Power generation hits 7-Year low
- 24-Sep-2024
Pakistan’s power generation has hit a seven-year low, experiencing a 17.4% year-over-year decline, highlighting the challenges faced by the energy sector, as the country grapples with a subdued economy and consequently, a slump in energy demand. In August 2024, power generation in Pakistan declined by 17.4% compared to August 2023, reaching 13,179 gigawatt-hours (GWh) or […]
PM Shehbaz seeks ‘proposals’ to waive off capacity charges
- 03-Aug-2024
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Saturday sought proposals from the Ministry of Finance and Ministry of Energy to waive off capacity charges in electricity bills, ARY News reported citing sources. According to sources, the Ministry of Energy has proposed paying off the capacity charges of Rs 4 trillion in one go. This would […]
IPPs should be paid as much as they produce power: Gohar Ejaz
- 01-Aug-2024
ISLAMABAD: Former caretaker minister Gohar Ejaz has said that the government paying two trillion rupees to IPPs, which are generating 30 percent of their capacity. Addressing a press conference, he said that 70 percent payment being taken without generating electricity. “The Independent Power Producers should be paid as much amount according to their power generation,” […]
Taxes, capacity charges with power bills unacceptable: Hafiz Naeem
- 29-Jul-2024
ISLAMABAD: Strings of additional taxes and capacity charges have not been acceptable with electricity bills, Jamaat-e-Islami’s Ameer Hafiz Naeem here said on Monday. “What capacity charges when the government have shares in 52 percent of the IPPs,” JI chief said. He called the contracts with Independent Power Producers (IPPs) as unlawful and also demanded to […]
Govt must cancel capacity charges deals with IPPs: Mustafa Kamal
- 24-Jul-2024
ISLAMABAD: MQM-Pakistan’s leader Mustafa Kamal has demanded of government to cancel the capacity charges agreement with local independent power producers (IPPs), ARY News reported on Wednesday. Mustafa Kamal was talking with media here after visiting the National Electric Power Regulatory Authority (NEPRA) office. He said the situation has reached to the extreme where a brother […]