The United States, through the U.S. Agency for International Development (USAID), today announced an additional $30 million in life-saving humanitarian assistance to support people and communities affected by severe flooding in Pakistan. Pakistan’s government has declared the floods a national emergency, with 66 districts declared to be “calamity hit.” The United States is deeply saddened by the devastating loss of life, livelihoods, and homes throughout Pakistan. In response to the Pakistani government’s request for assistance, the United States will prioritize urgently needed food support, safe water, sanitation and hygiene improvements,…
Read MoreMonth: August 2022
Opening of L/Cs: PPIB urges SBP to facilitate IPPs
Private Power & Infrastructure Board (PPIB) has urged the State Bank of Pakistan (SBP) to facilitate Independent Power Producers (IPPs) in opening Letters of Credit (L/Cs) to timely carry out periodic and breakdown maintenance of generation plants and machinery and to fulfil its contractual obligations, official sources told Business Recorder. The Independent Power Producers, i.e., M/s Attock Gen Limited, M/s Saif Power Limited, M/s Lalpir Power Limited, M/s Pakgen Power Limited, M/s Rousch Power Limited, M/s Atlas Power Limited and M/s Liberty Power Tech Ltd, have written letters to PPIB and…
Read MoreKE LODGES 10 FIRS AGAINST MISCREANTS INVOLVED IN ATTACKS ON OFFICES
K-Electric has registered at least 10 FIRs in different police stations in the last few days against people who attacked the power supplier’s offices and law enforcement authorities have also made several arrests after identifying culprits through various means, such as the CCTV footage from multiple sites of the company. Reiterating strict legal action against those intending to harm the utility and its staff, Spokesperson K-Electric said, “Attacks on KE premises and staff members are condemnable and disrupt the utility’s operations as well as the city. Furthermore, eligible customers seeking…
Read MoreSHC issues notices to Nepra, KE on plea against overbilling, FAC
The Sindh High Court (SHC) on Tuesday issued notices to the National Electric Power Regulatory Authority (Nepra), K-Electric and others on the Jamaat-e-Islami’s petition against “illegal” load-shedding, lack of power generation and collection of different taxes by KE from its consumers through the electricity bills. JI Karachi chief Hafiz Naeemur Rehman and others said KE has failed to discharge its duty for providing uninterrupted electricity to the city’s residents. They said that the right to have electricity is an essential component of the right to life enshrined in the constitution.…
Read MoreNTDC MD’s controversial stay in office: Senate panel tells PD to take action against ‘facilitators’
The Senate Standing Committee on Power has directed the Power Division to take action against officials who facilitated continuation of Manzoor Ahmed as MD, NTDC after his retirement and a summary to be sent to the Cabinet for giving charge to any other officer for six months. According to minutes of the meeting held recently, the Committee observed that the seat of DMD System Operator), NTD, Ali Zain Banatwala was in complete violation of conflict of interest and must be removed immediately; and in case Manzoor Ahmed intends to continue…
Read More