Power Division denies reports of fixed tax imposition on solar power

By MG News | April 27, 2024 at 04:38 PM GMT+05:00

0:00

April 27, 2024 (MLN): The Power Division has refuted media reports claiming that the government has imposed a fixed tax on solar power, as revealed in the latest notification from the Information Ministry today.

In a statement, the power division stated there is no truth in the news of solar power fixed tax. The Central Power Purchasing Agency or Power Division has not sent any such summary to the government in this regard.

The power division said the Net Metering Policy of 2017 was aimed at promoting alternative energy in the system and there has been a phase where the solarization has increased very rapidly.

It further stated that such proposals and amendments are being considered to save the poor from further burden.

The statement affirmed to protect the investment of 152,000 net metering consumers.

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