Category: Uncategorized

Pakistan seeks Swedish, EU Green fund assistance for EV conversion

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fund

Minister for Power Awais Ahmed Khan Leghari has invited Sweden Green Fund to assist Pakistan’s small vehicles conversion into electric technology by providing technical and financial assistance. The Minister put the proposal in a meeting with Swedish Ambassador Alexandra Berg Von Linde, who called on him in Islamabad today. Elaborating about the proposal for conversion of existing fossil fuel vehicles specially motorcycles, the Minister said that currently there are over 30 million motorcycles in Pakistan. He said the people in that income group are very good in retiring loans. He…

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Rawalpindi: SNGPL refutes reports about 8-hour loadshedding

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loadshedding

RAWALPINDI: The Sui Northern Gas Pipelines Limited (SNGPL) Rawalpindi has refuted reports of eight-hour gas load shedding in any part of the city, emphasizing its efforts to ensure uninterrupted gas supply during the winter season. Responding to a report in a local newspaper, the SNGPL spokesperson clarified that despite the increased demand during winter, continuous supply is being provided to domestic consumers. To address supply challenges, senior officers are closely monitoring gas pressures, particularly for consumers at the farthest ends of the distribution network, under the directives of the General…

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“Power Sector Reforms Yield Significant Results: Minister”

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Power Division

Islamabad: The Power Division has announced significant achievements in the power sector, citing a decrease in electricity prices, elimination of cross-subsidies, and substantial national savings. According to a press release, the average electricity price has decreased to PKR 44.04 per unit from PKR 48.70 per unit in June 2024, marking a reduction of PKR 4.66. Industrial electricity prices have also seen a significant drop to PKR 47.17 per unit, down from PKR 58.50 per unit in June 2024, reflecting a reduction of PKR 11.33. The government has also eliminated PKR…

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PM Shehbaz Tasks Fatemi to Resolve Siemens’ Concerns Over Rousch Power Deal

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Shahbaz-Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif has appointed Syed Tariq Fatemi, Special Assistant on Foreign Affairs, to address grievances raised by Siemens, a German partner in Rousch Pakistan Power Limited (RPPL), regarding a new deal negotiated by the Energy Task Force led by Federal Power Minister Sardar Awais Khan Leghari. The dispute surfaced during recent Pakistan-EU talks, with the German Embassy raising concerns in a letter to the Power Minister. Siemens, which has been a key player in Pakistan’s power sector since the 1990s, expressed dissatisfaction with the settlement terms proposed…

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NEPRA Warns Discos and KE: Address Overbilling or Face Legal Action

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NEPRA-KE

Islamabad: The National Electric Power Regulatory Authority (NEPRA) has issued a stern warning to Distribution Companies (Discos) and K-Electric to resolve consumer overbilling issues or face legal consequences. In a letter, NEPRA referenced its earlier directives from July 30, 2024, where it instructed Discos to adjust bills issued on a pro-rata basis. These adjustments were necessitated when meter readings taken for shorter billing periods led to inflated bills upon subsequent pro-rata calculations. The regulator highlighted that the directives stemmed from findings of an inquiry conducted by NEPRA to safeguard consumer…

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