Author: Admin

Govt Raises Petrol Price by Rs3.47, Diesel by Rs2.61 Amid Global Market Fluctuations

Admin
Petrol-Diesel

ISLAMABAD: The federal government on Wednesday announced an increase in the price of petrol by Rs3.47 per litre, bringing it to Rs256.13 per litre, and high-speed diesel (HSD) by Rs2.61 per litre, now priced at Rs260.95 per litre, for the upcoming fortnight. A press release from the Finance Division attributed the hike to fluctuations in the international oil market, though it did not address changes in kerosene and light diesel oil prices. Insiders had earlier anticipated a Rs5-6 per litre hike in petrol and marginal increases for other fuels due…

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Nepra Questions K-Electric’s Future Amid Heavy Reliance on National Grid

Admin
New-NEPRA

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) approved a Rs4.98 per unit refund for K-Electric (KE) consumers under November’s fuel cost adjustment (FCA), applicable in February bills. However, the regulator raised serious concerns over KE’s sustainability due to its dependence on the national grid for over 67% of its power supply. During a public hearing, Nepra member Maqsood Anwar questioned the relevance of KE’s generation licence if the utility continues to source the majority of its power from the National Transmission and Dispatch Company (NTDC). He suggested revoking the…

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Paid in Blood: Gaza Ceasefire Announced After 15-Month Conflict

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Paid-Blood

DOHA: Palestinians celebrated on Wednesday as a ceasefire agreement between Israel and Hamas was announced, set to take effect on Sunday. Brokered by the United States and Qatar, the deal also includes a phased hostage and prisoner exchange after 15 months of conflict. Qatar’s Prime Minister, Sheikh Mohammed bin Abdulrahman Al-Thani, confirmed the agreement, expressing hope for a permanent peace. “The two parties have reached a deal on a prisoner swap, and mediators announce a ceasefire framework,” he said. At the White House, President Joe Biden described the negotiations as…

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Pakistan, China commit to top-notch CPEC 2.0

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pakistan china

ISLAMABAD: Pakistan and China have reaffirmed their commitment to high-quality development of the China-Pakistan Economic Corri­dor (CPEC) 2.0, with emphasis on industrialisation, Spe­c­ial Economic Zones (SEZs), clean ene­rgy, agriculture and livelihood projects. This was agreed between the two sides in the 5th meeting of the CPEC Joint Working Group on Inter­nat­ional Coope­ration and Coordination (JWG-ICC) held in Beijing, the Foreign Office spokesperson said in a statement on Saturday. The meeting was co-chaired by For­eign Secretary Amna Baloch and Chi­nese Vice Foreign Minister Sun Weidong. The meeting acknowledged the pivotal role…

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Govt cuts tariff on charging stations by 45%: Awais Leghari

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awais leghari

In a bid to improve electric vehicle (EV) charging infrastructure in Pakistan, the government has decided to cut the tariff for EV charging stations by 45%, announced Federal Minister for Energy Awais Ahmad Leghari on Wednesday. “We are striving to make EVs accessible to the masses. In this regard, the Power Division has taken a significant step. “The government has decided to reduce the electricity tariff for charging stations by 45%, lowering it from Rs71.10 to Rs39.40,” said Leghari, while addressing a press conference. Leghari said that due to high…

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