K-Electric CEO admits expensive electricity in Karachi
- 04-Jun-2025
KARACHI: The CEO of K-Electric, Moonis Alvi, has acknowledged that electricity rates in Karachi are indeed high. Residents of Karachi are enduring up to 12 hours of load shedding daily in the sweltering summer heat, despite paying some of the highest electricity rates in the country. The combination of extreme temperatures and unannounced power outages […]
APTMA says revival of industry ‘next to impossible’
- 25-Sep-2024
KARACHI: Textile mills owners’ body has said that the revival of the industry has been next to impossible in existing conditions. Chairman of All Pakistan Textile Mills Association (APTMA), Asif Inam, has said that the most expensive electricity being provided to mills in country. Chairman APTMA has said that the corporate tax in Pakistan, has […]
Off-grid energy: Costly, inefficient for Pakistan stagnant industry
- 02-Sep-2024
KARACHI: As the country struggles with expensive grid electricity and gas prices, industries are turning to captive and solar power systems. However, these alternatives present their own set of issues, from high upfront investments to inefficiencies, making it increasingly difficult for businesses to remain competitive on a global scale. Pakistan’s industries may not find solace […]
We won’t be convinced with mere announcements: Hafiz Naeem
- 07-Aug-2024
ISLAMABAD: People are suffering from corruption and incompetence of the government, Hafiz Naeem ur Rehman here said on Wednesday. Jamaat Islami’s protest sit-in against expensive electricity and taxes has been continued for 13th day. “We will not be convinced with mere announcements,” JI leader said, demanding the government to take steps to address the problem. […]
K-Electric generates 200pc expensive power than national grid: Document
- 01-Aug-2024
ISLAMABAD: K-Electric has been generating electricity at a cost 200% higher than the national average, ARY News reported on Thursday. According to a document, K-Electric generated electricity at a cost of over Rs. 58 per unit, with an average cost of Rs. 26.80 per unit in June. K-Electric’s power generation costs are higher than the […]
IPPs expensive electricity pushes industries to closure: KATI
- 22-Jul-2024
KARACHI: President Korangi Association of Trade and Industry (KATI) on Monday said that the IPP agreements and expensive electricity has pushed industries on the verge of devastation. President KATI Johar Ali Qandhari has stated that the IPPs, expensive electricity and huge taxes have pushed industries in Korangi to ruins. “Payments being made in dollars for […]
Some IPPs being paid Rs 750 per unit for electricity: Gohar Ejaz
- 21-Jul-2024
LAHORE: The government buying electricity from some power plants at the rate of Rs 750 per unit, former caretaker minister Gohar Ejaz said in a social media statement on Sunday. The government purchasing Rs 200 per unit electricity in average from the coal power plants, he further said. “The wind and solar power units being […]
PTI to protest against expensive electricity and taxes: Asad Qaisar
- 02-Jul-2024
PESHAWAR: Former speaker National Assembly Asad Qaisar has called the hike in electricity tariff and taxes as unacceptable, ARY News reported on Tuesday. Asad Qaisar, a central leader of the PTI announced the party’s protest meetings against expensive electricity and new taxes. He announced public meetings of the PTI on July 5 at Mansehra and […]