KARACHI

Senior Minister for Finance and Energy Syed Murad Ali Shah on Monday said that the provincial government would cancel the lease of the Pakistan Steel Mills land if the federal government initiated its planned move to privatize it.

Talking to media after a conference organized by revenue department, Murad Ali Shah said that no one had contacted the Sindh government for purchasing of the Pakistan Steel Mills. “PPP is against the privatization of the institutions,” he added.

Shah said that HESCO and SEPCO should give details of the excess amounts charged in terms of electricity bills. He also lashed out at the ministry for power and energy for its failure to provide electricity in the province.

He also said that provincial government would ask the federal government during next NFC award to give the authority to collect sales tax to the provinces.

“We will also demand for giving royalty to the province instead of the federal government because it is the provincial government that resolves these issues,” he said, adding that the province had increase its tax generation from past and had planned to rise it to Rs 200 billion in next two years.