Category: Highlights

K-Electric and other power companies declared responsible for overbilling

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gross-metering

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday declared K-Electric (KE) and power companies responsible for overbilling electricity consumers, ARY News reported.As per details, the investigation of NEPRA’s inquiry committee held K-electric and DISCOs responsible for over-billing and decided to take legal action against the power distributing authorities.The investigation uncovers that monthly meter readings exceeded 30 days, leading to the issuance of average bills affecting millions of consumers. The Power distributing companies committed malpractices to conceal their wrongdoings and excessive bills were issued to people with less consumption.In…

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Pakistan and Saudi Arabia Forge Stronger Ties Through Mutual Economic Endeavors

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Pak-SA

In a significant diplomatic development, Pakistan and Saudi Arabia have taken substantial strides towards enhancing their bilateral relations through a warm and insightful meeting between Prime Minister Anwaar ul Haq Kakar, Minister for Energy Muhammad Ali, and representatives from Aljomaih Holding. The meeting, attended by Sheikh Abdulaziz Hamad Al Jomaih and Shan Abbas Ashary, delved into crucial discussions regarding potential investment opportunities in Pakistan, aimed at fostering economic cooperation between the two nations. The engagement was marked by a spirit of collaboration and brotherhood, reaffirming the enduring ties between Pakistan…

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117 countries agree to triple renewable energy, to push out fossil fuels: COP28

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Cop28-23

DUBAI: Some 117 governments pledged to triple the world’s renewable energy capacity by 2030 at the U.N.‘s COP28… DUBAI: Some 117 governments pledged to triple the world’s renewable energy capacity by 2030 at the U.N.’s COP28 climate summit on Saturday, as a route to cut the share of fossil fuels in the world’s energy production. The pledge was among a slew of COP28 announcements on Saturday aimed at decarbonizing the energy sector – source of around three-quarters of global greenhouse gas emissions – that included expanding nuclear power, cutting methane…

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A triumph for the global South

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Cop-23

THE Loss and Damage Fund (L&DF), agreed on in COP27, is considered a historic triumph for climate-vulnerable developing countries in the global South. Encouragingly, it came off as an early success and the highlight of the first day at the COP28, which is currently taking place in the UAE. It took developing countries almost three decades to convince the international community to establish the L&DF to financially support the recovery and rebuilding of developing countries stricken by climate-related disasters. While climate finance mechanisms for climate mitigation and adaptation have been…

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COP28 & Pakistan

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Pak-UAE

PAKISTAN is one of the countries most vulnerable to climate change. It has paid a massive cost over the years due to recurring climate events that not just destroy infrastructure, but also livelihoods, while having a very high human cost. The floods that ravaged the southern half of the country led to direct losses of more than $30 billion, while indirect losses that can be attributed to a disruption in the supply chain that led to spiralling inflation and loss of livelihoods would accumulate to a much higher amount. The…

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