Author: Admin

Water supply suspension halts SITE industries, threatens economy

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site-association

Karachi: Industrial activity in the SITE area of Karachi has come to a complete halt since Friday evening due to the suspension of water supply, raising serious concerns about the impact on the national economy, SITE Association of Industry President Ahmed Azeem Alvi said on Saturday. In a statement, Mr Alvi warned that the shutdown of Karachi’s industries — the country’s largest revenue-generating sector — could cause severe and irreparable damage not only to Sindh but to Pakistan’s overall economy. “It is deeply alarming that industries considered the backbone of…

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Industry Gets Tariff Relief as Government Shifts Power Cost Burden to Households

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Power-Tariff

ISLAMABAD: The federal government has proposed imposing a fixed monthly electricity charge ranging from Rs200 to Rs675 on more than 28.5 million residential consumers to generate around Rs125 billion, aimed at funding a Rs4.04 per unit relief package for industrial users. The revised Schedule of Tariff (SoT) was submitted to the National Electric Power Regulatory Authority (Nepra) on Friday and put on notice for a public hearing for immediate implementation within the current month. Officials said the hearing was a procedural requirement, as the government’s policy guidelines are binding on…

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Nepra Fines National Grid Company Rs10m for Non-Compliance on Power Planning Data

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NEPRA-Office

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has imposed a Rs10 million penalty on the National Grid Company (NGC), formerly the National Transmission and Despatch Company (NTDC), for failing to provide critical data related to the Integrated System Plan (ISP) 2024–34 despite repeated regulatory directives. In a detailed order issued on Friday, Nepra stated that NGC did not fulfill its regulatory obligations and failed to adequately respond to a show-cause notice. The regulator noted that during public hearings on the Indicative Generation Capacity Expansion Plan (IGCEP) 2024, NGC was…

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Murad Ali Shah inaugurates ‘My Karachi – Oasis of Harmony,’ symbolising business confidence, cultural harmony, shared progress.

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New-Project54

• Traffic flow improves following the introduction of e-challans.• Gul Plaza affectees are being rehabilitated. KARACHI (Feb 6): Sindh Chief Minister Syed Murad Ali Shah, while addressing the inauguration ceremony of the 21st “My Karachi – Oasis of Harmony” International Exhibition at the Karachi Expo Centre, highlighted ongoing development initiatives in the city which include funding for industrial estates since 2017, major drainage and road improvement projects exceeding Rs13 billion, and several city projects worth over Rs1 billion each town. He noted improvements in traffic flow due to the introduction…

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