KARACHI: A consortium led by Liberty Power Holding has officially withdrawn its intention to acquire a 63.89% stake in Engro Powergen Qadirpur Limited, citing commercial considerations. In a notice filed with the Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX) on Thursday, Arif Habib Limited confirmed the termination in accordance with Regulation 21 of the…
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ISLAMABAD: Consumers are set to receive immediate power tariff relief of Rs5.03 per unit within the coming days, confirmed National Electric Power Regulatory Authority (NEPRA) Chairman Waseem Mukhtar during a public hearing on Friday. The hearing, held to deliberate on the government’s proposal to reduce tariff by Rs1.71 per unit through an additional petroleum levy of Rs58.6 billion for three…
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ISLAMABAD: Electricity consumers across Pakistan, including those in Karachi, will benefit from reduced power tariffs of up to 17%, funded primarily through an increased petroleum development levy (PDL) of Rs58 billion, placing the burden on oil consumers. At a public hearing on Friday, the National Electric Power Regulatory Authority (Nepra) reviewed a government proposal to reduce power tariffs by Rs1.71…
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ISLAMABAD, April 5: Power Minister Awais Ahmad Khan Leghari on Friday confirmed that there has been no reduction in the national base electricity tariff so far, even as the government prepares to offer temporary relief of up to Rs7.41 per unit through quarterly and monthly adjustments. At a press conference, the minister explained that the Rs1.90 per unit negative quarterly…
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Østerild, Denmark – April 5, 2025: Siemens Gamesa has successfully completed the installation of the world’s most powerful wind turbine — a groundbreaking 21.5MW offshore prototype — at the Østerild test centre in northern Denmark. The final set of blades was mounted yesterday, marking a major milestone for the German-owned renewable energy giant. This achievement positions Siemens Gamesa at the…
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Islamabad: The Water and Power Development Authority (WAPDA) has released the latest data on river inflows, outflows, and reservoir levels across the country, highlighting the current water situation at major dams and barrages. River Flows: Barrages: Reservoir Levels: The inflow and outflow figures at key locations such as Tarbela, Jinnah, Chashma, Nowshera, and Mangla reflect 24-hour mean flows, while other…
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April 5, 2025 – Lahore: Federal Minister for Water Resources, Mian Muhammad Mueen Wattoo, visited WAPDA House and assured full support from the Ministry for the timely completion of crucial water and hydropower projects. In his address to senior officers and staff, the Minister highlighted the Federal Government’s commitment to expanding water storage capacity and enhancing clean, green, and affordable…
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