Electricity tariffs for consumers of all distribution companies (Discos), including K-Electric, are likely to decrease by Rs1.51 per unit for three months due to lower capacity charges, driven by reduced interest and exchange rates and revisions in power purchase contracts with both public and independent power producers (IPPs).
The National...
The Power Division is making another attempt to convince the federal cabinet to curtail returns on solar net metering and remove electricity duty on consumer bills being resisted by the provinces.
Speaking at a news conference on Thursday, Power Minister Awais Leghari said he would be presenting a revised plan...
Federal Minister for Power, Sardar Awais Ahmad Khan Leghari, has announced that the Competitive Trading Bilateral Contract Market (CTBCM) will enter its final implementation phase within the next two months.
The Minister made this statement during a meeting with a high-level World Bank delegation, led by Ousmane Dione, the Regional...
Country’s largest independent power producer Hub Power (HUBCO) said on Wednesday it was seeking an extension to $51 million in bank guarantees to protect its coal-fired power plants, a crucial source of stable power amid Pakistan’s rising use of solar.
The guarantees, previously short-term, would now stay in place until...
The National Commission for Human Rights (NCHR) on Wednesday reaffirmed its commitment to supporting communities affected by the Thar Coal project after a crucial meeting at its Karachi office.
Chaired by NCHR Member (Sindh) Anis Haroon, the meeting brought together community advocates and residents to discuss the adverse impacts of...
Fakt Exhibitions Pakistan’s leading exhibitions organizing company will be organizing SOLAR PAKISTAN - Country’s biggest and only dedicated solar energy exhibition from 26th to 28th July 2024 at The Arena DHA, Multan. This premier event will showcase innovative solar energy solutions and advancements, bringing together 50 top-notch companies from...
The National Assembly’s Standing Committee on Economic Affairs Division (EAD) expressed concern on Wednesday over the privatisation of profit-making power distribution companies (Discos) and the financial loss incurred from generating surplus electricity.
The committee, chaired by MNA Muhammad Atif, also reprimanded the National Highway Authority (NHA) for the absence of its chairman...
The Directorate of Customs Post Clearance Audit has validated the allegations of large-scale money laundering involving 13 companies that imported solar panels.
The Customs Adjudication Collectorate imposed a massive penalty of Rs111 billion on these companies for bringing in fake solar panel shipments. According to Shiraz Ahmed, Director Post Clearance...
Confirming widespread overbilling and subsequent punitive action against relevant electricity officials in Lahore following a probe ordered by Prime Minister Shehbaz Sharif, the Power Division on Monday said the federal government cannot abolish electricity duty — as announced by the power minister — without the consent of the provincial...
