ECC approves up to Rs2.89 per unit raise in KE tariff

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Friday approved up to Rs2.89 per unit increase in electricity tariff for Karachi with immediate effect and allowed in principle shifting of Rs74 billion cost of LNG consumed by domestic and commercial sectors in winter months to power and industrial sectors. The ECC meeting presided over by Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh also approved about a billion rupees subsidy to two fertiliser plants for three months and about Rs30bn payments to 3.72…

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PM Announces Establishment of 15 National Parks

ISLAMABAD: Prime Minister Imran Khan on Thursday announced the establishment of 15 national parks in all the federating units as part of efforts to protect nature. Launching the ‘Protected Area Initiative’ on Thursday, the prime minister said that guidelines will be given to the provinces to preserve these national parks. He said that this is a major initiative for future generations. He expressed satisfaction that all the provinces are participating in this initiative which will also provide job opportunities to the youth. The prime minister pointed out that global warming and…

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Helpline Trust seeks judicial intervention to save Karachiites from crippling power crisis

The Helpline Trust has appealed to the Chief Justice of Pakistan and the Chief Justice of Sindh High Court to take appropriate action against Karachi Electric as per NEPRA Act of 1997 and Electricity Act of 1910, and their subsequent rules and regulations, for the illegal power outages, euphemistically referred to as Load Management, which KE is subjecting its subscribers to. In a press release, the Helpline Trust says that the residents of Karachi are suffering intolerable hardships due to the continuous daily power outages/load management being undertaken by Karachi…

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Javed Ghani given additional charge of FBR chief, replaces Nausheen Amjad

The government on Saturday assigned Muhammad Javed Ghani the additional charge of the chairperson of the Federal Board of Revenue (FBR), the fourth appointment made to the position since the ruling PTI took office. He replaces Nausheen Amjad, who was appointed to head the revenue authority in April. “The federal government has been pleased to assign additional charge of the post of chairman, Federal Board of Revenue, to Mr. Muhammad Javed Ghani … for a period of three months or till the posting/appointment of a regular incumbent; whichever is earlier,”…

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