Author: Admin

Nepra Notifies Rs3.33 Per Unit Hike for April

Admin
NEPRA-KE

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday notified an additional fuel cost charge of Rs3.33 per unit for April, allowing ex-Wapda distribution companies (Discos) to collect an additional Rs29 billion in June. This notification comes as the government acknowledges a minor impact of solar net metering on electricity sales. Nepra stated that it had reviewed and assessed a national average uniform increase of Rs3.3321/kWh in the applicable tariff for ex-Discos due to variations in fuel charges for April 2024. The total increase in the net tariff, considering…

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Hopewind Powers China’s largest standalone environmental desert control PV project

Admin
Hopewind-new

Hopewind has significantly contributed to the construction of China’s largest standalone environmental desert control photovoltaic (PV) project. Situated in the Kubuqi Desert, Mengxi Base, this 2GW project is groundbreaking in its scale and impact. Project Significance The Kubuqi Desert project is crucial for improving the ecological environment of the “Jiziwan” basin of the Yellow River and the Kubuqi Desert. It sets a valuable precedent for the application of PV sand control technology in desert areas. With an installed capacity of 2GW, the project aims to rehabilitate and control 6,667 hectares…

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Pakistan and China Sign 32 MoUs to Boost Trade and Investment

Admin
Pak-china

ISLAMABAD: In a significant move to enhance bilateral trade and investment, Pakistan and China have signed 32 memorandums of understanding (MoUs). The agreements were formalized during Prime Minister Shehbaz Sharif’s visit to China, where he led a delegation of 100 businessmen aiming to explore new avenues for economic collaboration. An official announcement from the Commerce Ministry on Wednesday highlighted that Minister for Board of Investment Aleem Khan and Minister of Commerce Jam Kamal engaged with CEOs of major Chinese enterprises. Aleem Khan emphasized that this visit presents an excellent opportunity…

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Power Consumers to Face 14% Markup on Installment Payments

Admin
Nepra-Price

ISLAMABAD: Consumers grappling with the highest-ever electricity tariffs and seeking installment plans for their hefty bills due to financial hardships are now required to pay a 14% markup on delayed payments. Additionally, they will be disqualified from availing subsequent part-payment facilities for a year. This comes on top of a 10% late payment surcharge (LPS) for bills not paid within the prescribed deadline. The National Electric Power Regulatory Authority (Nepra) has implemented these changes through an amendment to the Consumer Service Manual (CSM) following requests from the Power Division and…

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