Category: News & Announcement

Year 2019 ended with some pain and gain. The government of Pakistan Tehreek-e-Insaf (PTI) may term it a year of success but it also added to the misery of the common man. A jolt to consumers came when the government agreed to increase energy prices under a $6-billion loan package secured from the International Monetary Fund (IMF). However, there had been no abnormal increase in international crude oil prices, which went up from $54 to $64 per barrel during the year. But at the same time, the rupee depreciated massively…

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has allowed K-Electric a hefty increase of around Rs4.8 per unit in power tariff on account of quarterly tariff adjustment as consumers and the government will be paying extra Rs106 billion. In a statement issued on Tuesday, Nepra said the authority, based on the information, data and record provided by K-Electric, approved the quarterly adjustment claims of the power utility for the period Jul-Sept 2016 to Jan-Mar 2019. With the tariff revision, K-Electric will receive Rs106 billion from the consumers and the government,…

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ISLAMABAD: The government on Tuesday increased fuel prices for January, raising the petrol price to Rs116.60 per litre with the increase of Rs2.61, while app­roving the recommendations made by the Oil and Gas Regulatory Authority (Ogra). A notification issued by the finance ministry says that the new rate for the most widely used fuel consumed in large vehicle engines and generators — High Speed Diesel (HSD) — has been raised by Rs2.25 to Rs127.26 per litre. An official of the state-owned oil company PSO said that January was not the…

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They all talk about wind power. There is no doubt that renewables including wind are imperative as part of the energy mix. It is environmental friendly and there is no variable cost of fuel. However, having wind power without planning of demand and evacuation capacity could have its repercussions. Pakistan is in its nascent stage of using wind power. The country is doing experiments. It is important to learn from mistakes. Here effective cost of wind plants to the consumers is computed to evaluate the merits without having necessary infrastructure.…

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The Karachi electricity consumers will finally be waking up to the reality of the thing called monthly ‘fuel charges adjustment’. Nepra, the other day announced the schedule for collecting FCA from K-Electric consumers for three years starting from July 2016 to June 2019. The said collection has been broken in parts so as to lessen the burden at once – and will be collected over next nine months starting January 2020. So the FCA averages Rs1.32 per month to be collected over nine months. The average comes down to Rs0.33…

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