ISLAMABAD: The caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the Power Division that concrete steps should be taken in the next 48 hours to reduce the excess electricity bills. The first round of the emergency meeting on the increase in electricity bills was held on Sunday and the second would be held today (Monday). The prime minister was given a…
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ISLAMABAD: Former finance minister Miftah Ismail has claimed that without seeking permission from the International Monetary Fund (IMF), the incumbent government could not extend relief to masses who are feeling the heat of the inflated electricity bills. Following mass protests against the exorbitant electricity bills across the country, the former minister said the caretaker government would seek IMF approval before…
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ISLAMABAD/ LAHORE :Caretaker Prime Minister Anwaarul Haq Kakar on Sunday instructed relevant authorities to formulate concrete measures within the next 48 hours aimed at reducing burden on the masses amid a public outcry over astronomical electricity bills. The prime minister had called an emergency meeting, which lasted for nearly two hours, in a bid to address the complaints about excessive…
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ISLAMABAD: Iranian Ambassador to Pakistan Reza Amiri Moghadam said on Friday that Iran could provide cheap gas, electricity and oil to Pakistan. The Iranian ambassador said this in an informal chat during a reception he hosted for the editors of Rawalpindi and Islamabad newspapers. He said that Iran floated a suggestion to start direct flights to the capitals of both…
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BEIJING:Pakistan’s prominent service-oriented companies will participate in the 2023 China International Fair for Trade in Services (CIFTIS), scheduled to take place in Beijing from September 2 to 6, to showcase their accomplishments. “For the first time, Pakistan’s embassy in Beijing have invited the National Logistics Cell (NLC), Pakistan International Airlines (PIA) and National Bank of Pakistan (NBP) to set up…
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People in different parts of the country on Saturday expressed despair and anger at unprecedentedly high electricity bills with some threatening demonstrations and even a civil disobedience campaign if the extra taxes weren’t deducted. The severe reaction led caretaker Prime Minister Anwaarul Haq Kakar to call an emergency meeting at the Prime Minister’s House tomorrow (Sunday). “In the meeting, a…
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In the wake of protests, Islamabad Electric Supply Company (IESCO) has sought deployment of police force at its different offices to avoid “unpleasant” situations. In a letter to Rawalpindi’s city police officer available with Business Recorder, IESCO said that consumers are visiting different offices of IESCO in groups and mobs to protest against electricity issues. “The employees of IESCO are feeling…
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There might be a big rise in the cost of petrol and diesel in Pakistan due to the rupee losing its value against the US dollar. The price of petrol could go up by over Rs13 per litre in the next two weeks, and this might happen by August 31.The dollar’s value has gone up by Rs12.08 from August 16…
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KARACHI: The industrialists of the North Karachi Industrial Area, which is the largest industrial area in Sindh in terms of SMEs and the second-largest after Sialkot, have vehemently protested against the recent hike in electricity rates, demanding a reversal of the recent electricity rate hike, warned that if their demand is not met, they will initiate full-fledged protests, also shut…
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18 July 2023, Ningbo, China: Solis Inverters (the company), a global powerhouse in the solar energy industry, has been acknowledged as the world’s no.3 solar by shipments, according to Wood Mackenzie. This outstanding recognition reaffirms Solis’ dedication to technological innovation, product quality, and commitment to a sustainable future. In 2022, Solis experienced an exceptional year of growth, marked by the…
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