ISLAMABAD: Over the past two years, Pakistan has experienced an unprecedented rise in basic electricity tariffs, amounting to Rs25.76 per unit, as per official sources. This increase includes a fixed surcharge of Rs3.23 per unit, significantly raising costs for all consumer categories. From July to October 2022, the basic tariff rose by Rs7.91 per unit, followed by an additional Rs7.50…
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ISLAMABAD: The Power Division has acknowledged its inability to address inefficiencies and mismanagement within the energy sector, leading to a circular debt surpassing Rs2.310 trillion. In response, the division is now proposing the establishment of support units for power distribution companies (DISCOs) comprising officials from intelligence and law enforcement agencies to tackle these challenges and reduce the circular debt. As…
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KARACHI: President Asif Ali Zardari has called for an urgent and comprehensive plan to prevent urban flooding in Karachi amid the ongoing monsoon rains. The city experienced significant waterlogging on Saturday even after light showers, resulting in the tragic deaths of two minor boys. Last week, Sindh Chief Minister Syed Murad Ali Shah directed the Karachi Water and Sewerage Corporation…
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KARACHI: Pakistan’s power generation dropped by 2% to 127,259GWh (14,504MW) in FY24 compared to the previous fiscal year. This decline is attributed to reduced overall economic activity and lower demand caused by rising power tariffs. Hydropower led the power generation mix, contributing 31% in FY24, up from 28% in FY23. RLNG followed with 19% (up from 17% in FY23), while…
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Mari Petroleum Company Limited (MPCL) announces the successful completion of the appraisal program for Ghazij gas discovery, a significant stride towards addressing Pakistan’s energy needs and enhancing food security.Discovered in January 2023 within the Mari Development and Production Lease area, the Ghazij gas field has unlocked new hydrocarbon opportunities in the mature basins. MPCL’s fast track appraisal campaign, which included…
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