consumption basis aimed at providing cheap electricity during the winter months, which will improve industrial growth and reduce the burden of capacity payment of power plants, well-informed sources told Republic policy.
The winter package will be applicable across the country, including K-Electric jurisdiction, after formal approval of the federal cabinet and International Monetary Fund (IMF).
The impact of the incremental package will be around Rs 25 billion. Still, the critical question remains: who would pay this cost as the government cannot adjust this amount in subsidy due to restrictions imposed by the IMF and World Bank?
