Year: 2021

Nepra okays up to Rs2.97 per unit tariff increase

Admin

ISLAMABAD: As the government conceded up to 1,500MW power cuts due to shortfall in addition to loadshedding, the power regulator on Friday approved an increase of up to Rs2.97 per unit in tariff for electricity consumers of ex-Wapda distribution companies (Discos) with effect from October 1. According to an order along with schedule of tariff (SOT) released by the National Electric Power Regulatory Authority (Nepra), the tariff increase includes a fresh surcharge of Rs1.25 per unit for all consumers, except residential consumers, and a quarterly adjustment of Rs1.72 per unit…

Read More

FPCCI Requests to PM Imran Khan to Help Resolve the Crisis

Admin

Karachi (PR): Mian Nasser Hyatt Maggo– President FPCCI – has expressed his profound concern over continuing gas crisis and incessant gas supply shortages; hampering industrial production and fulfilment of export orders. Mian Nasser Hyatt Maggo has stressed the immediate need to bring all the stakeholders and players on one page; and, he has requested Honourable PM Imran Khan to chair their meeting and help resolve theirdifferences and contradictions – once and for all. Mian Nasser Hyatt Maggohas said that FPCCI is keenly but sorrowfully observing difference of opinion among various…

Read More

Mangla non-filling may hit water supply to Punjab

Admin

LAHORE: The Mangla dam, the biggest water reservoir of the country, may not be filled this year, jeopardising 13 million acre feet (MAF) Rabi supplies to Punjab and endangering wheat crop in the province and food security of the country. The Indus River System Authority (Irsa) now seems resigned to the fact, saying: “If the country has much above normal monsoon, the Mangla Lake may touch a level of 1,210 to 1,220 feet against its optimum level of 1,242 feet.” The alarm bells started ringing when the lake, which should…

Read More

Turkey hikes electricity prices by 15%, natural gas prices by up to 20%

Admin

Turkey on Thursday hiked consumer electricity prices and residential natural gas prices, which together could put upward pressure on inflation. The country’s natural gas distributor BOTAŞ said it had raised natural gas prices for residential use by 12%, industrial use by 20% and for electricity production by 20.2%. This marked the seventh increase in natural gas prices since January, according to the tariff released by BOTAŞ. The move came shortly after the nation’s energy regulator Wednesday said it would hike consumer electricity prices as of July 1 in response to…

Read More

Hitachi ABB Power Grids is evolving to become Hitachi Energy and broadens commitment to a sustainable energy future

Admin

Hitachi ABB Power Grids today announced that it will be evolving to become Hitachi Energy from October 2021. The decision to change name has board and shareholder consent and coincides with the business’ first-year anniversary since it started operations on 1 July, 2020. Hitachi Ltd. has an 80.1 percent stake in the joint venture and ABB Ltd. holds the balance. Headquartered in Zurich, Switzerland, the global technology and market leader brings a rich heritage of pioneering breakthroughs, which have helped to increase access to safe, secure, and reliable electricity for more than one century.…

Read More