Leghari says negotiations with IMF on captive power plants could reduce electricity tariffs by 10-12 rupees/unit Blogging Sole

Leghari says negotiations with IMF on captive power plants could reduce electricity tariffs by 10-12 rupees/unit

 Blogging Sole

Federal Minister for Energy (Power Division) Awais Leghari gestures during an interview in this undated photo. — X/Government of Pakistan The government is looking at captive and bagasse power plants for cost savings. Domestic electricity rates are already reduced by Rs4 per unit. Minister criticizes K-Electric’s Rs 500 billion profit claim. ISLAMABAD: Federal Minister for … Read more

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

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

Ontario Premier Says Canada May Cut U.S. Energy Supplies in Retaliation for Trump Tariffs Blogging Sole

The premier of Canada’s most populous province threatened Wednesday to cut off energy supplies to the United States if President-elect Donald Trump implements his proposed tariffs on Canadian goods. The bold move highlights escalating tensions between the two countries as they grapple with potential trade disputes. “We’ll go all the way, depending on how far … Read more

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

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