ISLAMABAD: Karachi Electric (KE) has warned the Power Division that notification of its consumers end tariff determined by Nepra on federal government’s request will be considered a violation of Sindh High Court’s (SHC’s) orders. This has been conveyed by the Counsel for KE to Secretary Power Division in a letter dated July 26, 2018, a […]

ISLAMABAD: The Power Division has reportedly not entertained a request of Karachi Electric (KE) to withhold current determined notification of tariff by Nepra, aimed at challenging it in the tribunal or High Court, well-informed sources told Business Recorder. On July 5, 2018, Nepra had rejected a demand of the Power Division to substantially increase seven-year […]

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has determined about Rs1.172 per unit (kWh) reduction in power rates for consumers of K-Electric under its profit clawback mechanism. “The decrease in consumer class-wise tariff, on account of clawback of profits for financial year 2014-15, except for the lifeline consumers, based on actual units sold from […]

LAHORE: The 1,320MW coal-fired Hubco Power Plant has been connected with the national grid after the National Transmission and Despatch Company completed a new 500kV transmission line. The line will also enable the company to evacuate power from its existing plant to the national grid, according to an official source. The new coal-fired plant is […]

KARACHI: K-Electric teams remained fully alert on polling day to ensure availability of power supply in the whole city on the Election Day. KE’s Power Monitoring Cell remained vigilant in monitoring the power situation across the city. K-Electric senior management also visited various offices to review the ongoing operations on Election Day. While appreciating their […]

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has allowed Distribution Companies (Discos) to increase power tariff by 50.66 paisa per unit for June 2018 across the board except lifeline consumers under monthly fuel price adjustment mechanism. The decision was taken at a public hearing presided over by Chairman Nepra, Brig Tariq Saddozai (retired) on […]

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday allowed an increase of 51 paisa per unit in consumer tariff for ex-Wapda distribution companies (Discos) on account of fuel cost adjustment based on changes in tariff benchmarks. The higher rates for electricity consumed in June would be recovered from consumers in the upcoming billing […]

ISLAMABAD: The tax incentives package for erstwhile Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (PATA) notified by the Federal Board of Revenue (FBR) Monday revealed sales tax exemption for retailers and industrial units located in Fata/Pata, exemption from sales tax and ‘extra sales tax’ on the supply of electricity to domestic, commercial […]

ISLAMABAD: The caretaker government has failed to secure Rs50 billion in commercial financing for reducing the debt of energy companies as banks are reluctant to extend further credit because of heavy loans taken by the previous Pakistan Muslim League-Nawaz (PML-N) government. In the last two months of its five-year tenure that ended at the end […]

ISLAMABAD: The government has set up control rooms one each at Lahore and Islamabad to ensure and monitor uninterrupted power supply across the country on polling day till completion of counting of votes. The power division on Monday said the control rooms had been set up under the supervision of two additional secretaries to coordinate […]

LAHORE: The National Electric Power Regulatory Authority (Nepra) has rejected a review petition challenging imposition of a hefty fine of Rs10 million on the National Transmission and Despatch Company (NTDC) for supplying of 650MW electricity to K-Electric without execution of the power purchase agreement and approval of tariff from the authority. Earlier on Jan 25 […]

The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought a 71-paisa per unit increase in tariffs of distribution companies (Discos) effective June 2018 to cover the cost of security under China Pakistan Economic Corridor power projects. This decision must be looked at within its historical context. Prior to PML-N administration’s decision to bring regulatory authorities, including […]