Tag: Tariff

Power tariff is likely to be increased by another four percent by June 15th leading to an increase of up to Rs 1.50 per...

ISLAMABAD - The National Electric Power Regulatory Authority (NEPRA) on Tuesday reduced power tariff for distribution companies (DISCOs) by 0.9 paisa per unit under the fuel adjustment price for the month of February.
The hearing for fuel adjustment was held under NEPRA chairman Khalid Saeed on an application moved by the Central Power Purchasing Agency. However, the regulator was informed that the government still had to pass the reduction in tariff of Rs 1.08 per unit for

ISLAMABAD - The National Electric Power Regulatory Authority (NEPRA) has jacked up power tariff by between Rs 0.75 and Rs 2 per kilowatt hours (kWh) for three generation companies (GENCOs) due to the rise in furnace oil prices with effect from March 15.
According to the notifications issued by NEPRA, the tariff for various units of the Northern Power Generation Company Limited (NPGCL), Jamshoro Power Generation Company Limited (JPGCL) and Central Power Generation Company Limited

ISLAMABAD - The government notified the imposition of a 2 percent surcharge on the power tariff on Tuesday with immediate effect. The surcharge was finalised after a meeting of the ministries of law and water and power, an official source said, adding that a similar surcharge would be imposed in April and May.
The government has opted to impose the surcharge because it had already passed on the complete determined tariff by the National Electric Power Regulatory Authority

ISLAMABAD - The government has convened a meeting of the ministries of Water and Power and Law on Tuesday to resolve the issue of imposition of two percent surcharge per unit on electricity from April 1. An official source said the meeting was called after the Ministry of Law and Ministry of Water and Power failed to devise a mechanism for imposing the surcharge. The Ministry of Law had refused vetting the summary of the Ministry of Power, saying the reasons cited for the surcharge

ISLAMABAD - After having passed on the complete tariff hike on to the consumers by the National Electric Power Regulatory Power (NEPRA), the government would on Monday (tomorrow) notify an imposition of two percent surcharge on power tariff, applicable from April 1.
An official source said the IMF had asked for an increase in power tariff, but the government informed that the determined power tariff had been completely passed on to the consumers. The power tariff could be

LAHORE - A petition was filed in the Lahore High Court (LHC) on Monday seeking court orders to restrain the federal government from further increasing the electricity prices and declare all taxes levied on electricity bills as unconstitutional. Rana Ilmddin filed the petition submitting that the unnecessary and illegal taxes imposed by the federal government had forced the people to commit suicides. He said that people were paying direct or indirect taxes on every commodity they

KARACHI - Pakistan, which remains at highly disadvantageous position under the existing 'Sino-Pak Free Trade Agreement (FTA)', is likely to propose a uniform tariff and inclusion of greater items in the FTA. Pakistan would propose the neighboring country to include those items from Pakistan into the Sino-Pakistan FTA, which China imports from the ASEAN countries under the China-ASEAN (Association of South East Asian Nations) FTA, sources told Pakistan Today.
As the two

BRUSSELS - Europe's top trade negotiator called for greater commercial ties with North African states making the transition to democracy, saying he will unveil new proposals to achieve this next week. But Karel De Gucht said he will not seek unilateral trade concessions or cuts to import tariffs such as those the European Union granted its war-ravaged Balkan neighbours in the 1990s.
He cited that the unsuccessful EU attempt to grant temporary duty-free access to imports from

LAHORE - The federal government has made Punjab Additional Chief Secretary Sami Saeed chairman of the National Tariff Commission, however, Saeed has not complied with the orders of the authority yet, Pakistan Today learnt on Monday. The Establishment Division notified the transfer on February 25.
A senior government officer, seeking anonymity, said, "The federal government is the lending authority in this case and now the government has called its officer back and the Punjab

KARACHI - SITE Association of Industry Senior Vice Chairman Asad Nisar Barkhurdaria has expressed serious concerns over the rise in power tariff in the head of fuel adjustment charges by National Electric Power Regulatory Authority (NEPRA). He said that a 96 paisa per unit increase in KESC tariff in the head of fuel adjustment charges, as announced by NEPRA, is detrimental for the industries, already faced with crises.
He stated that the present rate of power tariff is

ISLAMABAD - Former Punjab governor and lawyer for Walters Power International and its associate Pakistan Power Resources (PPR), on Tuesday requested the Supreme Court to direct the National Electric Power Regulatory Authority (NEPRA) to finalise power tariff for rental power companies at the earliest.
The case of Rental Power Projects (RPPs) was fixed before a four-member Supreme Court bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Muhammad Sair Ali, Justice Ghulam

ISLAMABAD - The National Electric Power Regulatory Authority on Wednesday reduced power tariff for 8 distribution companies (DISCOs) by Rs 1.08 per unit and that of the Karachi Electric Supply Company (KESC) by Rs 0.46 per unit under the monthly fuel adjustment for November.
Under the monthly fuel price adjustment, the power tariff has reduced by Rs 2.09 per unit during the last 4 month. NEPRA reduced power tariff by Rs 0.33 per unit for August, Rs 0.36 per unit for September and

ISLAMABAD: The government has put on hold the increase due in power tariff and petroleum prices as it has received intelligence reports suggesting that the increase might spark countrywide protests.
A source told Pakistan Today that the intelligence agencies had told the government that further increase in power and petroleum prices would lead to protests, which could worsen the law and order situation across the country.
"The increase in tariff has been put on hold for the

KARACHI: The KESC has demanded a further hike in electricity tariff as gas curtailment continue to cause problems. NEPRA had recently augmented the electricity tariff as the KESC incurred additional expenses due to greater utilisation of furnace oil.
Sources have said that the KESC was not given priority in gas supply throughout the current year as supply fell to one fourth of the approved quota. They maintained that the company's demand for a further hike in tariff was justified

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase of 58 paisa per unit in the power tariff of Karachi Electric Supply Company (KESC). The fresh hike in power tariff has been approved for the month of October in the form of fuel adjustment charges, while the raise would be applicable from January. During a public hearing, NEPRA on behalf of KESC had requested for an increase in power tariff as part of annual fuel adjustment.
NEPRA also

ISLAMABAD: The federal government is having second thoughts on the differential tariff regime, one of the key ingredients of the proposed power sector reforms, as their implementation may raise issues that some regional parties might try to exploit.
The government had sought legal advice whether a national level regulatory body could notify different tariff for countrywide implementation, official sources said. They said under the proposed power sector reforms, the government