Nepra approves electricity tariff hike of Re 0.20 per unit for quarterly adjustments Blogging Sole

Nepra approves electricity tariff hike of Re 0.20 per unit for quarterly adjustments

 Blogging Sole

Building of the National Electric Energy Regulatory Authority. —Nepra website/File Re 0.1957 per unit will also be charged to KE consumers. Uniform rate of Re.0.1957 per unit to be invoiced in December. Nepra announces price increase via notification. KARACHI: Due to quarterly adjustments for the first quarter of the financial year 2024-2025, the National Electric … Read more

ADB approves $330 million for Pakistan’s poverty eradication efforts Blogging Sole

ADB approves 0 million for Pakistan’s poverty eradication efforts

 Blogging Sole

An image of the headquarters of the Asian Development Bank (ADB). — AfDB Website/File ISPDP funding aims to reduce poverty among vulnerable women and families. Additional funding strengthens BISP’s capacity for climate resilience measures. The ADB has committed $52 billion to Pakistan since 1966 for economic development. The Asian Development Bank (ADB) has approved additional … Read more

AfDB approves $200 million loan for power distribution sector modernization Blogging Sole

AfDB approves 0 million loan for power distribution sector modernization

 Blogging Sole

Electricity transmission towers are pictured in Karachi on July 26, 2022. — Reuters The project will include the installation of advanced metering infrastructure. At least 25 network stations are to be built and upgraded in Lesco. The voltage of four stations on the Sepco network will be increased to 132 kV. ISLAMABAD: The Asian Development … Read more

Putin approves Russia’s record defense spending budget as EU officials visit Kyiv Blogging Sole

Russian President Vladimir Putin budget plans approved, bringing military spending for 2025 to record levels as Moscow seeks to assert itself in the war in Ukraine. About 32.5% of the budget published on a government website on Sunday was allocated to national defense, or 13.5 trillion rubles (more than $145 billion), compared to 28.3% this … Read more