Category: Recent Post

Emirates covers customers from COVID-19 expenses, in industry-leading initiative to boost travel confidence

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Karachi / Dubai: July 24, 2020 – Emirates customers can travel with confidence, as the airline will cover medical expenses of up to EUR 150,000 and quarantine costs of EUR 100 per day for 14 days, should they be diagnosed with COVID-19 during their travel, while they are away from home. This cover is provided by the airline, free of cost to its customers. HH Sheikh Ahmed bin Saeed Al Maktoum, Emirates Group Chairman and Chief Executive said: “Under the directive of His Highness Sheikh Mohammed, UAE Vice President and Prime…

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Pakistan’s power generation doubles in June

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Power production almost doubled in June 2020 compared to March when the Covid-19 outbreak crippled economic activities and brought them to a near halt. The significant growth in power generation indicates that a majority of the factories and industries have returned to work from the four-month-long lockdown. “Power generation has…almost doubled (soared 92% in June) from the low recorded in March 2020,” Topline Securities’ analyst Sunny Kumar said in a brief report on power production in the previous fiscal year ended June 30, 2020. Power generation started to decline in…

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Dealing with the KE muddle

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The writer is a former member of the Energy Planning Commission and author of ‘Pakistan’s Energy Issues: Success and Challenges’. Karachi is passing through one of the worst power crises in its history. People are now demanding that the KE contract either be revoked or amended so as to correct the situation. In the minds of many people, KE has a long history of profit maximization at the expense of consumers. Nepra had faced difficulty with it in making it utilize its furnace oil power plants which it has used…

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NEPRA approves net relief of Rs4.5bn for consumers

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ISLAMABAD: The National Electric Power Regulatory Autho­rity (Nepra) on Thursday concluded eight months of fuel price adjustments for distribution companies of Wapda with a net relief of about Rs4.46 billion to consumers owing to relatively lower rates in international energy markets. The decision was taken at a public hearing presided over by Nepra Chairman Tauseef H Farooqi on the request of Central Power Purchasing Agency (CPPA) of the Power Division for adjustment of eight months (November 2019 to June 2020) of fuel price that had been put on hold by…

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Nepra threatens to cancel KE’s licence for ‘breach’ of contract

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has accused K-Electric (KE) of violating its contract and ignoring its responsibilities that have led to excessive power cuts this summer, and asked why its licence should not be revoked. In a show-cause notice, the regulator has asked the KE to respond within 15 days as to why action should not be taken against it under Sections 27B and 28 of the Nepra Act, rules, regulations, distribution code, tariff determination and terms and conditions of its licence for imposition of penalty for…

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