Category: Shortcode

National Electric Power Regulatory Authority (Nepra) on Monday gave its assent to increase K-Electric (KE) tariff by Rs 1.29 per unit for February 2022 under monthly Fuel Charges Adjustment (FCA) mechanism. This was the crux of the public hearing conducted by Chairman Nepra, Tauseef H Farooqi, Member Sindh, Rafique Ahmad Shaikh and Member KP, Maqsood Anwar Khan. The KE team led by Director Finance, Ayaz Jaffar presented the case. KE, in its tariff adjustment request, had sought an increase of Rs3.45 per unit for February 2022 under FCA on the…

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The world is careening toward levels of global warming that will have irreversible impacts, a new landmark report says, but we already have the solutions — the only thing preventing us from taking advantage of them is political will and status-quo interests in fossil fuels. The third and final installment of the sixth UN Intergovernmental Panel on Climate Change report, published Monday, shows how renewable energy sources like wind and solar are now economically viable and becoming cheaper by the day. But while the focus on solutions give the report…

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The energy department has finalised the Waste-to-Energy Policy 2021 as some firms have approached the provincial government for generating electricity and gas from waste in Jam Chakro, it emerged on Tuesday. Well-placed sources told Dawn that the companies had initially expressed interest to generate 150 megawatts from waste generated in the city. They said that aims and objectives of the policy were discussed and finalised at a meeting chaired by Energy Minister Imtiaz Shaikh. The managing director of the Sindh Solid Waste Management Board told the participants that there were…

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Sri Lanka’s new finance minister quit after one day in office as President Gotabaya Rajapaksa faced more calls from lawmakers to step down for mismanaging the economy, with soaring living costs triggering street protests that spiraled into a political storm. Ali Sabry, who was sworn in on Monday and replaced the younger Rajapaksa brother Basil, would have been part of a team to oversee the nation’s debt recast — key to obtaining support from the International Monetary Fund. No official reasons were immediately given for his resignation.  His departure is in…

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Pakistan Automotive Manufacturers Association (PAMA) has called out the government for demanding to rationalise car prices and said the country had a free market, and it was the market that decided prices, not the state. The auto industry is linked to the international market. The raw material and parts’ cost are very different and the government cannot fix car prices,” replied PAMA Director General Abdul Waheed Khan to a query. In a meeting of the auto industry monitoring committee last week, the government officials have again asked auto assemblers to…

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