Fawad Yousafzai

ISLAMABAD - Federal Minister for Power Division Awais Leghari has said that the government is working on minimising the role of Discos in tax collection. The minister said that the government has stopped the Central Power Purchasing Agency (CPPA) from entering direct power purchase contracts and this would be replaced with competitive power procurement system.

ISLAMABAD - Pakistan is eying the meeting of the 13th Joint Cooperation Committee (JCC) to kick off phase-II of China-Pakistan Economic Corridor (CPEC). The 13th meeting of the China-Pakistan Economic Corridor (CPEC) Joint Cooperation Committee (JCC) will be held in June or July this year in Pakistan, official source told The Nation. The source however said that no dates have yet been finalized for the 13th JCC meeting, which is more likely to be finalized during the Prime Minister Shahbaz Sharif's visit to Beijing.

ISLAMABAD - National Electric Power Regulatory Authority (Nepra) has asked the Power Division to inform the federal government that consumers are leaving the national grid and switching to solar power owing to high tariff, as the regulator reserved judgment on Discos' petition for hike of Rs 2.94 per unit in tariff.

ISLAMABAD - The federal government is considering a proposal of levying tax on the installation of 12KW and above solar panels, it is learnt reliably here yesterday.

ISLAMABAD - After failure in convincing the government for exporting surplus sugar, Pakistan Sugar Mills Association (PSMA) has launched fresh lobbying for the export of 1.5 million tonnes of the commodity.

ISLAMABAD - K-Electric has sought a hike of up to Rs 18.57 per unit in tariff on account of provisional monthly fuel charges adjustments (FCA) for nine months covering the period July 2023 to March 2024.

ISLAMABAD - The federal government Tuesday slashed the prices of Liquefied Petroleum Gas (LPG) by Rs11.88 per kilogramme (or 4.74 percent) for the

ISLAMABAD - Ambassador of Denmark, Jakob Linulf has said that carbon markets are a new opportunity for Pakistan to improve its economic situation and reduce carbon emissions for a green development through sustainable and environment friendly practices.

ISLAMABAD - The 969 MW-Neelum Jhelum Plant has been completely shut down, after it developed a new fault within 11 months of the resumption of power generation. After remaining closed for around 11 months, owing to developing a fault, the 969 MW Neelum Jhelum Hydropower Plant had resumed electricity generation in August 2023, however, once again it has been shut down due to another fault. The plant has been shut down yesterday for physical inspection of its head race tunnel to locate the problem which led to decrease in pressure a month ago, said Water and Power Development Authority here. Once the problem is traced, a comprehensive plan will be chalked out in coordination with the Project Consultants and the international experts for undertaking remedial works to rectify the issue.

Islamabad - K-Electric has sought up to 62.04 percent increase in Distribution Margin, within next seven years, taking its margin from the existing