KarachiThe head of the Chamber of Commerce and Industry in Karachi (KCCI), Blawi, condemned the power of the National Authority for the Regulatory of Electrical Electricity (Nepra) to deprive it of the Consumer of Karachi of the great relief that they promised by adjusting a monthly tariff. Bellwani expressed his disappointment with Nepra and K-Electric … Read more
A significant decrease in the electricity tariff for industrial and local consumers is expected by June 2025, according to the Secretary of the Authority, Dr. Fazer Allam Erfan. This announcement came during a meeting of a Senate Committee for the Authority, where officials discussed the spices of revised or expired contracts with independent energy producers … Read more
Islamabad: Energy consumers around the country will find relief in the formThe energy tariff has cut off the National Electricity Regulatory Authority (NEPRA) a decrease in the electricity tariffThe consumers of both the previous Wapda distribution companies (Discos) and K-Electric (KE). According to Nepra, the DiscOS tariff decreased by 1.22 rupees per unit, reflecting the … Read more
Canada, Mexico and China have announced reprisals in response to US President Donald Trump’s tariff, which raised fears of a long trade war. Trump imposed a 25 % tariff on imports from Canada, Mexico and 10 % on Chinese goods, on the pretext that the measures were necessary to combat illegal immigration and the flow … Read more
Special Investment Equipment Council (SIFC) has directed the Energy Department to take steps to reduce the electricity tariff for SEZS to a regional competitive rate of 9 cents per unit. The decision, which aims to attract investment, was made at a modern meeting of the SIFC Apex Committee, headed by the Prime Minister and attended … Read more
IslamabadThe government is considering a proposal to convert circular debts in the energy sector into general debts as part of the efforts made to reduce the electricity tariff by 3.37 rupees per unit. As part of the plan, the government also intends to restructure $ 16.26 billion in debts associated with various energy projects, such … Read more
The Economic Coordination Committee (ECC) has agreed to increase the gas tariff for captive power plants while maintaining local consumer rates without change. The decision was taken during a meeting on Saturday, chaired by the Federal Minister of Finance, Mohamed Orangezib. The gas tariff for captive power plants has been raised from Ru rupe. 3000 … Read more
The Pakistani government has decided to formally notify the International Monetary Fund of its plan to change annual electricity tariffs from July to January, a move aimed at easing financial pressures on consumers during the peak summer months. The amendment comes as part of broader efforts to address public dissatisfaction over rising electricity costs, which … Read more
The federal cabinet, headed by Prime Minister Shehbaz Sharif, has approved revised agreements with 14 independent power producers, a move that is expected to bring down electricity prices by Rs 10-11 per unit. The renegotiated contracts are set to save 802 billion rupees by reducing profits and costs of independent power projects, while deducting an … Read more
US President-elect Donald Trump is reportedly considering declaring a national economic emergency to justify imposing global tariffs on imports from both allies and adversaries, CNN reported Wednesday citing sources familiar with the discussions. The move would enable Trump to use the International Emergency Economic Powers Act, which gives the president the power to regulate imports … Read more