GENCO Holdings fails to generate power in Islamabad
ISLAMABAD: The government has issued a contract to GENCO Holding Company Limited for power generation in Islamabad but the results have been seen and people are still facing massive power outages. The company is producing 4000 MW electricity against the
CJP assails K-Electric over power crisis in Karachi
ISLAMABAD: Chief Justice of Pakistan Gulzar Ahmed has remarked that the government has no capacity. During the self-hearing against unannounced load shedding in Sindh in the Supreme Court, the CJ said that we have read all the reports and there
Electricity crisis continues in Karachi as KE shuts down 3 power plants
KARACHI: The power crisis in Karachi continues for the third week and K-Electric has shut down three power plants due to a shortage of gas. There is a gap of 500 MW between the demand and supply of electricity in
Karachi’s power crisis
There is no respite from unannounced and prolonged loadshedding in Karachi and citizens seem to be losing patience. This has reached the top corridors of power who have vowed to resolve the matter. Prime Minister Imran Khan has taken notice
Industry leaders protest provision of gas share to K-Electric
KARACHI: President of SITE Association of Industry Suleman Chawla has protested over the decision of the federal government to provide gas share of general industries to K-Electric and demanded to immediately withdraw this decision. In a statement, he appealed to
Govt urges IMF to ease condition of increasing electricity tariffs
ISLAMABAD: Pakistan has insisted on the International Monetary Fund (IMF) to relieve the condition of an urgent rise in energy prices due to inflation already double-digit and adverse political conditions. An ever-expanding circular debt remains another vulnerable area in the
Govt plans to generate 8000MW renewable emergy by 2025
ISLAMABAD: The government has planned to generate 8000 megawatts of electricity through renewable energy by 2025. Replying to a question in the National Assembly, Minister for Power Division Omer Ayub Khan said that eleven wind energy-based projects have been approved
Power tariff likely to be increased by Rs2.97PU
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is likely to approve a hike in electricity prices by Rs2.97 per paisas per unit. According to sources, the increase in electricity prices will be due to September’s fuel adjustment. According to the
IMF team to soon visit Pakistan: Gerry Rice
WASHINGTON: Director Communication of International Monetary Fund (IMF) Gerry Rice said that its team led by Jahad Azwar would visit Pakistan soon. In a press briefing in Washington, Gerry Rice said that the IMF team led by Jahad Azwar would
Pakistan to challenge fines imposed in Riko Diq and Karke cases
ISLAMABAD: Pakistan would challenge the heavy fines imposed by the International Centre for Settlement of Investment Disputes (ICSID) in Reko Diq and Karke cases, said Minister of Power Umar Ayub. While addressing a press conference, Umar Ayub said that in