Category: Highlights

KCCI be taken on board to finalize industrial electricity tariff on incremental consumption Gas tariff should be cost-based, cross-subsidization be discontinued: President KCCI

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KCCI-Import

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while welcoming federal government’s willingness to provide cheaper electricity to industries on incremental consumption basis for four months under winter package, urged the government to take KCCI on board for finalizing industrial tariffs based on the cost of service to tackle the issue of cross subsidy for domestic users which is eroding competitiveness of exports.While referring to discussions with Federal Secretary, Ministry of Energy (Power Division) Rashid Mehmood Langrial during his last visit to KCCI, President KCCI said…

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Anatomisation of power tariff

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power-tariff

Power Sector as a whole and specifically the electricity tariff is under discussion every day. All and sundry are challenging the validity and veracity of DISCO billing as being patently unfair. Most of the people consider that they are being unjustly penalised for the inefficiency of Discos and the non-payment culture of huge swaths of areas, where illegal abstraction of power happens too often. The experts on being asked, basically blame the tumbling PKR and the spike in international fuel prices as the culprit. A little foray into the works…

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‘Detached from reality’: anger as Rishi Sunak plans to restrict solar panels

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solar-panel

Climate campaigners dismiss government argument that controversial move will improve food security Rishi Sunak plans to restrict the installation of solar panels on swathes of British farmland, which climate campaigners say will raise bills and put the UK’s energy security at risk. Last year, then prime minister Liz Truss attempted to block solar from most of England’s farmland. The plans were deeply controversial and unpopular, and were dropped when she left office. However, solar panels in the countryside are disliked by many rural Conservative MPs, and the Observer can reveal that Sunak and environment secretary Thérèse…

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India, Saudi Arabia sign MoU for green hydrogen supply chain, power grid interconnection

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IND-SAR

New Delhi: Nearly a month after signing the energy cooperation pact which spoke about power grid interconnectivity, India and Saudi Arabia have signed a memorandum of understanding (MoU) for green hydrogen supply chain and power grid interconnection. The MoU was signed on Sunday in Riyadh, Saudi Arabia by union minister for power and new & renewable energy RK Singh and the minister of energy, Saudi Arabia, Abdulaziz bin Salman Al-Saud on the sidelines of the MENA Climate Week 2023. “This MoU aims to establish a general framework for cooperation between…

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Govt drops electricity bomb on Karachiites

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electricity-bomb

ISLAMABAD: Karachi residents will have to pay increased electricity bills as the National Electric Power Regulatory Authority (Nepra) has decided to hike the power tariff by Rs4.45 per unit for K-Electric (KE) consumers, it emerged on Friday. The decision to increase the rates of electricity, according to a  Power Division notification, was made in the first quarterly adjustment of the last financial year. Meanwhile, additional collections from the consumers of KE will be applied to the October and November 2023 bills, the notification read. Meanwhile, in response to a request by…

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