Toyota rolls out first hybrid vehicle


KARACHI: Federal Secretary Industries and Production Asad Rehman Gilani has said that while embarking on this journey with locally manufactured hybrid electric vehicles (HEVs) on our roads, let’s keep in mind, that the country must expedite exports to reduce the trade deficit. “I see no better partner to support this goal, than our long-term standing partner, Toyota,” he said while…

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Commercial operation date: Nepra likely to grant Zorlu 4-month extension


ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday hinted at granting extension for four months in Commercial Operation Date (COD) to Turkish power firm M/s Zorlu Enerji along with same tariff approved previously as the company has only one issue with CCPA-G, i.e., interpretation of word “degradation”. Asian Development Bank’s Senior Investment Officer, Sheryar Ali Chaudhary said that financing…

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Anti-electricity theft, recovery drive a flop?


ISLAMABAD: Pakistan’s power sector circular debt stock crossed Rs 2.6 trillion by October 31, 2023, showing 13 percent or Rs 75.25 billion per month growth in its flow as anti-theft and recovery drive failed to give results as per expectations. According to sources, circular debt stock touched Rs 2.310 trillion at the end of FY 2022-23, with has now reached…

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NEPRA report exposes overbilling scandal


Discos, KE fleeced consumers, says power regulator ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has exposed the “controversial power theft drive” of the power distribution companies (Discos), defrauding millions of consumers of billions of rupees through excessive billing by engaging in malpractices. In an inquiry report released on Monday, the power regulator regretted that the distribution companies were intentionally…

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Integrated energy planning project: caretaker federal minister reviews progress


ISLAMABAD: The Minister of Planning, Development and Special Initiatives reviewed progress on the Integrated Energy Planning (IEP) project for sustainable development and termed it would help in tackling the energy crisis in the country. The Caretaker Minister for Planning, Development and Special Initiatives, Muhammad Sami Saeed, on Thursday, chaired a meeting to progress on the Integrated Energy Planning (IEP) project.…

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KE’s tariff adjustment period: Nepra issues addendum to clarify its decision


ISLAMABAD: The National Electric Power Regulatory Authority has issued addendum to clarify its decision about K-Electric’s tariff adjustment period. The Authority, pursuant to the judgment of the Supreme Court of Pakistan of January 19, 2023, issued its decision in the matter on October 31, 2023. Nepra reserves verdict on KE’s pleas for 20-year licences The decision was intimated to the…

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Rs1.52 per unit surcharge imposed on KE consumers for 12 months


ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday gave in to a demand of the Power Division to impose for 12 months an additional special surcharge at a flat rate of Rs1.52 per unit on all K-Electric consumers, except lifeline category with less than 100 units per month on a permanent basis. The additional surcharge will come into force from…

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