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Categories: BusinessNewsPakistan

Karachi Water Corporation Offers Rebate on Dues

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In a sixth board meeting chaired by Karachi Mayor and Chairman of the Water and Sewerage Corporation, Barrister Murtaza Wahab, Karachi Water and Sewerage Corporation (KW&SC) approved a rebate policy aimed at easing the payment of outstanding dues for retail consumers.

Under this new policy, consumers who settle their dues in a single payment will receive a 35 percent discount. Consumers paying within six months will get a 25 percent discount, nine-month payments will be eligible for 20 percent, one-year payments for 15 percent, and payments completed within 15 months will receive a 10 percent rebate.

According to the spokesperson, this rebate policy will remain in effect until January 31, 2025. After this date, defaulters will face strict actions under Section 40 of the new Water Corporation Act.

The meeting, held at the Secretariat in Karsaz, included KW&SC CEO Engineer Syed Salahuddin Ahmed (online), COO Engineer Asadullah Khan, Dr. Sarosh H. Lodhi, Zafar Subhani, Abdul Kabir Qazi, and other board members.

The board also approved legal agreements related to a USD 240 million loan from the World Bank for the Karachi Water and Sewerage Services Improvement Project.

Mayor Karachi, Barrister Murtaza Wahab, emphasized that providing better water and sewerage services is a top priority, with the support of the Sindh Government and the World Bank. He stated that the rebate policy is designed to make it easier for residents to clear their dues, and he encouraged citizens to take full advantage of this opportunity.

Increased revenue for the Water Corporation will ultimately lead to better water and sewerage services for Karachi’s residents.

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Zubair Yaqoob

Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories. Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting. Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

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