13 Posts

electricity

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Pakistan’s electricity shortfall ‘climbs’ to 6,623 MW

  • 2 min
Electricity shortfall in Pakistan has surged to 6,623 megawatts, with major cities experiencing up to six hours of load shedding and up to eight hours in rural areas. The country’s electricity demand is 25,800 megawatts, compared to a total production of 19,177 megawatts. Pakistan’s power sector circular debt reached Rs 2,635 billion, showing a substantial increase. The IMF has urged a further electricity tariff increase to mitigate the burden on the power sector.
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Mohsin Naqvi orders to launch crackdown against electricity, gas theft

  • 2 min
Interior Minister Mohsin Naqvi has ordered a crackdown against electricity and gas theft across Pakistan, directing the FIA to take legal action and form special teams. This initiative aims to combat the rampant theft of essential utilities and ensure fair access for all citizens. The campaign will not discriminate and intends to hold all responsible parties accountable.
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K-Electric fails to enhance cheaper electricity generation: NEPRA

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NEPRA report states K-Electric failed to increase cost-effective renewable energy generation, relying on expensive sources. NEPRA expressed dissatisfaction with K-Electric's focus on costly electricity generation and its minimal use of renewable energy. The authority had advised deploying more renewable energy plants to reduce costs. K-Electric's 20-year license expired in July 2023.
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Pakistan ‘shares’ electricity tariff plan with IMF

  • 2 min
Pakistan has proposed lowering the electricity tariff for its export sector by reducing it from 14 cents to 9 cents, a move shared with the International Monetary Fund (IMF). Despite the IMF's previous rejection, the government aims to enforce the plan upon the lender's approval. Additionally, the IMF has revised Pakistan's 2024 growth estimate to two percent, lower than the government's target.
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NEPRA approves hike in electricity tariff

  • 2 min
NEPRA has approved an increase in electricity tariff for Karachi, following K-electric's plea. The hike of Rs 2.87 per unit is in response to quarterly fuel adjustment. This translates to a total burden of Rs 4.12 on consumers, effective from January to March 2023. The decision has been forwarded to the federal government for notification.
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NEPRA jacks up electricity tariff

  • 2 min
ISLAMABAD: In yet another shock to the already overburdened power consumers, the National Electric Power Regulatory Authority (NEPRA) has notified a hike of Rs1.15 per unit in electricity tariff, News reported. 
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Former MPA Caught Stealing Electricity, Fined

  • 2 min
LAHORE: The former Member of the Provincial Assembly (MPA) in Punjab, Agha Ali Haider and his two brothers have been caught stealing electricity by the Lahore Electric Supply Company (LESCO) officials, ARY News reported on Monday.