Category: Highlights

PM seeks plan to provide relief to consumers in electricity bills within 48 hours

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Anwaarul-Haq

ISLAMABAD/ LAHORE :Caretaker Prime Minister Anwaarul Haq Kakar on Sunday instructed relevant authorities to formulate concrete measures within the next 48 hours aimed at reducing burden on the masses amid a public outcry over astronomical electricity bills. The prime minister had called an emergency meeting, which lasted for nearly two hours, in a bid to address the complaints about excessive electricity bills. During the meeting, representatives from energy and electricity-related ministries participated. A detailed briefing on electricity transmission and tariffs was provided by the power ministry.

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Iran can provide cheap gas, electricity, oil to Pakistan: envoy

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Pakistan-Iran

ISLAMABAD: Iranian Ambassador to Pakistan Reza Amiri Moghadam said on Friday that Iran could provide cheap gas, electricity and oil to Pakistan. The Iranian ambassador said this in an informal chat during a reception he hosted for the editors of Rawalpindi and Islamabad newspapers. He said that Iran floated a suggestion to start direct flights to the capitals of both countries and Pakistan had agreed to the proposal. He said that Pakistan had sought Fifth Freedom facility for PIA flights to Tehran and Iran had also sought such a facility…

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Islamabad Electric Supply Company seeks police deployment in wake of protests

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electricty

In the wake of protests, Islamabad Electric Supply Company (IESCO) has sought deployment of police force at its different offices to avoid “unpleasant” situations. In a letter to Rawalpindi’s city police officer available with Business Recorder, IESCO said that consumers are visiting different offices of IESCO in groups and mobs to protest against electricity issues. “The employees of IESCO are feeling un-rest while performing their duties. The situation is quite alarming which may lead to create law and order damaging of IESCO property/installations etc,“ the letter read. “Early action is highly…

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Massive Increase in Petroleum Prices Expected in Pakistan from September 1st

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Petroleum-prices

There might be a big rise in the cost of petrol and diesel in Pakistan due to the rupee losing its value against the US dollar. The price of petrol could go up by over Rs13 per litre in the next two weeks, and this might happen by August 31.The dollar’s value has gone up by Rs12.08 from August 16 to August 24. This means that petrol and diesel prices could increase from September 1 because of the higher dollar value. Even though the prices of oil products and crude…

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Karachi Industries Threaten Shutdown Over Electricity Tariff Hike NKATI seeks special power tariff for SMEs

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electricity price increased

KARACHI: The industrialists of the North Karachi Industrial Area, which is the largest industrial area in Sindh in terms of SMEs and the second-largest after Sialkot, have vehemently protested against the recent hike in electricity rates, demanding a reversal of the recent electricity rate hike, warned that if their demand is not met, they will initiate full-fledged protests, also shut down their industries and also surrender the keys to the government. In an appeal, Faisal Moiz Khan, President North Karachi Association of Trade & Industry (NKATI), requested to Chief of…

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