electricity bills
The price of electricity has been increased by Rs1.74 per unit, following a notification issued by the relevant authorities. The adjustment, which applies to both K-Electric and other Distribution Companies (DISCOs), is set to affect electricity consumers across the country. The hike in rates, implemented as a quarterly adjustment,
NEPRA
The National Electric Power Regulatory Authority (Nepra) has approved an additional charge of Rs1.743 per unit for the next three months starting in September 2024, allowing distribution companies and K-Electric to recover Rs43.23 billion through quarterly adjustments for the fourth quarter (April-June) of fiscal year 2023-24. This will
islamabad
ISLAMABAD, Sep 04: A unanimous call from both opposition and government members in the National Assembly has led to the formation of a parliamentary committee to investigate the issues surrounding Independent Power Producers (IPPs). The session, chaired by Speaker Sardar Ayaz Sadiq, saw heated discussions over the impact of IPPs
LahoreCourt
LAHORE, Aug 28: The Lahore High Court has issued an injunction against the collection of fixed charges on electricity bills on Wednesday. Justice Muhammad Raza Qureshi presided over the case, which was brought by nine companies, including Flying Paper Mills, challenging the imposition of these charges by LESCO. Khawaja Waseem
electricity
Islamabad: Electricity distribution companies have submitted a plea to the National Electric Power Regulatory Authority (NEPRA) seeking a staggering Rs46.99 billion increase in electricity prices. The proposed hike is for the last quarter of the previous fiscal year. According to NEPRA, the power companies have demanded Rs22.86 billion
electricity
ISLAMABAD, Aug 03: Federal government is set to implement a new measure to combat electricity theft, establishing separate police stations and courts dedicated to this issue, potentially adding to the public's burden following recent increases in electricity bills. A total of 8,769 specialized police stations and 497
Finance Ministry
Islamabad, Aug 03: The Ministry of Finance and Ministry of Energy have presented various suggestions to offer significant relief in electricity bills, sources report. Key proposals include a massive lump sum payment of up to 4 trillion rupees to cover capacity payment obligations. This move aims to consolidate payments to
electricity
ISLAMABAD, July 31: NEPRA officials have submitted a report to the authority detailing incidents of overbilling from April to June 2024, implicating all distribution companies, including K-Electric. The report reveals that all distribution companies, including K-Electric, were involved in overbilling consumers. In response, the authority has demanded explanations from these
NEPRA
ISLAMABAD, July 30: Nepra is set to revolutionize how electricity consumers report issues with the upcoming launch of its new mobile app, "Nepra Easy Approach." The app, designed to streamline the complaint process, will be officially unveiled tomorrow. The "Nepra Easy Approach" app aims to provide
Muhammad Aurangzeb
ISLAMABAD, July 24: Minister of State for Finance Ali Pervez Malik has acknowledged the unsustainable electricity tariffs, stating that current rates of Rs 60 per unit for businesses and Rs 40 per unit for households are untenable. In a talk with local TV, Malik outlined the government's efforts
loadshedding
Quetta: The citizens of Balochistan are grappling with severe and prolonged electricity loadshedding, making daily life nearly unbearable and severely impacting businesses across the province. In Quetta and other regions, record-breaking heat coupled with both scheduled and unscheduled power outages has disrupted normal life. Loadshedding spans from 6 to 8
China’s Companies
ISLAMABAD: A Pakistani delegation has traveled to Beijing aiming to secure an extension on loans for the China-Pakistan Economic Corridor (CPEC) and nuclear power plant projects, and to negotiate reduced interest rates. Despite these efforts, China's three major power companies have firmly rejected the possibility of renegotiating the
Power
ISLAMABAD – Pakistan is grappling with a staggering 38% increase in energy prices and a 62% rise in capacity charges, leading to significant tariff hikes. Experts at a panel discussion hosted by the Sustainable Development Policy Institute (SDPI) highlighted these pressing issues and suggested potential solutions, including the promotion of an
electricity
ISLAMABAD: The federal cabinet has given the green light to increase electricity tariffs for commercial, agricultural, and bulk consumers, effective from July. Commercial consumers will face an increase of Rs. 8.04 per unit, bringing their tariff to Rs. 77.15 per unit. Agricultural consumers will see a hike of
PM
ISLAMABAD, July 10: Prime Minister Shahbaz Sharif has issued directives for immediate relief on electricity bills during a recent federal cabinet meeting. Chaired by PM Sharif, the meeting emphasized rapid implementation of solar tube wells, urging relevant ministries to expedite their efforts. The cabinet also approved advertising medicines across TV,