You are here

Day: August 3, 2024

Sindh govt set to distribute 2lac solar kits among low-income families in 30 distts: Murad ShahAgreement signed for distribution of SHS kits

Admin
murad-ali-shah

KARACHI (Aug 3): “Sindh Chief Minister Syed Murad Ali Shah, speaking at the signing ceremony of framework agreements for solar systems, said that 200,000 Solar Home Systems (SHS) would be provided to low-income households selected through the Benazir Income Support Program (BISP) data in all districts of the province.” He said that by the end of October first batch of…

Read More

Pakistan to Draft Dam Safety Act Inspired by Regional Legislation

Admin
Mangi-Dam

ISLAMABAD: The Ministry of Water Resources has initiated the process of drafting a Dam Safety Act, modeled after similar laws enacted in Bangladesh and India. This update was shared with the Senate Standing Committee on Water Resources, chaired by Senator Shahadat Awan, following directives from the committee’s previous meeting. In the last meeting, the committee instructed the Ministry to create…

Read More

NEPRA Approves Rs6.69 Billion Negative Adjustment for K-Electric for Apr-Jun 2023 Quarter

Admin
KE’S- 7-YEAR- INVESTMENT-ROADMAP

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved a negative adjustment of Rs6.69 billion for K-Electric (KE) for the April-June 2023 quarter under the Quarterly Tariff Adjustment (QTA) mechanism. This adjustment will be incorporated into the new Multi-Year Tariff (MYT) for the period 2023-24 to FY 2029-30. The authority conducted a hearing regarding KE’s quarterly adjustment request on…

Read More

Pakistan Considers Importing Coal from Kyrgyzstan to Bolster Energy Supply

Admin
coal-project

ISLAMABAD: Pakistan is exploring the possibility of importing coal from Kyrgyzstan for power generation, a temporary measure until power plants can transition to Thar coal, according to sources from Business Recorder. The Ambassador of Pakistan to Kyrgyz Republic recently met with Talaibek Baigaziev, Kyrgyz Deputy Minister of Energy, to discuss potential energy cooperation between the two countries. During the meeting,…

Read More

CCOP Approves Sale of Six Loss-Making Power Firms; Consumers to Bear Rs200 Billion Burden

Admin
Power-Project

ISLAMABAD: The Cabinet Committee on Privatisation (CCOP) has approved the sale of six of the highest loss-making power distribution companies and four power generation companies, which collectively incur annual losses exceeding Rs200 billion. This decision, aimed at reducing the financial strain on the power sector, indicates that consumers will continue to face high electricity bills to cover these losses. The…

Read More

Karachi Residents Face New Municipal Utility Charges in Electricity Bills

Admin
Your-Bill

KARACHI: In a move that adds to the financial burden of Karachi’s residents, the Karachi Metropolitan Corporation (KMC) has formally notified the collection of the controversial Municipal Utility Charges and Tax (MUCT) through K-Electric (KE) bills. This new charge will cost residents up to Rs400 extra in their electricity bills for the current month. Officials from both KMC and KE…

Read More

PM Shehbaz Focuses on Reducing Electricity Prices to Boost Economy

Admin
Shahbaz-Sharif

Emphasizes the need for affordable electricity for agriculture and industry growth.Criticizes politicization of electricity pricing, citing inefficiencies and corruption in the FBR and energy sector.Requests China to reprofile Pakistan’s debt to secure IMF bailout. ISLAMABAD: In response to Jamaat-i-Islami’s (JI) 48-hour ultimatum to reduce electricity prices, Prime Minister Shehbaz Sharif announced on Friday that the government is committed to providing…

Read More