Month: July 2021

Senate body discusses power theft by police, politicians

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The Senate Standing Committee on Power chairman has said that the Sindh police and politicians are involved in electricity theft and employees of power distribution companies are complicit in this activity. “Electricity theft is taking place in colonies and offices of Sindh police,” said Senator Saifullah Abro, who chaired the committee meeting. He said that in Sindh politicians were running 50 air conditioners in their homes and the employees of power distribution companies were their accomplices in the theft. The committee meeting commenced with an overview of all policies related…

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Nepra okays 21 paisa cut in Discos tariff

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The National Electric Power Regulatory Authority (Nepra) on Wednesday finalised about 21 paisa per unit reduction in electricity rates for ex-Wapda distribution companies (Discos) for a month under the monthly fuel cost adjustment (FCA). At a public hearing presided over by Nepra chairman Tauseef H. Farooqui, the regulator did not agree immediately to a Rs13.4bn worth of three year-old adjustments on the basis of which the Discos had demanded about 80 paisa per unit increase in monthly FCA. The lower fuel cost, on formal notification by the regulator, would be…

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Power sector management: Govt yet to submit alternative plan to WB

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The government is yet to submit an alternative plan for power sector management to the World Bank, the lead agency in this sector, or demonstrate the generation of an additional Rs 100 billion through enforcement measures prior to re-engaging with the International Monetary Fund for the sixth review under the $ 6 billion Extended Fund Facility (EFF). A senior member of the government’s economic team told Business Recorder on condition of anonymity that work on the power sector management plan remains incomplete and therefore it has not been submitted to…

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Shell Tameer awards 2021: Empowering youth to establish sustainable enterprises

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To promote and recognize Pakistan’s bright, young entrepreneurs, ‘Shell Tameer Awards 2021’ has been launched, opening the application process from now until August 8th. This initiative is part of Shell LiveWIRE – a global flagship programme, locally named Shell Tameer, for enterprise development, envisioned to strengthen local economies, by promoting entrepreneurship and innovation. Start-ups and innovators in their prototype stage are eligible to participate under six categories. ‘Clean Energy Solutions’ (CES) category includes disruptive technologies for access to energy, off-grid solutions, energy-efficiency etc. ‘Empowering Women’ (EW) category invites innovative tech…

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Pakistan, US pledge to work for global climate action

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Pakistan and United States of America on Monday pledged to jointly work and boost bilateral cooperation for enhanced global climate action to protect world environmental ecosystems and the life on earth they feed, said the statement. https://www.facebook.com/v2.9/plugins/quote.php?app_id=106170627023&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fx%2Fconnect%2Fxd_arbiter%2F%3Fversion%3D46%23cb%3Dfc30a4346bc8e8%26domain%3Dnation.com.pk%26origin%3Dhttps%253A%252F%252Fnation.com.pk%252Ff10e5051d37f3e4%26relation%3Dparent.parent&container_width=779&href=https%3A%2F%2Fnation.com.pk%2F27-Jul-2021%2Fpakistan-us-pledge-to-work-for-global-climate-action&locale=en_US&sdk=joey Climate Change Ministry media spokesperson Muhammad Saleem told media persons that Special Assistant to Prime Minister Imran Khan on Climate Change Malik Amin Aslam and Former presidential candidate and US Special Envoy for Climate John Kerry made such pledge during their meeting in the British capital’s Kew Gardens on the heels of the pre-COP…

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