Month: August 2023

SC moved against PPIB (amendment) Act

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Matiari-Lahore

ISLAMABAD: The Supreme Court has been urged to declare the Private Power and Infrastructure Board (Amendment) Act, 2023, repugnant to the constitution; hence quashed as void abinitio. Saeeda Begum, on Wednesday, filed a petition under Article 184(3) of the constitution and cited the federation through the secretary Establishment, the federal government through secretary Ministry of Energy, chairman National Energy Power Regulatory Authority (Nepra), MD Private Power and Infrastructure Board, and secretary Ministry of Defence as respondents. She also prayed that the management and provision of electricity be declared the function…

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Power utilities have no role in setting prices: K-Electric

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k-electric

KARACHI: K-Electric spokesperson reiterated that the company understands the prevailing concerns regarding the rising electricity prices and shed light on the fact that power distribution companies operate in a regulated environment in the country and that electricity rates and applicable taxes are determined by NEPRA and the honourable Government of Pakistan. As such, any stipulated changes will be applicable across the board on all DISCOs (Distribution Companies), including K-Electric. Further, he mentioned that KE’s profitability or loss is not linked with an increase or decrease in electricity prices or taxes…

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Mansha Brothers holds event to showcase latest range of business communication products of NEC

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NFC-Project

Karachi Mansha Brothers, a renowned name in the technology industry, proudly announced the launch of their latest line of NEC products at a grand event held here recently at a five-star hotel. The event was marked by the presence of distinguished guests and media, insightful speeches, and a comprehensive product showcase, highlighting the brand’s commitment to pushing the boundaries of innovation and connectivity in the business communication sector. The evening commenced with an engaging guest registration process, setting the stage for an evening of technological revelations. The master of ceremonies,…

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OGDCL ACHIEVES SIGNIFICANT PRODUCTION ENHANCEMENT AT SIAB-1 WELL IN KOHAT, KPK PROVINCE

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OGDCL

ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL) on Wednesday announced a remarkable achievement in its pursuit of production optimization initiatives. The company has achieved an impressive enhancement in production at the Siab-1 well, situated within the Baratai Block in the Kohat district of Khyber Pakhtunkhwa province.Siab-1, a collaborative effort under a joint venture where OGDCL operates with a substantial 97.5% share, in partnership with the Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) holding the remaining 2.5% share, has showcased the potential of Pakistan’s energy sector.Since its inception…

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Private firms seek power distribution licences

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power-supply

ISLAMABAD: With the expiry of exclusivity of the existing distribution companies (Discos) and K-Electric, private entities have started seeking distribution licences for the supply of electricity to bulk power consumers (BPCs) at the retail stage. The exclusive distribution licences of all the public sector Discos of formerly Wapda and KE have already expired and now are operating on temporary extensions or are on the verge of expiry. Most of the Discos still want their exclusivity to remain intact while some others like KE are willing to give up exclusive jurisdiction…

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