Tag: Power Division
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No plans for fixed tax on solar power, says Power Division
The Power Division has dismissed recent media reports suggesting that the government is imposing a fixed tax on solar power.
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ECC approves Rs7.49 billion Ramzan Relief Package
In a significant move to provide relief to the general public during the upcoming Ramazan, the Economic Coordination Committee (ECC), in its latest meeting chaired by the Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar, approved the Ramzan Relief Package-2024.
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Electricity tariff for K-Electric consumers increased by Rs4.45 per unit
Residents of Karachi are set to see an increase in their electricity bills, as the National Electric Power Regulatory Authority (Nepra) has recently decided to raise the power tariff by Rs4.45 per unit for consumers of K-Electric (KE).
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Rural areas in Pakistan are facing up to 10 hours of load shedding due to massive power shortfall
Amidst a severe heatwave sweeping across the nation, the persistent electricity crisis shows no signs of relenting, with a power shortfall of 6,000 megawatts being recorded. The demand for electricity stands at 28,500 megawatts, while the actual production amounts to 22,500 megawatts.
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PM Shehbaz approves hike in gas and electricity tariffs to fulfill IMF demands
With only three days remaining to resolve differences, Prime Minister Shehbaz Sharif approved an increase in electricity prices on Monday in an attempt to reach an agreement with the International Monetary Fund (IMF). The annual base tariff is expected to increase by approximately 33 per cent. The decision was made during a virtual meeting held…
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Funds worth Rs3 trillion misused in Naya Pakistan’s power division
The Auditor General of Pakistan (AGP) has unearthed misappropriation of public funds worth around Rs3 trillion in the power division during the first year of the Pakistan Tehreek-e-Insaf (PTI) government. According to reports, the AGP has found huge irregularities, mismanagement, misappropriation and embezzlement, which it has highlighted in its report for the audit year 2019-20…