Month: August 2024

WAPDA awards Rs. 21.534 billion contract for installation of Telemetry System at Indus Basin

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New-WAPDA

System to be installed at 27 key sites for real-time discharge monitoring Pakistan Water and power Development Authority (WAPDA) has awarded contract worth Rs. 21.534 billion for installation of telemetry system at 27 key points on Indus Basin Irrigation System (IBIS) for real-time discharge monitoring. The contract has been awarded to a Joint Venture (JV) comprising CDigital and HBCC along with Siemens as Sub-Contractor in the JV. As per the contract, the telemetry system, after the installation, will be commissioned in December 2026. Chief Engineer and Project Director Indus Telemetry…

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President to Meet Business Leaders Over IPPs’ Capacity Charges

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power-sector

ISLAMABAD: As citizens struggle with soaring electricity bills, a high-level business delegation is set to meet President Asif Ali Zardari on Thursday to address concerns about the excessive capacity charges levied by independent power producers (IPPs) and their impact on the economy. Led by Gohar Ejaz, Chairman of the Economic Policy and Business Development Think Tank, the delegation from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) will include 45 presidents of various chambers of commerce and industries. The FPCCI plans to challenge the IPP agreements in the…

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Nepra Warns Against Forced Revisions of Power Contracts, Urges Adoption of New Technologies

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NEPRA

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has cautioned against the forced renegotiation of power sector contracts, emphasizing the potential future repercussions. Nepra Member Law Amina Ahmed stressed the legal and practical constraints of revisiting closed transactions with independent power producers (IPPs) at a public hearing regarding an additional Rs2.63 per unit fuel cost for electricity consumed in June. Ahmed highlighted the negative impact of campaigns against contractual obligations and advised that any perceived mistakes in contract agreements should be formally addressed rather than reopening settled deals. She also…

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Deadline for July and August Bills Extended Following Overbilling Accusations Against Discos

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Your-Bill

ISLAMABAD: Amidst accusations of widespread overbilling by power distribution companies, including K-Electric, Prime Minister Shehbaz Sharif has extended the deadline for payment of July and August electricity bills by 10 days. An inquiry by the National Electric Power Regulatory Authority (Nepra) revealed that all distribution companies had been overcharging consumers from April to June 2024. In response, Nepra ordered the companies to adjust bills on a pro-rata basis and replace faulty meters. Additionally, consumers who paid inflated bills, including late payment surcharges, will receive compensation. The Ministry of Energy confirmed…

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