Category: Highlights

KE to Restore Power Supply to Defaulters Using Up to 200 Units

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New-KE

Sindh Energy Minister Syed Nasir Hussain Shah announced on Friday that K-Electric (KE) has agreed to restore electricity supply to consumers using up to 200 units, overlooking their old dues and charging them based on new bills. This decision aims to provide relief to underprivileged consumers. Shah and Sindh lawmakers held a meeting with KE officials to discuss this initiative. The energy minister appreciated the power utility’s efforts and expressed hope that KE would improve its reputation through consumer-friendly measures. He emphasized the importance of timely bill payments by consumers.…

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Fuel Prices Expected to Drop in June

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ISLAMABAD: Fuel prices in Pakistan are expected to decrease once more, with the federal government likely to announce a reduction in petrol prices by Rs 4.50 per litre for the first half of June. The price of high-speed diesel (HSD) is also anticipated to fall by around Rs 4 per litre. The official announcement of the new prices will be made at midnight on May 31, 2024, with the new rates taking effect on June 1, 2024. This expected price drop is driven by a significant decrease in international oil…

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K-Electric Seeks Rs 10.69/unit Hike in Base Tariff for Seven Years

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NEPRA-KE

ISLAMABAD: K-Electric has submitted a petition seeking a 76% increase in its base tariff, raising it by Rs 10.69 per unit to Rs 44.69 per unit under the Multi-Year Tariff (MYT) mechanism for the period from FY 2023-24 to 2029-30. The current base tariff stands at Rs 34 per unit. The proposed adjustment includes the following components: Cost of power EPP component: Rs 18.88 per unitCost of power CPP component: Rs 12.54 per unitTransmission charges: Rs 3.48 per unitDistribution charge: Rs 3.84 per unitOperations & Maintenance (O&M): Rs 0.42 per…

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Federal Government to Enhance Security for Power Installations in KP After CM’s Threats

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power-gride

ISLAMABAD: The federal government has decided to tighten security measures for vital electricity distribution installations in Khyber Pakhtunkhwa (KP), ensuring the safety of Peshawar Electric Supply Company (Pesco) and Tribal Areas Electric Supply Company (Tesco) staff and property. This move follows threats made by the KP chief minister, which have recently gone viral. On May 15, 2024, the Power Division sent a letter to Prime Minister Shehbaz Sharif, reporting that the KP chief minister had summoned the CEO of Pesco and issued threats if load shedding was not ended or…

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OIL AND GAS REGULATORY AUTHORITY

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OGRA-GAS

Islamabad, May 24, 2024: The Oil and Gas Regulatory Authority (OGRA), in accordance with the Policy Guidelines of the Federal Government, has determined the Re- gasified Liquefied Natural Gas (RLNG) prices effective May 01, 2024, as under 2.  The RLNG price Notification for the month of May 2024 is readily available at OGRA website www.ogra.org.pk. 3.   The increase in RLNG prices is mainly due to increase in DES price.

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