power
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CCOP okays sale of six power firms | The Express Tribune
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[ad_1] ISLAMABAD: The Cabinet Committee on Privatisation on Friday approved the sale of six highest loss-making power distribution and four power generation companies, causing a total annual loss of over Rs200 billion, in the last leg of privatisation –in a move that will keep the power sector bleeding for years to come. The decision to…
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Gohar Ejaz lashes at power producers of charging billions without producing power | The Express Tribune
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[ad_1] Former caretaker Minister of Commerce Dr Gohar Ejaz has criticised the Independent Power Producers (IPPs) for allegedly charging the government Rs 200 billion without generating a single unit of electricity. In a press conference in Islamabad, Dr Ejaz called for a forensic audit of these transactions and questioned the efficiency of the country’s energy…
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Capacity charges are just the tip of Pakistan’s power sector iceberg | The Express Tribune
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[ad_1] Pakistan’s power sector woes are a hot topic, often attributed to capacity charges as the primary cause of circular debt and high electricity costs. However, the reality is far more complex. The public’s lack of exposure to the true causes makes it challenging to convey the consequences of our cumulative failures in power sector…
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Increase in power rates expected by Rs2.63 per unit | The Express Tribune
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[ad_1] Electricity prices are likely to increase by Rs2.63 per unit for consumers, as the Central Power Purchasing Agency (CPPA) has submitted a request to the National Electric Power Regulatory Authority (NEPRA). The proposed hike is aimed at adjusting monthly fuel costs. The government-owned distribution companies have already been charging higher rates, and this adjustment…
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China approves use of local coal for three Pakistan power plants | The Express Tribune
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[ad_1] China has approved the conversion of three coal-fired power plants in Pakistan from imported coal to local coal, a significant move aimed at reducing energy costs. Sources confirmed that Finance Minister Muhammad Aurangzeb and Energy Minister Owais Leghari, currently visiting China, facilitated the agreement. The plants affected include the 1,320 MW Sahiwal Coal Power…
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Officials including judges, bureaucrats, lawmakers ‘may lose’ free power facility
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[ad_1] A worker of Peshawar Electric Supply Company (PESCO) climbs up a high-voltage pylon in Peshawar, Pakistan August 7, 2017. —Reuters ISLAMABAD: The government is weighing the decision to terminate free electricity for government officials, including judges, bureaucrats, and lawmakers, as part of its efforts to ease the power sector’s staggering financial burden, sources from…
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Power plants rake in Rs10b monthly with zero power output: NEPRA data reveals shocking truth | The Express Tribune
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[ad_1] The former caretaker minister for Commerce and Industries Dr Gohar Ejaz, while referring to National Electric Power Regulatory Authority (NEPRA) data has stated that at least four power plants which are receiving Rs10 billion per month are running without supplying any electricity at all. In a post shared on X (formerly Twitter) on Sunday,…
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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…
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Government considers dropping power tariff hike for protected consumers | The Express Tribune
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[ad_1] ISLAMABAD: The federal government has proposed to withdraw the recent electricity price hike for consumers using up to 200 units per month, according to sources. Prime Minister Shehbaz Sharif has directed the federal cabinet to urgently approve the summary of this proposal, aimed at providing relief to consumers using up to 200 units per…
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Power consumers in for another shock | The Express Tribune
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[ad_1] ISLAMABAD: Power consumers may face a significant Rs5.72 per unit—or 19.2%—increase in electricity base tariff as the federal government has requested the National Electric Power Regulatory Authority (NEPRA) to implement a uniform tariff for consumers of distribution companies (DISCOs) and K-Electric. NEPRA—the country’s power regulator—has scheduled a public hearing on Monday, July 8, to…
