ISLAMABAD: Senate Standing Committee on Power on Thursday threatened to attach K-Electric’s accounts through the Federal Board of Revenue (FBR) if its Chief Executive Officer Monis Alvi fails to attend the next meeting of the committee. The committee was seen all out in arms against the CEO KE when Chairman Standing Committee, Fida Muhammad stated […]

ISLAMABAD: National Electric Power Regulatory Authority (Nepra ) has increased K-Electric’s average multi-year (seven year) tariff by 5 paisa per unit to Rs 12.8172 per unit from Rs 12.77 per unit on the basis of two accounts i.e. dollar indexation on transmission and real CPI. This increase has been allowed on a tariff reconsideration petition […]

SLAMABAD: The National Electric Power Regulatory Authority (Nepra) has turned down a plea of K-Electric for a significant hike in its multi-year tariff and raised it just by Rs0.05 per unit. Earlier, the regulator had set the tariff for K-Electric – a private power utility – at Rs12.07 per unit on March 20, 2017, but […]

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday rejected a demand of the Power Division to substantially increase seven-year tariff of K-Electric to facilitate additional private sector investment but gave a five-paisa per unit allowance for indexation against recent exchange loss. The regulator also ordered KE to halt bill collection charges separately from […]

ISLAMABAD: The Board of Directors (BoD) of Private Power and Infrastructure Board (PPIB) is to discuss the removal of incumbent Managing Director of PPIB, Shah Jahan Mirza, in its forthcoming meeting, a senior official of Power Division told Business Recorder. The removal of MD PPIB is under discussion in the Power Division, since the day, […]

ISLAMABAD: The United States will explore ways and means to assist Power Division (PD) in establishment of Pakistan’s First Renewable Energy Institute and also share the expertise of the US National Renewable Energy Laboratory to enable it to work as per international standards. This was indicated by the US Ambassador to Pakistan, David Hale who […]

ISLAMABAD: The Ministry of Finance informed a parliamentary body on Tuesday that the previous Pakistan Muslim League-Nawaz (PML-N) government had borrowed Rs180 billion to reduce circular debt, but the money was being recovered from power consumers in the form of surcharges. Officials of the ministry made the disclosure in a meeting of the Senate Special […]

QUETTA: Taking cognisance of the farmers’ plight, caretaker Balochistan Chief Minister Alauddin Marri has directed the officials of Quetta Electric Supply Company to reduce the load-shedding hours across the province and ordered strict action against the illicit tube wells. “Whatever the odds, Qesco should supply at least eight-hour electricity to the farmers as hundreds and […]

LAHORE: The recent power breakdown witnessed by the country last month proved damaging to the national transmission system. The Power Division discovered auto shutdown of the recently commissioned RLNG-based power plants as one of the reasons behind the prolonged blackout. According to a report of the Power Division on the system breakdown of May 16, […]

LAHORE: In a major development, the Ministry of Energy (Power Division) on Saturday sought transfer of all executive engineers (EXENs) and sub-divisional officers (SDOs) out of the district from their present place of positing in all the distribution companies (Discos). The reason for these directions, according to an official source, is to stop possibility of […]

KARACHI: The Ministry of Commerce (MoC) has proposed abolition of cross-subsidy on electricity to save the industry from its negative impact in the form of increase in ‘cost of doing business’, MoC Secretary Mohammad Younas Dagha disclosed here Friday. “Why the industry should be burdened by subsidizing electricity for domestic and other consumers,” Dagha remarked […]

LAHORE: The aging distribution network of the Lahore Electric Supply Company tripped up at the first whiff of monsoon rain. Although the downpour provided locals with some relief from the scorching heat, it also led to the tripping of as many as 45 power feeders. Several areas of the provincial capital remained in the dark […]