Month: July 2023

Rs15 radio fee may be added to electricity bills

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power-subsidy

Power consumers already paying Rs35 as TV fee will now be charged Rs50 ISLAMABAD: Amidst the ever-increasing inflation and soaring power and gas rates, the government has decided to impose an additional burden on the masses by levying an extra Rs15 as a radio fee on their monthly electricity bills. The revelation came to light during a meeting of the Senate Standing Committee on Finance and Revenue, chaired by Senator Saleem Mandviwalla at the Parliament House on Thursday. Officials from the Ministry of Finance disclosed that the federal government aims…

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KE granted provisional license extension

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KE’S- 7-YEAR- INVESTMENT-ROADMAP

Nepra grants six-month provisional extension subject to conditions ISLAMABAD: In a significant move, the National Electric Power Regulatory Authority (Nepra) has granted a six-month extension to K-Electric Limited (KE) for its distribution license on a provisional basis. This step has been taken to guarantee uninterrupted power supply to Karachi, one of Pakistan’s largest and most populous cities. KE submitted an application for the renewal/extension of its Distribution License on December 1, 2022. The power regulator had previously granted KE the exclusive Distribution License, empowering the utility to provide distribution services,…

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Mandatory cybersecurity audits for telecom, power sector

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Mandatory-cybersecurity

KARACHI: In a crucial move towards enhancing cybersecurity and protecting national data from potential theft, the Pakistan Telecommunication Authority (PTA) has authorised 22 companies to conduct mandatory cybersecurity audits for telecom and power companies, according to Malahat Obaid, Director of Public Relations at PTA. Emphasising the significance of indigenisation, PTA Director General of Cyber Vigilance, Dr Muhammad Mukaram Khan, said that “Cybersecurity is something that cannot be outsourced” while speaking at the fifteenth international conference on Information Security 2023. PTA has introduced a comprehensive audit regime, making it mandatory for…

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HSD price cut: Ogra says has no mandate to review or amend govt policy

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govt-policy

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil Marketing Companies (OMCs) to approach/submit their proposals in writing in case of any grievances which might have impacted them rather to practice other unscrupulous tools through media to malign the organisation, which is totally unacceptable and against the official business norms. “The regulator does not have any mandate to review or amend the policy guidelines issued by the federal government,” the regulator says. The regulator totally rejected the one-sided statements published on…

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Petroleum Dealers Association announced a nationwide strike on July 22

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petrol

The Petroleum Dealers Association (PDA) has announced a nationwide strike this week in support of their demands. The association is demanding a 5% increase in the profit margin or commission per liter from the government. According to the Chairman of PDA, Abdul Sami Khan, they have already requested the government to increase the profit margin by 5%. The association’s stance is that the lower profit margins have caused losses for the lower-volume petrol pumps, leading some of them to close down. Currently, the government is offering us a profit margin…

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