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 […]
Trump, who takes office on Jan. 20, said on Monday he would impose “an additional 10% tariff, above any additional tariffs” on imports from China until Beijing clamped down on trafficking of the chemical precursors used to make the deadly drug. The two superpowers are setting out their positions ahead of the former president’s return […]
The National Electric Power Regulatory Authority (Nepra) on Thursday approved the extension of flat electricity tariff; to industrial consumers across the country without the application of expensive peak charges till June 30, 2022. The approval came following a decision of the Cabinet Committee of the Cabinet and ratified by the Federal Cabinet on the ground […]
