Govt to cut electricity prices from March
The federal government has decided to cut electricity costs, suggesting a Rs2 per unit reduction in the second quarter of fiscal year 2024-25.
Five arrested following Rs600 million theft at Tarbela power house
A significant breakthrough in the Tarbela Power House theft case has resulted in the arrest of five individuals. The police have also managed to recover a substantial portion of the stolen goods and money, with further investigations continuing into the incident. Law enforcement sources report that three local facilitators have
How will Pakistan curtail power sector losses?
Mehtab Haider The cash-bleeding power sector continues to face a whopping loss and the government had to raise the base tariff by Rs 5.70 per unit so the average unit price has gone up to Rs 35.50 per unit with effect from July 1, 2024. Earlier, the average baseline tariff
Electricity tariff expected to rise by Rs7 per unit in July
Pakistan has notified the International Monetary Fund (IMF) of a potential increase in the average electricity tariff by Rs. 5 to Rs. 7 per unit in July, owing to annual adjustments. Despite multiple price hikes, the country is expected to miss its circular debt reduction target. During ongoing discussions about
