Year: 2023

Govt drops electricity bomb on Karachiites

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electricity-bomb

ISLAMABAD: Karachi residents will have to pay increased electricity bills as the National Electric Power Regulatory Authority (Nepra) has decided to hike the power tariff by Rs4.45 per unit for K-Electric (KE) consumers, it emerged on Friday. The decision to increase the rates of electricity, according to a  Power Division notification, was made in the first quarterly adjustment of the last financial year. Meanwhile, additional collections from the consumers of KE will be applied to the October and November 2023 bills, the notification read. Meanwhile, in response to a request by…

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K-Electric has its way after tribunal rules against Nepra

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ISLAMABAD: In a rare development, the National Electric Power Regulatory Authority (Nepra) had to surrender to a legal stance of K-Electric that it had rejected twice in the past involving over Rs1.44 billion financial cost to be charged to KE consumers at the rate of about 33 paise per unit. Nepra had acceded to the KE’s position following speaking orders of an appellant tribunal (AT) led by retired Justice Mujahid Mustaqeem Ahmed against the regulator’s earlier judgements of September 2021 and May 2022. This is perhaps the first publicly known…

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Solar energy should be encouraged to avoid expensive electricity

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mian-Zahid

Soft loans should be given to people for the adoption of solar energy Decisions should be made for people instead of energy traders: Mian Zahid Hussain Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that due to line losses, capacity payments, and thefts, electricity is becoming more expensive. Forcing people to avoid alternatives and use expensive electricity is a violation of their fundamental rights, so this process should be stopped, he…

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Gas tariff for fertiliser plants to be raised from Oct

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Gas-tariff

ISLAMABAD: In a bid to meet the International Monetary Fund’s (IMF) key demand of ending circular debt, the government has decided to increase the gas tariff for fertiliser plants from this month, sources told Geo News. Officials, who spoke to Geo News on the condition of anonymity, shared that the ministries of finance, petroleum, and industries have started working on increasing gas prices for fertiliser manufacturers. As per the decision, the factories will be supplied gas at the rate of Rs580 per MMBtu compared to the Rs302 per MMBtu they…

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LONGi unveils Hi-MO X6, a new brand identity for its distributed products

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Xi’an, China, October 2nd, 2023 – LONGi has announced an upgrade to the branding of its distributed products – Hi-MO X6 – highlighting its commitment to the enhancement of the user experience globally. Having undertaken a thorough analysis of customer needs and expectations, the company has long recognized the market’s requirement for the combination of quality and innovation, a need addressed by the Hi-MO 6 module, which incorporates advanced HPBC cell technology specifically designed for distributed scenarios. In order to more effectively reflect the core value of the product, its…

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