Author: Admin

FPCCI Voices Concern Over Impact of Rising Power TariffsHike in Electricity Costs Unbearable for Public and BusinessesEconomic Strain and Protests Intensify Across Various Sectors

Admin
power-subsidy

KARACHI: Mian Zahid Hussain, Chairman of FPCCI Advisory Board and President of the Pakistan Businessmen and Intellectuals Forum, has expressed deep concern over the recent increase in basic electricity tariffs and fixed charges, labeling them as unbearable for both the public and businesses. Hussain highlighted that the continuous rise in electricity prices is threatening livelihoods and undermining the rights of traders and industrialists. He questioned the government’s strategy for tax collection amidst a struggling economy. He warned that current policies would hinder business expansion, investment, and efforts to reduce unemployment…

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$5 Billion Investment Announced for Pakistan’s Oil and Gas SectorLocal and International Firms Brief PM Shehbaz on 3-Year Exploration Plan240 Potential Sites to be ExcavatedCommittee Led by Ishaq Dar to Formulate New Policy

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Ishaq-Dar

ISLAMABAD: Local and international firms have pledged a $5 billion investment in Pakistan’s oil and gas exploration and production (E&P) sector over the next three years. This announcement was made during a meeting chaired by Prime Minister Shehbaz Sharif at PM House on Saturday. A delegation from the oil and gas sector informed the Prime Minister that the investment will be used to explore around 240 potential reserve sites within the next three years. In response, PM Shehbaz constituted a committee led by Deputy Prime Minister Ishaq Dar. This committee,…

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Interior Minister Orders FIA to Address Overbilling of Lifeline Power UsersSwift Legal Action Demanded Against Responsible Officers and StaffImmediate Redressal for Consumers Using Up to 200 Units

Admin
free-power

LAHORE / RAWALPINDI: Responding to increasing complaints of overbilling from protected electricity consumers, Minister for Interior and Narcotics Control Mohsin Naqvi has ordered immediate legal action against the officers and staff involved in this malpractice. In a press release issued on Sunday, the minister directed all FIA directors to address the injustices faced by electricity consumers using up to 200 units. He emphasized that categorizing protected consumers as non-protected is a criminal act that will not be tolerated. Mr. Naqvi highlighted that overbilling has imposed an additional financial burden of…

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Gepco and Mepco Under Fire for Circuit Breaker Purchases from Blacklisted Firms Engineers Highlight Misconduct in Gepco and Mepco PurchasesMinistry Demands Reports from Distribution Companies

Admin
power-fleet

LAHORE: The Ministry of Energy has expressed concern over the procurement of 132kV circuit breakers worth millions of rupees by distribution companies (Discos) from blacklisted firms via local suppliers. The ministry has directed all Discos to submit detailed reports on these transactions. This directive follows formal complaints from engineering associations within Gujranwala Electric Power Company (Gepco) and Multan Electric Power Company (Mepco). The complaints highlighted significant issues with these purchases, as reported by Dawn. An anonymous official condemned Gepco and Mepco for issuing purchase orders to local firms that procure…

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