Sindh govt decides to lay railway track for transportation of Thar coal

coal-railway

KARACHI: The provincial government on Tuesday decided to lay railway track from Thar coalfields to main railway line for supplying coal to other power plants and factories. The decision to this effect was taken at the 25th meeting of the Thar Coal Energy Board (TCEB) held under the chairmanship of Chief Minister Syed Murad Ali Shah. The meeting was held at the CM House and attended by Federal Planning Minister Ahsan Iqbal (through video link), Energy Minister Imtiaz Sheikh, Minister of Mines & Mineral Shabbir Bijarani, Minister Education Sardar Shah,…

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Massive Hike is the Worst Anti-Business MeasurePresident FPCCI

fpcci

Karachi Echoing the collective concerns of the business, industry and trade community of Pakistan, Mr. Irfan Iqbal Sheikh, President FPCCI, has termed the latest PKR. 7.5 / kWh hike in the electricity tariff as anti-business. We have already become uncompetitive vis-à-vis regional and sub-regional countries; due to the grossly-unfavorable cost of doing business environment in the country and there is no way we can absorb the added burden, he added. Irfan Iqbal Sheikh explained that businesses were already paying close to PKR. 60 / kWh – when accounted for all…

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Hike of up to Rs7.5/unit in base tariff notified after Nepra decision

Nepra-tariff

ISLAMABAD: The federal government Tuesday night notified an increase in the base tariff by Rs3-7.50 per unit of electricity for the FY2023-24. The National Electric Power Regulatory Authority (Nepra) uploaded the much-awaited decision on an increase in the base tariff after hearing a motion submitted by the government seeking an average uniform tariff for every category of consumers across the country, including the K-Electric consumers. The power regulator held the hearing on Monday. The increase has been notified under the $3 billion SBA IMF loan programme. The government, after extending…

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