Category: Highlights

Sindh govt set to distribute 2lac solar kits among low-income families in 30 distts: Murad ShahAgreement signed for distribution of SHS kits

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murad-ali-shah

KARACHI (Aug 3): “Sindh Chief Minister Syed Murad Ali Shah, speaking at the signing ceremony of framework agreements for solar systems, said that 200,000 Solar Home Systems (SHS) would be provided to low-income households selected through the Benazir Income Support Program (BISP) data in all districts of the province.” He said that by the end of October first batch of 50,000 SHS kits would reach Karachi for onward distribution. The ceremony was held at CM House and was attended by Minister Energy Syed Nasir Shah, PSCM Agha Wasif, Secretary Energy…

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Pakistan to Draft Dam Safety Act Inspired by Regional Legislation

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Mangi-Dam

ISLAMABAD: The Ministry of Water Resources has initiated the process of drafting a Dam Safety Act, modeled after similar laws enacted in Bangladesh and India. This update was shared with the Senate Standing Committee on Water Resources, chaired by Senator Shahadat Awan, following directives from the committee’s previous meeting. In the last meeting, the committee instructed the Ministry to create a Dam Safety Act in line with regional practices observed in India and Bangladesh. During discussions on the Right Bank Outfall Drain (RBOD) project, Minister for Water Resources, Musadik Malik,…

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NEPRA Approves Rs6.69 Billion Negative Adjustment for K-Electric for Apr-Jun 2023 Quarter

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KE’S- 7-YEAR- INVESTMENT-ROADMAP

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved a negative adjustment of Rs6.69 billion for K-Electric (KE) for the April-June 2023 quarter under the Quarterly Tariff Adjustment (QTA) mechanism. This adjustment will be incorporated into the new Multi-Year Tariff (MYT) for the period 2023-24 to FY 2029-30. The authority conducted a hearing regarding KE’s quarterly adjustment request on October 19, 2023. NEPRA stated that KE’s claim of Rs16.264 billion in write-offs requires further analysis and has thus not been included in the current adjustment. Additionally, Rs3.093 billion already…

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Deadline for July and August Bills Extended Following Overbilling Accusations Against Discos

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Your-Bill

ISLAMABAD: Amidst accusations of widespread overbilling by power distribution companies, including K-Electric, Prime Minister Shehbaz Sharif has extended the deadline for payment of July and August electricity bills by 10 days. An inquiry by the National Electric Power Regulatory Authority (Nepra) revealed that all distribution companies had been overcharging consumers from April to June 2024. In response, Nepra ordered the companies to adjust bills on a pro-rata basis and replace faulty meters. Additionally, consumers who paid inflated bills, including late payment surcharges, will receive compensation. The Ministry of Energy confirmed…

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Govt Announces Reduction in Petroleum Prices

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petrol-price

Islamabad, Pakistan – In a move to provide relief to citizens, Prime Minister Muhammad Shehbaz Sharif has approved a reduction in the prices of petroleum products, effective immediately. According to a notification issued by the Ministry of Finance, the price of diesel has been decreased by Rs 10.86 per liter, while the price of petrol has been reduced by Rs 6.17 per liter. Additionally, the price of kerosene has been slashed by Rs 6.32 per liter, and light speed diesel by Rs 5.72 per liter. This decision comes as a…

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