power
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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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No loadshedding due to power generation shortfall: NA told
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[ad_1] Federal Law Minister Azam Nazeer Tarar speaks during the National Assembly session in Islamabad on September 4, 2024. — Screengrab via Geo News As the incumbent government faces scrutiny due to soaring electricity prices and issues involving independent power producers (IPPs), Federal Law Minister Azam Nazeer Tarar has said that no loadshedding is being carried out in…
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IMF pours cold water on Punjab’s cheap power plan | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has slapped Pakistan with a slew of new conditions regarding energy subsidies and provincial budgets after Punjab took a “fiscally reckless” decision to give Rs45 to Rs90 billion electricity subsidies for two months. Government sources told The Express Tribune on Monday that the global lender imposed at least…
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Plan on anvil to reduce electricity tariff: power minister
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[ad_1] Federal Minister of Energy Sardar Awais Ahmad Khan Leghari. — APP/File FAISALABAD: Federal Minister of Energy Sardar Awais Ahmad Khan Leghari has said that the cost of electricity production will be reduced as an action plan in this regard is being prepared by introducing reliable reforms to the power sector and minimising line losses.…
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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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Slight cut in power tariff likely | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is likely cut the power tariff by Rs0.3142 per unit on account of fuel charges adjustment for July 2024. The Central Power Purchasing Agency (CPPA) has moved a petition to Nepra that it is ready to refund this per-unit price to the consumers in their September…
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Government mulls IPPs closure to reduce power tariffs | The Express Tribune
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[ad_1] Listen to article The federal government has initiated plans to reduce the current electricity tariffs through a series of proposals and measures, acknowledging the significant financial risks faced by the power sector. According to sources, the government is working on multiple strategies to rationalise electricity rates, which include reducing allocations in development budgets at both federal…
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How much did power companies cost the national exchequer in just one year? | The Express Tribune
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[ad_1] Listen to article KARACHI: Pakistan’s power distribution companies (DISCOs) have inflicted a staggering loss of over Rs196 billion on the national exchequer in just one year, according to the Auditor General of Pakistan’s report for the fiscal year 2023-24. The audit report highlights that eight DISCOs exceeded the loss limits set by the National Electric Power…
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Govt jacks up power tariff by Rs2.56 per unit in June FCA
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[ad_1] A technician fixes new electricity meters at a residential building in Karachi, Pakistan, on May 13, 2010. — AFP ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday notified a hike in power tariff by Rs2.56 per unit under fuel cost adjustment (FCA) related to the month of June and would be collected…
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Govt forms task force for urgent power sector overhaul | The Express Tribune
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[ad_1] Following widespread protests over skyrocketing electricity bills, Prime Minister Shehbaz Sharif has announced the formation of a task force to implement structural reforms in Pakistan’s power sector, according to media reports. The task force aims to alleviate the financial burden on the government and establish a more efficient, self-sustaining power market. Sources reveal that…
