Month: March 2022

P Islamabad [Pakistan], February 28 (ANI): Pakistan’s Power Regulatory Authority on Monday said that it is likely to increase the power tariff by PKR 5.95 per unit underthe monthly fuel adjustment plan.The Central Power Purchasing Agency (CPPA) filed a petition and urged an increase of Rs 6.10 for the month of January 2022 under monthly fuel adjustment however before the hike by the power authority the data was analyzed. The National Electric Power Regulatory Authority (NEPRA) said that it reserved its judgment on a petition by CPPA and said that…

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Pakistani Prime Minister Imran Khan announced Monday that his country will import about 2 million tons of wheat from Russia and buy natural gas as well under bilateral agreements the two sides signed last week during his official trip to Moscow. Khan pressed on with his two-day visit and met with President Vladimir Putin at the Kremlin on Thursday, hours after Russian forces invaded Ukraine, with Western countries pushing to isolate the Russian leader for his actions. On Monday, the Pakistani prime minister defended his trip and responded to critics…

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WITH global gas prices soaring to new highs in the aftermath of the ongoing military conflict between Russia and Ukraine, Pakistan’s energy chaos is going to aggravate. The government is left with no choice but to either buy expensive LNG — if and when available — in order to meet the fuel requirements of the country’s power sector and industry, or reduce spot gas imports to protect its meagre foreign exchange reserves. The sole mitigating factor is the supply of seven cargoes a month by Qatar — currently at almost…

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The Government has announced a massive reduction in the Petrol Prices in Pakistan from 1 March 2022 on the directives of Prime Minister Imran Khan to provide relief to general public amid the rising inflation rate in the country. The announcement was made by Prime Minister Imran Khan during his address to the nation on Monday. According to the announcement, Petrol Price in Pakistan has been decreased by Rs. 10.00 per litre, while the Price of High-Speed Diesel (HSD) in Pakistan has also been reduced by Rs. 10 per litre. Meanwhile, the Price of Kerosene Oil has been…

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The Lahore Electric Supply Company (Lesco) has issued notices to as many as 650 people for ‘unlawfully’ constructing houses and the buildings for various uses under the high voltage lines emanating from grid stations for power distribution to consumers. The Lesco issued notices to the people in the areas of Lahore, Kasur, Sheikhupura, Nankana and Okara keeping in view various fatal/non-fatal incidents of electrocution being reported frequently. The company may also issue similar notices to hundreds of more such people in near future, Dawn has learnt. “Unfortunately, the land grabbers…

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