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MULTAN, Jul 08 (APP):In a major relief initiative for farmers, the Multan Electric Power Company (MEPCO) has introduced an “Easy Installment” package aimed at facilitating the recovery of long-pending dues from agricultural consumers, particularly tube well consumers.
Chief Executive Officer (CEO) Engineer Gul Muhammad Zahid has approved a flexible installment plan to ease the financial burden on defaulter tube well consumers, many of whom have outstanding payments dating back to 2015. The company has faced challenges in collecting these arrears and was now implementing a structured installment system to ensure revenue recovery without overburdening farmers.
According to a notification issued by Chief Engineer Customer Services, Syed Jawad Mansoor Ahmed on Wednesday, the initiative was designed to benefit defaulter farmers who have not paid their electricity dues for extended periods.
As per the new plan, tube well consumers with outstanding dues up to Rs 1 million can now pay in 30 monthly installments. Those with dues between Rs one million and Rs three million were eligible for 40 monthly installments while the defaulter with dues exceeding Rs three million will have their cases reviewed and approved on a case-to-case basis.
Meanwhile, defaulter tube well consumers with disconnected connections can have their supply restored by making a 10% down payment along with reconnection order (RCO) charges.
Each installment will incur a monthly markup and failure to make timely payments will result in the termination of the installment facility. However, in such cases, no further markup will be applied.
This customer-friendly policy reflects MEPCO’s commitment to balancing revenue recovery with consumer ease, particularly for the agricultural sector, a backbone of the regional economy.