Author: Admin

Power Tariff to Rise by 26 Paise Per Unit in December: Nepra

Admin
Power Division

ISLAMABAD – The National Electric Power Regulatory Authority (Nepra) announced on Tuesday that the negative fuel cost adjustment (FCA) requested by ex-Wapda distribution companies (Discos) would result in an effective tariff increase of 26 paise per unit in December. During a public hearing, Nepra revealed that while the Central Power Purchasing Agency (CPPA) proposed a reduction of Rs1.02 per unit for October’s FCA, the expiration of the current Rs1.28 per unit negative FCA in November would lead to the effective increase. Key Insights: Power Supply & Costs: October’s power supply…

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Celebrate Eid Al Etihad 53 in Dubai with Spectacular Experiences

Admin
Eid-Al-Etihad

Dubai, UAE – Dubai is set to dazzle this Eid Al Etihad 53 with an exciting lineup of experiences, ensuring an unforgettable long weekend from November 28 to December 3. Visitors and residents can immerse themselves in the festive spirit with: Breathtaking Fireworks: Witness stunning displays illuminating Dubai’s skies on December 1, 2, and 3 across iconic city locations.Vibrant Cultural Shows: City Walk will host over 200 performers, including flag bearers, acrobats, and traditional bands, delivering a unique cultural extravaganza.Live Music Extravaganzas: Enjoy Jalsat Moments featuring Arabic singers at Coca-Cola…

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Fuel shortage looms over Lahore, Islamabad & Pindicc

Admin
fuel

ISLAMABAD: A potential fuel shortage looms over Lahore, Islamabad, and Rawalpindi as restrictions on city access are hindering the transportation of fuel tankers. Oil Contractors Association said that when contacted with the Oil and Gas Regulatory Authority (OGRA), the authority also expressed concern over the situation, warning that it could lead to disruptions in the supply of petroleum products. Oil transporters said that OGRA is actively working with local authorities to address the issue and ensure a smooth supply of fuel. However, the organisation has urged the public to support…

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120MW solar project: KE receives lowest bid from KAPCO

Admin
soalr energy

Power utility K-Electric (KE) received the lowest tariff bid from Kot Addu Power Company Limited (KAPCO) for its 120-megawatt (MW) solar project in Karachi. KAPCO shared the development in a notice to the Pakistan Stock Exchange (PSX) on Tuesday. “We are pleased to inform you that the company’s bid for the proposed K-Electric solar project to be set-up at Deh Halkani, District West, Karachi, for 120MW is the lowest bid at the proposed bid tariff of 9.8319 PKR/kWh (3.4061 cents/kWh at the reference exchange rate for USD/PKR 288.65),” read the…

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Oil prices rise as investors weigh OPEC+ discussions, Trump tariffs

Admin
oil price

HOUSTON: Oil prices rose on Tuesday as investors eyed OPEC+ discussions on output and weighed the potential impact of U.S. President-elect Donald Trump’s planned trade tariffs on Mexico and Canada. Brent crude futures were up 66 cents, or 0.9%, at $73.67 a barrel as of 10:35 a.m. ET (1535 GMT). U.S. West Texas Intermediate crude futures were at $69.60 a barrel, up 66 cents, or 0.96%. Both benchmarks briefly jumped more than $1 per barrel during the session. “We popped and dropped around the time news came out of the…

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