Power Division Plans to Cut Average Electricity Tariff to Rs28.99/kWh, Phase Out TDS

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ISLAMABAD: The Power Division is working on a plan to reduce the national average electricity tariff to Rs28.99 per kilowatt-hour (kWh) and eliminate the Tariff Differential Subsidy (TDS) by late June 2027, well-informed sources told Business Recorder. For calendar year 2026, the National Electric Power Regulatory Authority (NEPRA) has already set the average national tariff at Rs31.59 per kWh, down from Rs32.73 per kWh in 2024-25. The proposed reduction aims to further ease consumer burden while improving sector sustainability. The Power Division is expected to brief the visiting International Monetary…

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PMLTC Seeks Rs60.75bn Overdue Payments from CPPA-G, NGC Under TSA

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ISLAMABAD: The Pak-Matiari Lahore Transmission Company (PMLTC) has formally requested the clearance of overdue payments amounting to Rs60.752 billion from the Central Power Purchasing Agency-G (CPPA-G) and the National Grid Company (NGC) under the Transmission Services Agreement (TSA). In a letter addressed to the Managing Director of NGC, PMLTC Chairman and CEO Xiong Feng referred to the legally binding TSA signed on May 14, 2018. Citing Section 9.5 of the agreement, he emphasised that the purchaser is required to settle invoiced amounts within 30 days of receipt. According to PMLTC,…

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PAA Suspends Key Karachi, Lahore Air Routes Amid Middle East Crisis

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ISLAMABAD/KARACHI: The Pakistan Airports Authority (PAA) has announced the temporary suspension of selected commercial air routes within the Karachi and Lahore Flight Information Regions (FIRs) during specified hours, citing the deteriorating security situation in the Middle East. According to a Notice to Airmen (NOTAM) issued on Monday, designated air routes within the Karachi and Lahore FIRs will remain closed daily from 9:00am to 3:00pm from March 3 to March 31. During these hours, the affected airspace will not be available for commercial flight operations. The move comes amid escalating tensions…

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Operation Ghazab Lil Haq to Continue Until Kabul Ends Support for Militants: Official

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ISLAMABAD: A senior Pakistani security official on Monday said that “Operation Ghazab Lil Haq” would continue until the Afghan Taliban government provides verifiable guarantees that it will stop facilitating militant groups targeting Pakistan. According to the official, the operation will persist until Kabul halts support for what he described as “Fitna al-Khwarij” and “Fitna al-Hindustan,” alleging that these groups are operating from Afghan soil against Pakistan. The operation was launched late Thursday following renewed clashes along the Pakistan-Afghanistan border, after Afghan Taliban forces reportedly opened fire on multiple Pakistani positions.…

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War Escalates as Israel, US Strike Iran; Regional Tensions Spread Across Middle East

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The Middle East conflict has sharply intensified, with Israel and the United States launching strikes against targets in Iran, triggering a widening security crisis across the region and raising concerns over energy security and global stability. Israeli Strikes and Lebanon Evacuation Orders The Israeli military has expanded its operations, issuing fresh evacuation warnings across Lebanon. According to the Israel Defense Forces (IDF), residents in nearly 50 locations were urged to leave immediately, particularly in southern Beirut neighbourhoods Ghobeiry and Haret Hreik. In a statement posted on Telegram by IDF Arabic-language…

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