power
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Power tariff increased by Rs0.42 | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday approved an increase of Rs0.42 per unit in power tariff on account of quarterly adjustment. The approval came at a public hearing held by the power sector regulator. In a statement, Nepra said that the revised tariff would be applied to the electricity consumers…
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No power relief in sight in coming days | The Express Tribune
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[ad_1] ISLAMABAD: There is no relief in electricity outages in sight in the coming days because of the fear of drying up furnace oil stocks and the shortage of LNG for power plants. During a meeting on the power crisis held on June 6, the Petroleum Division had conveyed to the participants that the state-run…
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The power of the uncarved block and the need to be childlike | The Express Tribune
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[ad_1] PUBLISHED June 12, 2022 KARACHI: “When you discard arrogance, complexity, and a few other things that get in the way, sooner or later you will discover that simple, childlike, and mysterious secret known to those of the uncarved block: Life is fun!” This excerpt from the book ‘The Tao of Pooh’ by Benjamin Hoff…
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Power sector to get major chunk of subsidies | The Express Tribune
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[ad_1] ISLAMABAD: The government has increased subsidy allocation to Rs699 billion in the federal budget for next fiscal year 2022-23, beginning July, of which a major chunk will go to the power sector. For the ongoing fiscal year 2021-22, the government had earmarked Rs682 billion for subsidies in the federal budget. However, the actual subsidies…
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Power generation capacity expands 11.5% | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s electricity generation capacity increased by 11.5% and reached 41,557 megawatts in July-April 2021-22 compared to 37,261MW in the same period of previous fiscal year, revealed the Economic Survey of Pakistan 2021-22. The hydel energy share in the total installed capacity marginally fell to 24.7% year-on-year during the first 10 months of FY22.…
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Govt to scrap tax on power subsidy | The Express Tribune
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[ad_1] ISLAMABAD: The government has decided to resolve the controversy over the tax on subsidy being doled out to electricity consumers and decided to remove the levy in the upcoming budget for fiscal year 2022-23. The tax on subsidy has been a chronic issue between the power distribution companies and the Federal Board of Revenue…
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Power tariff hike jolts business circles | The Express Tribune
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[ad_1] KARACHI: The business community in Karachi has expressed concern over the hike in electricity base tariff at the behest of the International Monetary Fund (IMF). “We totally reject the unlawful increase in electricity base tariff by Rs7.90 per unit announced by the National Electric Power Regulatory Authority (Nepra),” said Karachi Chamber of Commerce and…
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NEPRA hikes power tariff by Rs7.91 per unit | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a massive increase of Rs7.91 per unit in the electricity tariffs. With the new hike, the one-unit price of electrifying has gone up from Rs16.91 to Rs24.82. Nepra has sent the hike to the federal government for notification. The new tariffs will be applicable…
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K-Electric mulling power outages for industries | The Express Tribune
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[ad_1] KARACHI: K-Electric may consider resuming load-shedding across its consumer network including the industrial zones, and may increase the duration of outages in the already affected areas to help people avoid default on monthly bill payments. “The cost of power production has gone beyond peoples’ affordability,” K-Electric’s Chief Marketing Officer Sadia Dada said while briefing…
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China’s power firms to get Rs50b | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif ordered on Monday to immediately disburse Rs50 billion to the Chinese power producers to save them from default and also open a revolving fund to protect them from the circular debt in future. The premier gave the instructions during a meeting with Chinese investors who for the past few…
