Category: Shortcode

Plan Underway to Reduce Electricity Tariff by Rs. 12 by March 2025

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Power-Plants

The federal government is set to negotiate with private Independent Power Producers (IPPs), state-owned power plants, and solar and hydropower projects to reduce electricity tariffs by up to Rs. 12 per unit by March 2025. According to sources, negotiations aimed at lowering electricity costs are ongoing and are expected to be completed within the next six months. Talks involve all major power producers, including IPPs and state-run plants. If successful, the tariff reduction is estimated to range between Rs. 7 to Rs. 12 per unit. The deadline for completing the…

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K-Electric Ensures Uninterrupted Power Supply to 70% of Network

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circular-debt-K-electric-ceo

K-Electric (KE) has announced that 70% of its 2,100 feeders remain exempt from loadshedding following its quarterly review. The updated loadshedding schedule is now accessible on the KE website and is effective immediately. The remaining 30% of feeders experience loadshedding durations ranging from 6 to 10 hours. Customers can stay updated through the KE Live App and KE’s WhatsApp service. Timely bill payments and reductions in electricity theft have improved power supply in many areas, with some, including Orangi Sector 14-A to 14-F and Shamsi Colony, achieving full exemption from…

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PM Directs Power Division to Review Base Load Needs and Accelerate Reforms

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power-energy

ISLAMABAD: Prime Minister Shehbaz Sharif has instructed the Power Division to conduct a thorough review of base load power requirements and analyze the costs of retiring low-efficiency power plants versus transitioning to solar and renewable energy solutions. These directives were issued during a high-level meeting discussing the Integrated Generation Capacity Expansion Plan (IGCEP), solar power projects, floating solar initiatives, Saudi Arabia’s ACWA Power projects, and the decommissioning of generation companies (Gencos). The prime minister emphasized the need for weekly updates from Minister for Power Awais Leghari on electricity off-take under…

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Cabinet Advocates Uniform Gas Prices to Stabilize Fertiliser Market

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oil price

ISLAMABAD: The federal cabinet has proposed introducing uniform gas prices for fertiliser manufacturers to eliminate alleged favoritism and market distortions. The move aims to ensure a level playing field as discrepancies in current gas tariffs have led to uneven profit margins among manufacturers. At present, some urea manufacturers pay lower gas tariffs while others incur higher costs. Despite this, all companies sell fertilisers at uniform prices to farmers, allowing those with lower tariffs to generate higher profits. During a recent cabinet meeting, members emphasized the need for equitable gas tariffs…

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SSGC Ensures Uninterrupted Gas Supply in Franchise Areas Amid Challenges

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SSGC

KARACHI: Despite a significant reduction in indigenous gas supplies, the Sui Southern Gas Company (SSGC) claims there is no gas load-shedding in its franchise areas, particularly for domestic consumers, according to a press release issued on Sunday. The company highlighted a 40% decline in gas supplies since the 2017-18 fiscal year, with a cumulative depletion of 465 mmcfd over the past seven years. Under the Economic Coordination Committee’s (ECC) approved load management plan, domestic, commercial, and general industrial sectors remain the top priority for gas allocation. While no formal load-shedding…

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