Category: News & Announcement

KARACHI: The use of electric vehicles will reduce fuel cost by 60 percent and it will also resolve environmental issues caused by pollution, Malik Amin Aslam, Advisor to Prime Minister for Climate Change, said on Thursday. Addressing at a press conference, Amin Aslam said that the government had approved first ever Electric Vehicle Policy and the industry would start working soon. “The owners of motor cycles, three-wheelers and buses can reduce their monthly fuel cost by 60 percent with uses of electric vehicle technology,” he said. He said that on…

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The Sindh government apart from providing support to Karachi Metropolitan Corporation to beef up its firefighting system is also ready to work with industrial zones and commercial centres in the city to enhance their safety systems so to tackle any fire or similar disaster. Sindh Local Government Minister Syed Nasir Hussain Shah stated this while speaking as the chief guest at the “9th Fire Safety & Security Convention-2019” jointly organized by the National Forum for Environment and Health (NFEH) and Fire Protection Association of Pakistan (FPAP). The Local Government minister…

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ISLAMABAD: Tarbela 4th extension hydropower project has contributed 5.6 billion units of low-cost electricity to the grid since its launch last year, World Bank (WB) President David Robert Malpass was told on Thursday. Briefing the WB president, Water and Power Development Authority (Wapda) Chairman Muzammil Hussain said as many as 378 million acre feet of water has been released from Tarbela reservoir to meet irrigation needs of the country. In addition, Tarbela 4th extension hydropower project, commissioned last year, generated 5.6 billion units – more than the generation envisaged in…

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The federal government on Thursday through a notification issued by the Ministry of Finance announced a Re1 increase in the price of petrol for the month of November. The price of petrol was increased from Rs113.24 to Rs114.24 per litre, as per the recommendations of the Oil and Gas Regulatory Authority (OGRA). High speed diesel (HSD) price was increased by Rs0.27 per litre as it went up from Rs127.14 per litre to Rs127.41 per litre. The prices of kerosene and light diesel oil (LDO) saw a reduction of Rs2.39 and…

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ISLAMABAD: In a rare move, the National Electric Power Regulatory Authority (Nepra) on Wednesday put on hold about Rs3 per unit increase in electricity tariff for consumers of ex-Wapda distribution companies (Discos) under monthly fuel adjustment for lack of evidence. At a monthly public hearing, Nepra Chairman Tauseef H. Farooqi said “it would be a burden on our conscience if we pass on to consumers the entire expensive power generated on furnace oil,” when surplus capacity on cheaper fuels was available. The regulator directed the Central Power Purchasing Agency (CPPA)…

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