Power projects under CPEC: Contract renegotiation proposals may again be floated

CPEC-IPPs

ISLAMABAD: Pakistan is likely to again float proposals to Chinese government for renegotiation on contracts of power projects established under CPEC on the pattern of other IPPs or to purchase 1200-MW electricity from Pakistan for onward supply to power deficient Afghanistan. This idea is under active consideration at the highest level due to rising exceptional capacity payments, which has choked…

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Karachiites Likely to Face Another Massive Hike in Electricity Bills

KE

An appeal for a price hike in electricity rates in Karachi has been formally submitted, with a request for an increment of 10 rupees and 32 paise per unit. The application, directed to Nepra, encompasses three separate quarterly adjustments for the fiscal year 2022-23.In the submission presented by the government to Nepra, the initial quarterly adjustment for the period of…

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Provinces, LEAs to be taken on board: PM asks power sector to act against defaulters

Anwaarul-Haq

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar has asked the power sector to take immediate action against electricity defaulters in collaboration with the provinces and law enforcement agencies. A review meeting of the power sector was presided over by the caretaker prime minister which was attended by Federal Minister for Power, Muhammad Ali, Adviser to the Prime Minister, Ahad…

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