ISLAMABAD: The Central Power Purchasing Agency (CPPA) is seeking an additional Fuel Cost Adjustment (FCA) of Rs3.49 per unit in June’s bills, admitting that “consumers don’t want electricity from the system” as evidenced by a 14-17% drop in consumption in April.
Read MoreMonth: May 2024
KE Overbilled Sindh Government by Over Rs20 Billion in Last Decade: Minister
KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah revealed on Wednesday that K-Electric (KE) has overcharged the Sindh government by more than Rs20 billion for electricity supply to its departments over the past decade. In a meeting with energy reporters, Minister Shah disclosed that the provincial government will soon settle Rs9 billion in outstanding dues with KE. An audit conducted this year uncovered over Rs2 billion in overbilling by the power utility, and reconciliation efforts have saved Rs2-3 billion over the past four to five years. Minister Shah accused K-Electric…
Read MoreOCAC Urges Karachi Authorities to Repair Keamari Oil Installation Area Before Monsoon
KARACHI: The Oil Companies Advisory Council (OCAC) has raised serious concerns about the deteriorating condition of the Keamari Oil Installation Area (KOIA) ahead of the predicted heavy monsoon rains. In a letter addressed to the chairperson of the Karachi Port Trust (KPT) and Karachi’s mayor, the OCAC highlighted the urgent need for infrastructure repairs to prevent potential disruptions in the oil supply chain. Despite repeated requests, no significant action has been taken to address the challenging conditions in the KOIA. The Pakistan Meteorological Department (PMD) has forecasted a more than…
Read MoreMaritime Milestone for Pakistan as Largest Container Vessel Docks at KPT
KARACHI: In a historic event, the MSC Anna, the largest container vessel ever to dock in Pakistan, arrived at South Asia Pakistan Terminals (SAPT) on Wednesday. The vessel, with an impressive overall length of 400 meters and a capacity of 19,368 TEUs, marks a significant milestone in Pakistan’s maritime history, announced by Karachi Port Trust (KPT). The docking of MSC Anna at SAPT was overseen by Rear Admiral Rizwan Ahmed, General Manager of Operations. Hutchison Ports Pakistan, which operates the terminal, celebrated the arrival of MSC Anna, emphasizing the terminal’s…
Read MoreNEPRA Names K-Electric Top Performer in Electricity Provision
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has recognized K-Electric as the top performer in its “HSE Performance Evaluation Report 2024.” This annual assessment evaluates health, safety, and environmental (HSE) standards within the electricity sector, ensuring adherence to strict safety protocols and continuous improvements. K-Electric has shown significant advancements across all areas, from power generation to distribution, consistently meeting NEPRA’s rigorous HSE benchmarks. The report highlights K-Electric’s impressive performance, awarding it the highest consumer satisfaction rating for electricity provision. Faisalabad Electric Supply Company (FESCO) follows in second place, with…
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