electricity

Prime Minister orders reduction in electricity tariffs, insists on prioritizing low-cost power projects Blogging Sole

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Prime Minister orders reduction in electricity tariffs, insists on prioritizing low-cost power projects Blogging Sole

Prime Minister Shehbaz Sharif chairs a meeting to assess and discuss the country’s future electricity and power plans in Islamabad, December 13, 2024. — APP The PM orders the transfer of electricity generation capacity to solar energy. Calls for the immediate closure of inefficient power plants. Orders action against officials who deliberately obstruct reforms. ISLAMABAD: … Read more

Cabinet greenlights ‘settlement agreements’ with eight IPPs to reduce electricity tariffs Blogging Sole

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Cabinet greenlights ‘settlement agreements’ with eight IPPs to reduce electricity tariffs Blogging Sole

Prime Minister Shehbaz Sharif chairs a federal cabinet meeting in Islamabad in this undated photo. — APPLICATION/File The government claims the move would save the national exchequer Rs238 billion. The Prime Minister said the government was taking all possible measures to reduce electricity tariffs. “A mechanism has been developed to enable the safe evacuation of … Read more

A look at the crucial role of regulators in the electricity sector Blogging Sole

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A look at the crucial role of regulators in the electricity sector Blogging Sole

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

Karachi residents to get Re 0.18 per unit relief on their electricity bills Blogging Sole

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Karachi residents to get Re 0.18 per unit relief on their electricity bills Blogging Sole

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