power
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Govt moves to turn idle power into digital gold | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: In a ground-breaking move to transform Pakistan into a global leader in digital innovation, the government allocated 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power Bitcoin mining and artificial intelligence (AI) data centres, said a press release on Sunday. This initiative, spearheaded by the Pakistan…
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Govt announces Rs26 per unit relief for extra winter power usage
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[ad_1] A general view of the high voltage lines during a nationwide power outage in Rawalpindi on January 23, 2023. — AFP The federal government on Friday unveiled the “Bijli Sahulat Package” for three months — December 2024 to February 2025 — aiming to manage winter electricity demand and stimulate economic growth, delivering a major…
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Nepra cuts September’s power tariff by Rs1.28 under FCA
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[ad_1] The National Electric Power Regulatory Authority (Nepra) headquarters can be seen. — Facebook/NEPRA/file The National Electric Power Regulatory Authority (NEPRA) has given go-ahead to a Rs1.28 per unit reduction in electricity prices for September 2024 under the Fuel Charges Adjustment (FCA), a notification said on Wednesday. This decision, effective in November’s billing cycle, provides…
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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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Independent multiplayer market for power sector gets CCoE go-ahead
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[ad_1] Prime Minister Shehbaz Sharif chairs a meeting of Cabinet Committee on Energy in Islamabad on October 9, 2024. — PID ISLAMABAD: As the ruling coalition doubles down on its efforts to reduce all-time high tariffs, the Cabinet Committee on Energy (CCoE) on Wednesday authorised the establishment of an independent multiplayer market for power generation…
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Fuel price adjustments to bring relief in Sept power bills
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[ad_1] A general view of the high voltage lines during a nationwide power outage in Rawalpindi on January 23, 2023. — AFP As the inflation-weary masses continue to face the brunt of soaring electricity bills, the Power Division has said that consumers will be able to benefit from a relief of over Rs2 per unit in…
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Power struggles in climate ministry | The Express Tribune
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[ad_1] ISLAMABAD: The Ministry of Climate Change has become the centre of internal conflict over efforts to reinstate a senior official, Mujtaba Hussain, who was previously removed over corruption allegations. The power struggle within the ministry is reportedly driven by top political figures pushing for his return, despite ongoing investigations. Sources told The Express Tribune…
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Punjab withdraws Rs14 power subsidy for ICT | The Express Tribune
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[ad_1] ISLAMABAD: The Punjab government has decided to immediately withdraw the Rs14 per unit electricity subsidy for the consumers of the Islamabad Capital Territory while succumbing to the pressure exerted by the International Monetary Fund. The decision would deprive the consumers of the Islamabad Capital Territory from the Rs14 per unit subsidy for the month…
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‘Status quo can’t be maintained’: Energy minister confirms talks with IPPs to reduce power rates
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[ad_1] A worker of Peshawar Electric Supply Company (PESCO) climbs up a high-voltage pylon in Peshawar, August 7, 2017. — Reuters Confirming the coalition government’s efforts to renegotiate contracts with independent power producers (IPPs) to reduce “unsustainable” electricity tariffs, Energy Minister Awais Leghari said both sides have a clear understanding that the “status quo can’t…
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Pakistan seeks to renegotiate power deals to slash unsustainable electricity costs, says minister Leghari | The Express Tribune
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[ad_1] Pakistan is renegotiating contracts with independent power producers to rein in “unsustainable” electricity tariffs, Energy Minister Awais Ahmad Leghari has said as power customers tackle with soaring unsustainable costs. Rising power tariffs have stirred social unrest and shuttered industries in the $350 billion economy, which has contracted twice in recent years as inflation hit record…
