Pakistani, Kyrgyz, Tajik Energy Ministers meet in Dubai to review progress on CASA-1000 project

Energy-Ministers

On the sidelines of the COP 28 Climate Conference in Dubai, the Ministers of Energy of the Kyrgyz Republic, the Islamic Republic of Pakistan, and Republic of Tajikistan met to review progress of the $1.2 billion CASA-1000 Regional Power Transmission and Trade Project. The works in Pakistan, Kyrgyz Republic and Tajikistan sides went well and they demonstrate their collective support…

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Nepra approves over Rs3 per unit hike in electricity price

NEPRAs-Regulatory

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Tuesday approved a Rs3.07 per unit increase in electricity prices, applicable to all power distribution companies. In a notification, the regulator said: “The […] adjustment shall be shown separately in the consumers’ bills on the basis of units billed to the consumers in the month of October 2023 in the billing month…

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Capacity chargesstand at massive Rs2.3tr

Chinese-power

ISLAMABAD: Pakistan’s crippling power sector is faced with persistent difficulties on account of capacity charges of Rs2.3 trillion, increased reliance on foreign-funded and uncompetitive imported fuel, and inflated billings of Rs100 billion from voiceless consumers. “The capacity charges of Rs2.3 trillion, mainly because of the depreciated exchange rate, have become one of the major problems, and the solution lies in…

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Ceasing operations in Pakistan: Engro Corporation rejects ‘false’ assertion

624387-engro-1383074199

Engro Corporation Limited, one of Pakistan’s largest conglomerates, on Monday rejected ‘false information’ suggesting that the company is considering closing its operations in the country. “In response to recent false information circulating on social media regarding Engro ceasing its operations in Pakistan, we wish to clarify that the same lacks any factual basis, is unfounded and we outrightly reject the…

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NEPRA report exposes overbilling scandal

NEPRAs-Regulatory

Discos, KE fleeced consumers, says power regulator ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has exposed the “controversial power theft drive” of the power distribution companies (Discos), defrauding millions of consumers of billions of rupees through excessive billing by engaging in malpractices. In an inquiry report released on Monday, the power regulator regretted that the distribution companies were intentionally…

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GLOBAL100RE Declaration 

Renewable-Energy

For Effective Climate Crisis Mitigation: The World Needs 100% Renewable Energy As Soon As PossibleBuilt from Bottom-Up During the United Nations Climate Ambition Summit, climate leaders emphasised that the climate crisis results primarily from the world’s addiction to fossil fuels. While the impacts of the climate crisis intensify all over the world, disproportionately affecting those that have contributed the least, it…

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