Category: Shortcode

With a heat wave gripping Karachi and other parts of Sindh, loadshedding hours have increased manifolds in the city, causing great difficulty for its residents. Almost all areas of the city are witnessing prolonged power outages this summer. The affected areas include North Karachi, Surjani Town, Shadman Town, Buffer Zone, Nazimabad, North Nazimabad, Gulshan-e-Iqbal, Gulistan-e-Jauhar, Lyari, Saddar, Malir, Landhi, Korangi, Defense Housing Authority, Clifton, Boat Basin, Ibrahim Hyderi, II Chundrigar Road and Shah Faisal Town, where loadshedding is piling misery on the residents. Earlier in April, when there was a…

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The National Electric Power Regulatory Authority (Nepra) on Tuesday approved 57 paise per unit increase in base electricity tariff with effect from June 1 to provide Rs14.3bn additional revenue to distribution companies (Discos) of ex-Wapda in three months. The increase was allowed under quarterly tariff adjustment mechanism for first quarter (July-September 2021) of current fiscal year. Ten Discos had together demanded Rs33bn additional funds for the said quarter, but a number of regulatory meetings and public hearings found their number unbankable. Nepra twice cancelled public hearings on Jan 12 and…

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Countries should move from coal to renewable energy without shifting to gas as a “transition” fuel to save money, as high gas prices and market volatility have made the fossil fuel an expensive option, analysis has found. Natural gas has long been touted as a “transition” fuel for economies dependent on coal for their power needs, as it has lower carbon dioxide emissions than coal but requires similar centralised infrastructure, and gas-fired power stations take only a couple of years to build. Earlier this year, before Russia invaded Ukraine, the…

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The consumption of petroleum products continue unabated as the petroleum product prices remain frozen. After 23 percent in March 2022, the petroleum products sold by the oil marketing companies in April 2022 were up by 25 percent year-on-year. The growth was largely led by furnace oil that increased by over two times in April 2022 versus April 2021, while motor gasoline and high-speed diesel also witnessed double digit growth of 10 and 13percent year-on-year, respectively. The month-on-month growth of petroleum products’ consumption was also over 15 percent but was however…

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Federal Minister for Power Engineer Khurram Dastgir Khan said on Monday that electricity tariff would go up for the time being due to high international oil prices. “We are facing a critical situation and Prime Minister Shehbaz Sharif has asked to look out ways as to how a revolutionary reduction could be made to the non-development expenditures before asking the people to sacrifice”, he said while responding to a query at a press conference at the Lahore Electric Supply Company (Lesco) headquarters. Additional Secretary (Power Division), Musaddiq Ahmed Khan Tahirkheli…

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