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14 March 2025
Author: Asif S Kasbati (FCA, FCMA & LLB)
A. Background
This refers to Important QCs in trail, in blue, in italic and after double line, (a) 157of 3.3.25 about Electricity Bills significantly & KCV reduction claimed (b) 138 of 16.11.24 about New Financial Model proposed for IPPs Capacity payments cut (c) 129 of 18.10.24 about Five + 18 Power Companies Agreement Termination & Jamaat, etc efforts for U
2. We also refer to several other PGE142 including (a) 155 of 27.2.25 about Government saved Rs 1.1 Trillion & Action for Bills reduction (b) 127 of 11.10.24 Electricity Power Termination Agreements to Public Favor due to JI, FPCCI, etc. efforts (b) 118 of 30.8.24 about KE FCA Bomb of Rs 37.75 for May-June 2024 per NEPRA order in upcoming bill and Jamaat –e-Islami
B. Updated Commentary
We would inform you about video Reduction in electricity bills possible or just claims? Mr Muhammad Arif talk News Punch (Attachment 161.1)
2. In the above video M.Arif talk about the following challenges which are gone face by government in case of reduction in the price if electricity
3. The government faces significant financial burdens, including IMF requirements and loans, complicating efforts to lower electricity tariffs.
4. Recent increases in federal cabinet expenses and salaries raise concerns about the government's commitment to reducing electricity costs for consumers.
5. There is insufficient implementation of laws aimed at protecting consumers, leading to skepticism about the government's intentions.
6. Discussions about privatizing power companies and improving Distribution Companies (DisCos) are ongoing, but the seriousness of these efforts is questioned
7. The current electricity supply system is described as collapsed, necessitating urgent reforms to ensure reliable and affordable electricity.
8. Industries and commercial sectors demand uninterrupted electricity supply at reasonable rates, which is essential for economic stability.
9. High transmission and distribution losses hinder efficiency and cost-effectiveness in the electricity supply chain
10. Government interventions are seen as half-hearted and lacking a comprehensive review, leading to ineffective measures.
11. Recent decisions, such as imposing sales tax on exported electricity units, are viewed as detrimental to the sector.
12. To effectively reduce electricity prices, a comprehensive and serious approach is needed, focusing on systemic reforms, consumer protection, and promoting alternative energy sources.
C. Multiplication
If Public support continues with Invitation to your friends & relatives to be a part of this great struggle based on regular increase in Jamaat e Islami membership form being filled, then 5 announced and 18 IPPs will announce Termination Agreement, and above matters will not be true and prices will be reduced. Have your Goodself, family, friends filled the Online Form? It would be in the Interest of Justice and Public interest at Large that now DISCOS like KE & XWAPDA should reduce prices, if we keep pressure on them and Govt.
Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this PGEC for the Noble Cause to Impart Knowledge, so as to save Electricity usage by your Entity, Home, Masjids, etc leading to less Units usage bill and all Professionals & Masses may make issue as to are being charged to Good Payers owing to the following.
(a) Capacity Charges, etc
(b) Why Line Losses (including for Govt, KE & XWAPDA DISISCOs employees and theft) and Bribery as to increase in Tariff
(c) A huge counter effect of 4 Federal Sales Tax types
(d) Huge increase in Federal Cabinet Salaries & expenditure as stated above and evident from Electronic & print Media
We expect that you would support and be a Member of the JI, whose workers are taking risks and working in your Favour; and Against Unreasonable Prices due to Capacity, Line Losses, etc; and will atleast multiply.
Otherwise, be ready for constant increases in Electricity Bills with different methods, inspite of Govt claims of New Agreement and Huge Savings, nothing will be transferred to the public by bills reduction.
D. Further Details & Services
Should you require any clarification or explanations in respect of the above or otherwise, please feel free to email Mr Amsal at amsal@786tax.com with CC to info.kasbati@professional-
Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)
Managing Partner
Kasbati & Co (1400+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc
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