Year: 2021

National Electric Power Regulatory Authority (Nepra) has approved a refund of Rs 6.7 billion to the consumers of Discos for a period of 12 months on account of Quarterly Adjustment (QTA) pertaining to the 3rd Quarter of FY2020-21. The allowed benefit amount has an impact of around Paisa 6.7/kWh on uniform basis on all consumers except lifeline and increment industrial sales eligible for industrial support package. The Authority has decided to start implementation of decision from October 1, 2021 which will remain applicable for one year. Discos under Single Year…

The Power Division has approached National Electric Power Regulatory Authority (Nepra) for approval of a new subsidy mechanism for domestic consumers of Discos and KE, meant to bifurcate domestic consumers in more categories for higher revenue generation. The purpose of the new mechanism is to expand definition of lifeline consumers to include residential non-Time of Use (ToU) consumers having maximum of last twelve months and current month’s consumption, which implies for 100 units two rates for 50 and 100 units per month will continue. The new tariff subsidy policy is…

The Manila-based Asian Development Bank (ADB) has communicated to the Power Division in plain words that it will not extend $400 million loan for multi-billion dollars Advanced Metering of Infrastructure (AMI) project if its scope is changed and also communicated to the government to pay over $2.2 million penalty as commitment charges for not utilising the loan for the project under the existing scope, a senior official in the Ministry of Energy told The News. The Advanced Metering of Infrastructure (AMI) project was conceived and approved in 2016 by the…

KE and Karachi share a relationship that extends over a century. We are deeply enmeshed in the fabric of this city and have witnessed its growth from humble origins to today’s bustling megalopolis. Today, Karachi is responsible for 20% of Pakistan’s GDP, contributes over 55% of federal tax revenue, and handles over 95% of foreign trade through its ports. The city’s 7 industrial zones – which have been exempted from load-shed since 2010 – are responsible for almost 40% of the large-scale manufacturing employment of the country. This boom in…