ISLAMABAD: The Power Division has dismissed as “baseless” the rumours circulating on social media claiming the government was all set to impose a fixed tax on solar power.
According to the reports, a summary had been moved to introduce the fixed tax on solar electricity. The reports further suggested that the Central Power Purchasing Agency (CPPA) has suggests levying a tax of Rs2,000 per kilowatt on those installing solar panels for residential or commercial purposes.
In a statement, the division said there was no truth in the reports 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.”
Hinting at cutting tariff for solar net metering, the Power Division, however, stated that the prevailing system is promoting unhealthy investment in the sector.
“The well-off people are massively installing solar panels,” said the power division statement.
The statement from the power division came as the rates of solar panels plummeted by over 60% in recent weeks in the country due to bulk imports from China.
