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Tag Archives: electricity

Overbilling: Businessmen snub 35pc faster electricity meters

ISLAMABAD: Businessmen in a meeting at Islamabad Chamber of Commerce & Industry strongly protested against the installation of new faster electricity meters, which run 30-35 percent faster than the old ones and called upon the government to ensure their urgent replacement to save the business activities from further damage and consumers from unjustified overbilling. Chairing the meeting, Muzzamil Hussain Sabri, ... Read More »

Govt pays K-Electric Rs53b during current year, Rs312b in eight years

ISLAMABAD: The government paid Rs312 billion to the Karachi Electricity Supply Company (K-Electric) during the last eight years, in which Rs228 billion was paid in just last four years and Rs84 billion was paid last year, while with the highest ratio, Rs53 billion was given to the company during the ongoing year to fill the ‘tariff gap’, Minister of State ... Read More »

China to start 10,400 MW power projects in Pakistan

ISLAMABAD: China is starting 10,400 MW power generation projects in Pakistan and an agreement will be signed next month in this regard. Minister for Water and Power Khawaja Muhammad Asif said this while addressing a news conference. He said a Pakistani delegation will also visit China for completing work on the process of these projects, which include hydel, wind and ... Read More »

CASA-1000 Power project to cost $997m

ISLAMABAD: The Central Asia South Asia (CASA)-1000 power transmission project, signed between Kyrgyzstan, Tajikistan, Pakistan and Afghanistan, will be completed by June 30, 2020 and it will cost $ 997 million. Under the proposed project, initially 1300 MW electricity would be imported from the Kyrgyz Republic and Tajikistan and Pakistan would get 1,000MW of power while Afghanistan would receive the ... Read More »

82 million people earn less than $1 a day in China

BEIJING: The world’s second-largest economy, China, have more than 82 million poor people who earn less than $1 a day as its official poverty standard is an annual income of 2,300 yuan ($375). A senior government official, Zheng Wenkai, told media that China’s poor would rise to more than 200 million if the international standards were applied as World Bank’s ... Read More »

APTMA lauds Nawaz Sharif’s role in restoration of gas supply

LAHORE: The textile industrialists have expressed their satisfaction over restoration of gas supply to the industry and thanked Prime Minister Nawaz Sharif for playing his role in ensuring the resumption of supply. All Pakistan Textile Mills Association (APTMA) Central Chairman S M Tanveer had appealed to the premier for taking action against SNGPL’s stance of halting gas supply to the ... Read More »

Incessant gas supply to textile sector sought

PRGMEA chairman says government has failed in ensuring provision of gas and electricity to industries in Punjab      SIALKOT: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has demanded an incessant supply of gas to value-added textile sector. Talking to reporters in his office, PRGMEA Chairman Ejaz A Khokhar urged the government to evolve a comprehensive strategy to ... Read More »

Nepra gives nominal relief to electricity consumers

ISLAMABAD: Now people can enjoy ‘less expensive’ electricity as the country’s power regulatory authority has announced to cut the tariff by 29 paisa per unit on account of fuel adjustment for August 2014 The National Electric Power Regulatory Authority (Nepra) decided this during a public hearing on a petition, filed by the Central Power Purchasing Agency (CPPA). According to the ... Read More »

PM takes notice of overbilling, electricity theft

ISLAMABAD: Prime Minister Nawaz Sharif has taken the notice of overbilling and theft of electricity and established a special committee under the supervision of Water and Electricity Advisor Mussadaq Malik. He instructed that the committee will present the report within a week to solve the complaints of electricity consumers. Federal ministers Chaudhry Nisar Ali Khan, Shahid Khaqan Abbasi, Abbas Afridi ... Read More »

Premier awards ‘Privilege cards’ to top taxpayers

ISLAMABAD: The Prime Minister Muhammad Nawaz Sharif handed over the Privilege Cards to top 100 taxpayers of different categories at Prime Minister’s office Auditorium. The cards will be valid for one year. As per details, the ceremony was also attended by Mr. Ishaq Dar, Finance Minister and Chairman Federal Board of Revenue (FBR), Mr. Tariq Bajwa. The scheme has been ... Read More »