15 Posts

power

Categories

Budget 2024: Power tariff likely to reduce for industrial sector

  • 2 min
The 2024 budget may see a reduction in power tariffs for the industrial sector, providing relief to industries amid considerations for tariff rationalization and proposals to reduce costs for export-oriented industries. This move is expected to amount to around Rs 100 billion in benefits for the export sector. The budget is expected to be presented on June 7, with an estimated total expenditure of Rs 16,700 billion.
Categories

PML-N, PTI’s hunger for power on full display: Durrani

  • 3 min
Senior politician Muhammad Ali Durrani criticized Pakistan Muslim League Nawaz (PML-N) and Pakistan Tehreek-e-Insaf (PTI) for their hunger for power and their lack of respect for democratic principles. He urged PTI leaders to openly seek power instead of compromising on democratic principles. Opposition Leader Shibli Faraz expressed PTI's willingness for talks with the government under certain conditions.
Categories

Power companies involved in over-billing practice: Nasir Shah

  • 2 min
Sindh's Minister of Energy, Nasir Hussain Shah, revealed that K-Electric, Hesco, and Sepco have overbilled customers, leading to an excessive collection of funds. The government has taken action to rectify this and ensure refunds for the overcharged amounts. Additionally, Shah emphasized the importance of pursuing alternate energy sources and reducing electricity bills as per PPP chairman Bilawal Bhutto's directives. Several projects are in progress, including collaborations with the World Bank. Land issues related to manufacturing were also addressed.
Categories

India seeks private nuclear power investments

  • 3 min
India plans to attract $26 billion in private investment for nuclear energy, aiming to increase non-carbon emitting electricity sources. Seeking to reach 50% non-fossil fuel electricity by 2030, the government is engaging with private firms like Reliance Industries and Tata Power to establish 11,000 MW of nuclear power by 2040.
Categories

Bilawal Bhutto pledges Hyderabad’s development if voted into power

  • 2 min
PPP Chairman Bilawal Bhutto-Zardari urged Hyderabad's people to vote for his party in the February 8 elections, promising to lead the city's development initiatives. He criticized past parties' lack of positive contributions and pledged to tackle genuine issues. Additionally, he vowed to build 3 million houses, provide 300 MW of free solar energy, and double the country's income if elected.
Categories

Nawaz Sharif promises to eliminate inflation if voted into power

  • 2 min
Former Pakistani Prime Minister Nawaz Sharif promises to end inflation if voted into power after the February 8 general elections. Speaking at a rally in Burewala, he pledged to provide gas to all and control rising prices of essential items. Sharif also announced plans to upgrade Burewala's status and improve infrastructure. PML-N's election manifesto is set to be unveiled soon.
Categories

Pakistan gives assurance to IMF on power sector’s circular debt

  • 2 min
Pakistan assures IMF to manage power sector's circular debt at Rs2.31 trillion, presenting details before the Senate Standing Committee for Power. The government has pledged to maintain the debt and recover funds, with a focus on promoting solar energy projects to shift from expensive fuel for power production. Circular debt has reached Rs2.6 trillion by October 2023. Source: News. - Khabristan.PK
Categories

Balochistan agriculture hit hard by power crisis

  • 2 min
The Caretaker Chief Minister of Balochistan, Mir Ali Mardan Khan Domki, has stressed the crucial need for providing uninterrupted electricity to farmers and expressed his concern regarding the significant losses suffered by the agricultural sector due to power shortages.