NEPRA to Hear CPPA Petition on Electricity Tariff Hike, Impacting K-Electric Consumers ISLAMABAD/KARACHI – The Central Power Purchasing Agency (CPPA) has submitted a petition to the National Electric Power Regulatory Authority (NEPRA), which is scheduled for a public hearing today. The proposed monthly adjustment would also affect K-Electric consumers. According to CPPA data, Pakistan generated […]
Justice Department Appeals Ruling Blocking Trump Tariff Powers Washington – The U.S. Justice Department has appealed a federal appeals court ruling that struck down President Donald Trump’s use of emergency powers to impose tariffs, a key element of his second-term agenda. The appeal challenges an August 29 decision that said Trump exceeded his authority under […]
Oil Prices Rise Slightly as US-China Tariff Truce Extends and Trump-Putin Meeting Approaches By early Tuesday, Brent crude oil futures had gained 26 cents, or 0.39%, reaching $66.89 per barrel. Meanwhile, US West Texas Intermediate (WTI) crude rose 22 cents, or 0.34%, to $64.18 per barrel. The boost in oil prices comes after the White […]
US, China Extend Tariff Truce Until November WASHINGTON / BEIJING — The United States and China have agreed to extend their tariff truce until November 10, delaying steep increases in trade duties that were set to take effect this week. US President Donald Trump announced on his Truth Social platform that he had signed an […]
U.S. Sets 19% Tariff on Pakistani Exports The United States has decided to apply a 19% tariff on products coming from Pakistan. This means that when Pakistani goods are sold in the U.S., an extra 19% tax will be added. This new decision is seen as a positive step for Pakistan. It helps keep Pakistani […]
“Due to the tariffs, many of our customers in China have indicated that they will not take delivery,” CEO Kelly Ortberg said during a first-quarter earnings call on Wednesday. Ortberg said China was the only country where Boeing was facing this issue, and the planemaker would redirect new jet supply to other customers eager for […]
The power companies have filed a petition seeking a reduction of Rs 52.12 billion in the tariff, which is part of the second quarterly adjustment for the current fiscal year. The request includes a reduction of Rs. 50.66 billion in capacity charges, Rs. 2.66 billion in transmission and distribution losses, and Rs. 2.69 billion in […]
Talking in a meeting of the National Assembly’s standing committee for energy he said that the power tariff has decreased,” Power price has dropped for consumers, we have saved 1100 billion rupees by renegotiated agreements with IPPs.” He said all agreements with independent power producers (IPPs) will be reviewed. “People will save good money after […]
According to a spokesperson for K-Electric, the electricity of defaulters in Nazimabad has been disconnected due to outstanding dues amounting to billions of rupees. The spokesperson added that the outstanding amount owed by these defaulters has exceeded Rs1.7 billion. Despite multiple assurances, the dues were not paid. Regarding load-shedding, the spokesperson for K-Electric stated that […]
“If there are U.S. tariffs, Mexico would also raise tariffs,” Sheinbaum said during a press conference, in her clearest statement yet that the country was preparing possible retaliatory trade measures against its top trade partner. Mexican Economy Minister Marcelo Ebrard, speaking alongside Sheinbaum, called for more regional cooperation and integration instead of a war of […]
