ISLAMABAD: The power sector regulator, National Electric Power Regulatory Authority (Nepra) has expressed total dissatisfaction over the performance of Lahore Electric Company Limited (Lesco) and stated that its losses are significantly higher against the allowed losses by Nepra. During a public hearing on a petition filed by the Lesco for allowing multi-years’ tariff from the fiscal year 2023-24 to 2027-28…
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August 9, 2023: Subsequent to completion of restoration works in the tail race tunnel, Neelum Jhelum Hydropower Project has resumed electricity generation. Federal Minister for Water Resources Syed Khursheed Ahmed Shah visited Neelum Jhelum Hydropower Project and resumed the electricity generation by pressing the button. He also unveiled a plaque to mark resumption of electricity generation from the project. At…
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World leaders gathering in Dubai for COP-28 this year to fully support Pakistan due to its serious climate risk: UAE Consul General Karachi: The concerned world community assembling at the United Nations Climate Change Conference-2023 (COP-28) to be held in Dubai later this year is sure to provide special financial assistance to Pakistan keeping in view its serious vulnerability due…
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ISLAMABAD: The pledge for the Cabinet to approve an updated Circular Debt Management Plan (CDMP) by end-July 2023 as stipulated in the Memorandum of Economic and Financial Policies section of the Stand-by Arrangement (SBA) documents uploaded on the International Monetary Fund website on 12 July 2023 has yet to be met. The updated CDMP envisaged clearance of circular debt stock…
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