ISLAMABAD: K-Electric (KE) has requested an additional fuel cost adjustment (FCA) of 51 paisa per unit for August, aiming to collect around Rs853 million from its consumers in the October billing cycle. This contrasts with public sector distribution companies (Discos), which have proposed a 57-paisa per unit refund for the same period. This demand follows KE’s earlier request for a Rs3.1 per unit FCA for July, seeking to raise Rs6.2 billion. The National Electric Power Regulatory Authority (Nepra) held a public hearing on August 29 regarding the July FCA but…
Read MoreMonth: September 2024
Major Cut in Electricity Prices Unlikely Anytime Soon: Leghari
ISLAMABAD: Power Minister Awais Leghari on Friday signaled ongoing negotiations with independent power producers (IPPs), stating that the nation would soon hear positive developments regarding efforts to gradually reduce electricity prices. However, he cautioned that significant relief should not be expected immediately. Testifying before the Senate Standing Committee on Power, Leghari explained that the task force he leads, established by the prime minister, had completed a review of the power sector. “People will soon receive good news about the IPPs,” he said, promising to update the panel on further details…
Read MoreMinister Petroleum joined Silk route expo & Conference in china
Dr. Musadik Malik, Federal Minister for Petroleum of Pakistan addresses China (Shaanxi)-Pakistan Conference for Economic and Trade Cooperation on the sidelines of 8th Silk Road International Expo at Xi’an Shaanxi Province, China , today . In his opening remarks , the minister thanked the Government of China and the Provincial Government of Shaanxi for partnering and organizing the conference on the sidelines of 8th Silk Road International Expo . He also thanked the Shaanxi Government for inviting Pakistan as the Guest Country of Honor and for the facilitation in setting…
Read MoreRevolutionising Solarization
Solar Technology Future in Next 20 Years: A Perspective About Pakistan Govt must continue to incentivize solar energy adoption through subsidies, tax incentives, and favorable tariff structures; solar power will become increasingly accessible to households, businesses, and industries across country By Mustafa Tahir As the world grapples with the challenges of climate change, energy security, and sustainable development, solar technology is emerging as a beacon of hope. Over the next 20 years, solar energy is poised to revolutionize the global energy landscape, with Pakistan uniquely positioned to harness its potential.…
Read MoreSEPRA to ensure most affordable power rates
Provincial Energy Minister Nasir Shah in interview assures to reduce operational costs, minimize losses, improve recoveries, and reduce electricity theft in Sindh and its capital Karachi; says STDC will work closely with SEPRA for effective transmission of clean energy Energy Update magazine conducted an Interview with Sindh Energy Minister Syed Nasir Hussain Shah. Some excerpts of the interview are: Nasir Shah said that by enacting the Sindh Regulation of Electric Power Services Act 2023, we aimed to establish regulatory control within our territory, enabling Sindh to fully capitalize on its…
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