A representative image of transmission lines. — AFP/File ISLAMABAD: As Pakistan’s economy shows promising signs of recovery, the power sector plays a pivotal role in sustainable growth. THE Economic update And Outlook for November 2024 highlights a significant increase in foreign direct investment (FDI) in the sector, with $414 million invested in the first four … Read more
A view of the K-Electric headquarters, with solar panels in the parking lot, in Karachi, January 24, 2023. — Reuters The National Electric Power Regulatory Authority (Nepra) has announced a reduction of Re 0.18 per unit in electricity prices for consumers in Karachi as part of the September 2024 monthly adjustment, News reported. The reduction … Read more
Federal Minister for Energy Sardar Awais Ahmad Khan Leghari. — APPLICATION/File Federal Energy Minister Awais Leghari said on Friday that negotiations with 11 other independent power producers (IPPS) were currently underway to reduce electricity tariffs. While briefing on the ‘Bijli Sahulat package’, Laghari said the government had terminated power purchase agreements with five IPPs, a … Read more
A representative image of transmission lines. — AFP/File The package aims to encourage the use of electricity to generate income. Electricity consumption in winter ranges from 9,000 to 12,000 megawatts. ECC also approves Rs26.07 per kWh for all eligible consumers. ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet has approved the winter package … Read more