KARACHI: The business community has strongly criticized the substantial increase of Rs4.95 per unit in the “uniform national tariff,”. It will raise the cost of doing business, hamper local production, …
electricity
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Economy
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Latest UpdatesNational
Gov to close Markets, Restaurants at 8 pm across Pakistan
by Umar Sohailby Umar SohailGov To Close Markets, Restaurants At 8 pm Across Pakistan: Gov To Close Markets Restaurants At 8pm Across Pakistan ISLAMABAD: Federal Defence minister Khawaja Asif On Tuesday announced cost-cutting measures …
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EconomyLatest Updates
Circular debt of Pakistan expands to Rs4.17 trillion
by Hamza Irshadby Hamza IrshadISLAMABAD: Pakistan’s circular debt has expanded to an alarming level of Rs4.17 billion in 2022. The electricity sector debt has enlarged to Rs2.27 trillion which may affect the efficiency of …
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EconomyLatest UpdatesNational
Govt to offer major relief package for consumers in Oct, Dar gets go-ahead to win public support
by Umar Sohailby Umar SohailRescheduling of $10 billion worth foreign loans payable in 2022-23 means the country would not be under pressure to pay these loans in the ongoing fiscal year.
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The price of electricity is going through the roof. It is getting harder and harder for families and businesses to pay. The recent increase is due to changes in base …
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EconomyLatest Updates
Consumers to pay inflated electricity bills for two more months: Dastgir
by Umar Sohailby Umar SohailDastgir Khan said the govt had notified Rs3.50 per unit increase in national base electricity tariff and he promised to investigate complaints of overbilling on account of monthly fuel cost …
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During the commissioning of K-Electric Bin Qasim Power Station 3 (BQPS-III), a fault was discovered during a test that resulted in the shutdown of the first unit. According to the …
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Economy
Companies are quite concerned about recent significant increase in electricity bills
by Hamza Irshadby Hamza IrshadThe power regulator has stated that it cannot do anything to prevent the government’s planned hike in national uniform power rates of roughly 50%, to around Rs42-45 per unit in …
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EconomyNationalPolitics
Imran Khan announces peaceful protest today against massive govt’s price-hike which would cost Rs900 billion to people
by Umar Sohailby Umar SohailSlamming the government’s decision, the ousted prime minister claimed that the hike will increase the burden on the masses by Rs900 billion and massive inflation in the country.
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Latest UpdatesNational
Prime Minister Khan reduces petrol, electricity rates, exempts IT sector from tax and announces 2.6 million paid scholarships for jobless graduates
Prime Minister said the relief measures will be beneficial for millions of people in the country