Power sector to take centre stage in IMF talks

Finance Minister Shaukat Tarin said on Wednesday that power sector would be the centre of discussion with the International Monetary Fund (IMF) in the forthcoming 6th review as performance on revenue collection has been well over target. Addressing a news conference along with SAPM to Prime Minister on Food Security Jamshid Cheema and State Minister for Information Farrukh Habib, the finance minister said that the IMF had sought an increase in electricity tariff to reduce the circular debt but they were requested “to allow us to do our own way”.…

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Thar people brave ‘adverse effects’ of coal projects: report

The hardships of local communities in Thar persist due to the ongoing coal projects in the region, as Tharis continue to deal with their adverse impacts, said a research study conducted by Rural Development Policy Institute (RDPI) and launched by Alliance for Climate Justice and Clean Energy (ACJCE), a civil society group. The research titled “Coal Rush: The Impacts of Coal Power Generation on Tharis’ Land Rights” was launched in a webinar on Wednesday and attended by experts and activists. Lead author of the research, Lecturer Quaid-i-Azam University, Dr Ahsan…

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Increase in Electricity Charges

Energy costs have risen by over 50 percent in one year – from 4.2 rupees per unit in August 2020 to 6.4 rupees per unit in August 2021. The reason disturbingly is the policy dating back decades to pass on poor sector performance onto the hapless consumers for which government policy is to blame. The argument that this can be laid squarely at the doorstep of previous administrations is nullified if one considers the fact that the PTI administration has been in power for three years – a time period…

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K-Electric Sees Light At The End Of The Tunnel

Business leaders there is a non-payment you plant and machinery from for the businesses to the con- at this point of time and that’s Wednesday. During the first discuss challenges, cannot go and disconnect across the globe. “We had sumers. Covid-ig has obviously why they have been avoiding phase (2015-2020) of CPEC, power. The entity lost a few only one meeting for the plant increased it manifold. The the digital system,” he said. the as harvesting projects changing work million rupees and that is before the infection outbreak financial sector…

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Karachiites may have to pay monthly waste disposal fee soon

As if the Karachi Metropolitan Corporation’s proposal to collect two of its key taxes through monthly electricity bills was not enough to cause concern among the Karachiites, another plan has been prepared to levy a fee on the residents on account of waste disposal work, and for the purpose the billing system of the gas utility could be utilised. The proposal came under discussion at a meeting of Sindh Solid Waste Management Board (SSWMB) held on Wednesday with Local Government Minister Syed Nasir Hussain in the chair. It has been…

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