• PIDE survey reveals 83pc firms link inability to meet targets with lack of power• 78pc companies say electricity scarcity hinders operational efficiency ISLAMABAD: Despite surplus power generation capacity, most of the country’s engineering firms have held electricity scarcity and its poor supply responsible for their inability to meet production goals and achieve operational efficiency, thus losing competitiveness, whereas 95…
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ISLAMABAD: The Senate Standing Committee on Power on Monday joined public criticism of the “unprecedented electric bills” and directed the Power Division to provide lists of electricity defaulters and outstanding dues to all the distribution companies (Discos). The meeting of the panel presided over by Senator Saifullah Abro discussed the unprecedented electric bills that have led to nationwide protests. On…
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ISLAMABAD: Former finance minister Miftah Ismail has claimed that without seeking permission from the International Monetary Fund (IMF), the incumbent government could not extend relief to masses who are feeling the heat of the inflated electricity bills. Following mass protests against the exorbitant electricity bills across the country, the former minister said the caretaker government would seek IMF approval before…
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LAHORE: The Income Tax department is issuing notices to the power distribution companies (Discos) for not deducting withholding tax against the payment of Use of System Charges (UoSC) to the National Transmission & Despatch Company (NTDC), said sources. The Use of System Charges means any charge (fixed or variable) payable by a Disco, or any other use of the transmission…
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Electricity generation in April 2023 went down 23 percent year-on-year. April of 2018 saw higher electricity generation than April of 2023. This is how worrisome the slide is – by far the steepest fall recorded in power generation in at least 15 years. The previous low was during the peak Covid three years ago
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Total power generation in Pakistan witnessed a significant decline of 23% on a yearly basis to 10,010 GWh in April 2023, compared to 12,960 GWh in same period last year.
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Intending to domestically produce wind turbines and contribute to Türkiye’s path toward increasing renewables’ share in electricity generation, Kalyon Holding has signed a preliminary agreement with defense giant Aselsan, its Chairperson Cemal Kalyoncu said Thursday.
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The public authority intends to set out on a 10-year change methodology to move from gas to power in business, modern and private areas, and push energy-effective structures under a Rs45 billion energy productivity and protection project, which imagines energy reserve funds of over Rs500bn per year.
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The Public Accounts Committee (PAC) has prescribed finishing free power office to all administration officials and workers from Grade 16-22. PAC Administrator Noor Alam Khan said that they were remaining before the IMF and, thusly, free power should be finished.
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Solis, one of the main and most experienced sunlight based inverter brands on the planet, took part in the as of late closed three-day Sun powered Pakistan Show and Meeting held in Lahore.
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