Islamabad: The National Assembly’s finance committee, chaired by Speaker Sardar Ayaz Sadiq, has approved an increase in Members of the National Assembly (MNAs) salaries, effective January 1, 2025. The decision, signed by the speaker after approval from the prime minister, marks the first salary hike in nine years. Under the revised structure, MNAs will now receive a monthly salary of Rs519,000, aligning their pay with that of a federal secretary. However, the salaries of the Speaker and Deputy Speaker will remain unchanged
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Nepra Takes Suo Motu Notice of PPIB’s $300/MW Tariff Approval
Islamabad: The National Electric Power Regulatory Authority (Nepra) has taken suo motu notice of the Private Power Infrastructure Board’s (PPIB) decision to impose charges of up to $300 per megawatt (MW) on electricity consumers for its project facilitation services in power generation, transmission, and distribution. Nepra has scheduled a public hearing on February 13, 2025, to assess the legality and impact of these charges. PPIB seeks to collect a $250–300 per MW annual fee on 19,677MW of installed electricity capacity from projects it has processed and facilitated. The government, which…
Read MoreLPG Price Increased by Rs3.68 Per Kg, Effective February 1
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has raised the price of liquefied petroleum gas (LPG) by Rs3.68 per kilogram, effective February 1, 2025. According to an OGRA notification, the new LPG price is set at Rs253.97 per kg, bringing the cost of an 11.8 kg domestic cylinder to Rs2,997—an increase of Rs43.52 per cylinder (1.47%). The LPG price adjustment is linked to Saudi Aramco’s Contract Price (CP) and the US dollar exchange rate. Compared to the previous month, Saudi Aramco-CP increased by 1.6%, while the average dollar exchange…
Read MoreCM Maryam Nawaz Launches Lahore’s First Electric Bus Service
LAHORE: Punjab Chief Minister Maryam Nawaz formally inaugurated Lahore’s first electric bus service on Friday, marking a significant step towards sustainable urban transport. During the launch, Transport Minister Bilal Akbar briefed the CM on the pilot project, highlighting the modern features of the electric buses, including GPS tracking, Wi-Fi, USB ports, and an anti-slip floor for passenger safety. Each bus has a 30-seat capacity, accommodating up to 80 passengers at a time, with designated spaces and ramps for differently-abled commuters. Key Features of Lahore’s E-Bus ServiceRange: Each bus can travel…
Read MorePetrol Sees Re1 Hike, High-Speed Diesel Jumps by Rs7 in Latest Price Revision
The government has slightly increased the price of petrol by Re1 per litre and high-speed diesel (HSD) by Rs7 per litre for the next fortnight, according to a press release issued by the Finance Division on Friday. The revision follows an assessment by the Oil and Gas Regulatory Authority (Ogra) in response to fluctuations in the international oil market. With the new adjustment, the price of petrol now stands at Rs257.13 per litre, while HSD is priced at Rs267.95 per litre. No changes were mentioned for light diesel oil and…
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