Energy Minister Awais Leghari has reiterated that there was never any intention to impose a tax on solar energy, nor will there be in the future. He also indicated that electricity prices could see further reductions and assured that even feeders prone to electricity theft would receive power during Sehri …
Read More »
Federal Finance Minister Muhammad Aurangzeb has expressed optimism that Pakistan is expected to receive $1 billion from the International Monetary Fund (IMF) under the climate fund. To discuss this initiative, an IMF delegation is scheduled to visit Pakistan on February 24. During an informal conversation with journalists in Islamabad, the …
Read More »
The Capital Development Authority (CDA) has expressed concerns over a potential water shortage in the federal capital. A meeting of the Senate Standing Committee on Housing was held under the chairmanship of Senator Nasir Butt, where the CDA briefed the committee on the water supply situation in Islamabad. Officials informed …
Read More »
The Oil and Gas Regulatory Authority (OGRA) on Saturday night has announced a reduction in POL prices for the next fortnight of February, said an official statement of the Finance Ministry. According to a statement, the new prices for the remaining two weeks of February, the POL prices have been …
Read More »
Aftab Maken The China-Pakistan Economic Corridor (CPEC) began its first phase in Pakistan with the primary objective of improving the country’s infrastructure. Alongside this, it also played a crucial role in addressing Pakistan’s energy shortages. Under CPEC, direct and indirect Chinese investments transformed Pakistan’s energy landscape, turning a deficit into …
Read More »
The National Electric Power Regulatory Authority (NEPRA) has approved a national average uniform decrease of Rs 1.23 per unit in the Fuel Charge Adjustment (FCA) for DISCOs for December 2024 and a similar Rs 1.23 per unit FCA reduction for K-Electric for November 2024. According to NEPRA’s determination, the actual …
Read More »
The government’s new Electric Vehicle (EV) Charging Stations Policy has caused confusion among investors instead of providing the intended facilitation. This issue came to light during a public hearing conducted by NEPRA regarding the establishment of EV charging stations across the country, which aimed to streamline the charging process for …
Read More »
The National Electric Power Regulatory Authority (NEPRA) has directed DISCOs and K Electric to meticulously review their records and rectify any inaccuracies in the Maximum Demand Indicator (MDI) data stored in their historical files. This directive aims to prevent overcharging of fixed fees based on erroneous MDI calculations. According to …
Read More »
The Oil and Gas Regulatory Authority (OGRA) has taken serious notice of illegal activities related to liquefied petroleum gas (LPG), including gas theft, illegal decanting, the mixing of carbon dioxide (CO2) with LPG, and violations of safety standards. In response, OGRA has deployed teams to identified locations to conduct inspections …
Read More »
The Finance Ministry with the approval of Prime Minister has announced increased POL prices for the month of February, said an official statement of the Ministry on Friday night. The statement further stated that the price of petrol has been increased Rs 1 per litter and diesel Rs 7 per …
Read More »
BeNewz