ISLAMABAD: In an apparent bid to discourage in-house power generation, the federal government has planned to replace solar net metering with “gross metering”, Geo News reported citing sources.
The Pakistan Muslim League-Nawaz (PML-N) government started working on envisaging the gross metering policy for rooftop solar panels which would extensively reduce financial benefits of the in-house power generation, as per the insiders.
The sources said that recommendations have been tabled to end unit-for-unit formula under the gross metering, whereas, the prices of electricity units given to the national grid would be halved under the new policy.
It was also learnt that the government will purchase electricity units from the rooftop solar panel owners at the price set by the Central Power Purchasing Agency (CPPA). On the other hand, the power distribution companies (Discos) will sell the electricity to the consumers at the government rates.
The sources added that Pakistan also held talks with the International Monetary Fund (IMF) regarding its gross metering policy. The new policy is likely to be presented before the federal government and Council of Common Interests (CCI) for its final approval.
Field Marshal Asim Munir will attend the retirement ceremony of US Central Command chief General Michael Kurilla
This image released on March 3, 2022, shows the FBR building. — Facebook@Federal Board of RevenueISLAMABAD: The...
Minister for Information and Broadcasting Attaullah Tarar addresses a news conference in Islamabad on March 13, 2024....
A representative image for tax. — Reuters/FileLAHORE: The Punjab government, in a decisive policy shift, has...
Security forces are deployed in a restive tribal area of Khyber Pakhtunkhwa bordering Afghanistan in this undated...
Saudi Arabia's flag can be seen fluttering in the air. — AFP/FileKARACHI: Several analysts believe Saudi Arabia’s...