A technician works on porcelain insulators on an electrical transmission tower in Karachi. — Reuters/File IPP contract changes could save Rs411 billion annually: sources. Tariff revision for bagasse power plants saves Rs238 billion. The extension of the winter electricity assistance program is also under study. ISLAMABAD: The federal government is working on various options to … Read more
Listen to the article The surge in chicken prices in Pakistan has been attributed to a severe shortage of chicks, the fundamental building block of the poultry industry, according to industry sources. Initially, soaring chick prices put a strain on the market, but today even the most expensive chicks are in short supply. In Punjab, … Read more
Brokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Thursday, October 17, 2024. — PPI The market opened the week in the red and fell 1.13% at the end of the session. The KSE-100 index fell 1,331.86 points, closing at 116,255.12. The intraday high of 118,735.09 reversed to hit the low … Read more
A representative image showing the lit burner of a gas stove. — Reuters/File Ogra approves 8.71% increase for Sui Northern users. Approves a 25.78% increase for Sui Southern consumers. The hike will be finalized after advice from the government, says Ogra. ISLAMABAD: As citizens continue to suffer from high bills during the winter season, the … Read more
A worker filling gasoline into a vehicle at a gas station in Karachi on April 16, 2024. — PPI Officials expect a decline in POL prices in global markets. The price of kerosene is expected to fall by Re 0.11 per litre. The price of LDO is expected to fall by Re0.04 per liter. ISLAMABAD: … 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
ISLAMABAD: Petroleum Minister Musadik Masood Malik on Thursday informed the National Assembly that oil prices in Pakistan have decreased by Rs 47.54 per liter since May. Replying to various questions, the minister explained, “Pakistan purchases fuel at international market rates, but we get some discounts on the premium. » He explained: “Under an agreement, we … Read more
A worker filling gasoline into a vehicle at a gas station in Karachi on April 16, 2024. — PPI ISLAMABAD: The federal government has maintained prices of petrol and high-speed diesel (HSD) for the next fortnight, starting from November 16. “The Oil (and) Gas Regulatory Authority has fixed the prices of petroleum products for the … Read more
A large number of motorists gathered in a queue to fill up with gasoline in Karachi on Friday, July 5, 2024. — PPI The government will announce new rates on November 15. New rates will come into effect on November 16. The federal government increased prices in the previous review. KARACHI: The price of petroleum … Read more