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Rs50 per litre hike in milk price demanded by Karachi farmers
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[ad_1] A dairy farmer pours milk in a steel drum. — PPI/File KARACHI: Dairy farmers in Karachi urged the government to approve a Rs50 per litre hike in milk price, citing heavy losses caused by recent floods. Addressing a press conference at the Karachi Press Club, Dairy Farmers Association leaders said recent floods had severely…
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Further hike in defence budget likely to deal with India threat | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Pakistan may further increase the proposed defence budget for the next fiscal year to deal with the Indian aggression and spend more on indigenous research and development, in a move that may also require the provincial governments to share the additional cost. Official sources told The Express Tribune that due to rapid…
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Price hike not caused by exports: PSMA | The Express Tribune
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[ad_1] Listen to article LAHORE: Pakistan Sugar Mills Association (PSMA) – Punjab Zone has denied that sugar prices have increased due to exports of the sweetener. In a statement, a spokesman for the association said that some misconceptions had been raised in media by linking the sugar price hike with exports without establishing facts. Owing to a…
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SBP governor says hike in inflation expected after 3-4 months
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[ad_1] SBP Governor Jameel Ahmad addresses a press conference in this undated picture. — AFP/File State Bank of Pakistan Governor Jameel Ahmed said on Monday that the inflation would stay low for the next three to four months due to some reasons including “end of base effect and some other things in pipeline”. Ahmed’s statement…
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Nepra okays Rs3.03 per unit tariff hike for Karachi power consumers
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[ad_1] A general view of K-Electric head office in Karachi. — K-Electric website/File The National Electric Power Regulatory Authority (Nepra) on Friday announced a hike of Rs3.03 per unit for the K-Electric consumers under fuel charges adjustment (FCA) of July 2024. The revised tariff will be applied to electricity bills for December 2024, as per…
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NEPRA approves power price hike under quarterly, fuel price adjustments | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase in electricity prices under quarterly and fuel price adjustments, while also reducing charges by 37 paisa per unit for July’s fuel cost adjustment. In a statement issued by NEPRA on Friday, it was confirmed that a quarterly adjustment of Rs1.75 per unit…
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IPPs not to blame for tariff hike: Leghari | The Express Tribune
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[ad_1] Federal Minister for Energy Awais Ahmed Khan Leghari has defended the independent power producers (IPPs), asserting that these private entities are not responsible for the rising cost of electricity in the country. “The IPP policy is not the cause of expensive electricity,” Leghari told Voice of America during an exclusive interview. “The high cost…
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Nepra approves hike in electricity tariff for KE consumers
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[ad_1] Technicians are silhouetted as they fix cables on a power transmission line in Karachi, Pakistan, January 9, 2017. — Reuters/file ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday increased the electricity tariff for K-Electric (KE) consumers by Rs5.76 per unit on account of fuel adjustment charges amid public outcry over exorbitant power…
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Ex-minister questions power tariff hike | The Express Tribune
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[ad_1] Former caretaker commerce minister Dr Gohar Ejaz has raised concerns about the steep rise in electricity bills, questioning how the cost per unit has reached as high as Rs80 when the production cost in July was only Rs9 per unit. In a tweet, Dr Ejaz pointed out that in July, the total average electricity…
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K-Electric seeks Rs5.45 per unit hike in already soaring power tariff
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[ad_1] A view of the K-Electric head office in Karachi. — K-Electric website/File ISLAMABAD: K-Electric, the coastal metropolis’s only power utility, on Saturday requested a Rs5.45 per unit increase in the electricity tariff under the fuel cost adjustment (FCA) for May and June 2024. If approved by the National Electricity Power Regulatory Authority (Nepra), this…
