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Articles for tag: Afghanistan, electricity affordability, electricity bill burden, electricity bill crisis, electricity cost protest, electricity price crisis, electricity price hike, electricity price hike protest, electricity price issue, electricity price outrage, electricity price reduction, electricity prices, electricity reform demand, energy cost protest, Energy crisis, energy policy failure, energy policy protest, energy sector reform, government accountability, government criticism, government failure, Hamza Azhar Salam, Imran Khan, Jamaat protests, Jamaat-e-Islami movement, Jamaat-e-Islami protest, Jamaat-e-Islami rally, January 17 protest, January demonstrations, JI action, JI against electricity prices, JI against government, JI demonstration, JI electricity bills, JI energy crisis, JI energy demands, JI January 17, JI January protest, JI Lahore, JI movement, JI nationwide protest, JI Pakistan, Lahore protest, Lahore rally, nationwide demonstrations, nationwide protest, Pakistan, pakistan daily, power price concerns, power price protest, power sector protest, power tariffs, public outrage, public protest, raja furqan ahmed, Shehbaz Sharif, The Pakistan Daily, TPD Investigations Desk, TPD Leaks

January 10, 2025

The Pakistan Daily

JI announces nationwide protests from January 17 over electricity prices

LAHORE: Jamaat-e-Islami (JI) has announced a nationwide protest on January 17 against the government’s failure to reduce electricity prices. Addressing a press conference, JI Chief Hafiz Naeem-ur-Rehman criticised the government over the economic situation and said that while Prime Minister claims improvements in the stock market and economic indicators, the prices of essential items like petrol and food remain unaffected. Raising concerns about Independent Power Producers (IPPs) the JI chief said that despite their closures, electricity bills have not decreased. He alleged that the government gives Rs. 2 trillion to IPPs, exempts them from income tax, and burdens salaried individuals

January 8, 2025

The Pakistan Daily

Govt mulling options to reduce electricity prices: PM Shehbaz

Prime Minister Shehbaz Sharif says the UAE has decided to extend the two billion dollar payment due on Pakistan this month. Chairing the federal cabinet meeting in Islamabad, he mentioned that UAE President Mohamed bin Zayed Al Nahyan conveyed this decision to him with pleasure during a one-on-one meeting in Rahim Yar Khan. The Prime Minister stated that his meeting with the UAE President focused on strengthening bilateral relations and promoting investment. He mentioned that the UAE President, while referring to the historic fraternal ties between the two countries, expressed commitment to investing in Pakistan, assuring that his country would

September 10, 2024

News Desk

Thar coal is called a game changer for economy

Islamabad: Private Power and Infrastructure Board (PPIB) Director General Coal Said Ali Nawaz remarked that Thar coal is truly a game changer for Pakistan’s economy as the country has spent $6 billion on coal imports in the last three to four years. “Over the next five years, we could reap the full benefits as the base load shifts to Thar coal. This will reduce power prices and have an overall impact of Rs2 to Rs3 on the basket price through the conversion of three imported units based on carbon,” he said. Nawaz was addressing a seminar on “Leveraging Domestic Coal

August 29, 2024

News Desk

Consumers paying too much for electricity: NTDC

Islamabad: Officials of the National Transmission and Dispatch Corporation (NTDC) made a shocking revelation on Wednesday that consumers were paying 40,000 megawatts (MW) of power despite consuming less electricity. “Consumers use 12,000-13,000 MW of electricity but have to pay for 40,000 MW of power,” NTDC officials said during the National Electricity Regulatory Authority (Nepra) public hearing in the federal capital. Consumers are set to get a nominal reduction in electricity rates of up to 31 paisa per unit due to fuel adjustment for the month of July 2024. The Central Power Purchase Authority (CPPA) had asked for a reduction in

August 2, 2024

News Desk

Prime Minister Shehbaz promises the nation to reduce electricity prices in Pakistan

Listen to the article Prime Minister Shehbaz Sharif announced on Friday that reducing electricity prices was a top priority for the PML-N government and its allies. He emphasized that providing relief to electricity consumers was a key agenda for PML-N Chairman Muhammad Nawaz Sharif and his administration. Addressing a cabinet meeting, the Prime Minister emphasized the need to reduce electricity prices to boost Pakistan’s exports. He noted that both the agricultural and industrial sectors will find it difficult to expand without a reduction in electricity costs, stressing that competitiveness in industry is closely linked to lower energy prices. Sharif criticized

February 28, 2024

News Desk

Businesses are sounding the alarm over rising electricity prices

LAHORE: Different business groups have expressed concern over a recent hike in fuel adjustment price of electricity, which is Rs 7.05 per unit, calling it an unexpected increase by the National Electricity Regulatory Authority (NEPRA). This increase will cost the people of Pakistan Rs 70 billion, they said. They also said that apart from domestic consumers, the industrial sector, especially the export sector, would suffer huge foreign exchange losses. “Repeated hikes in electricity tariffs are hitting exports and local businesses alike. The government has hiked the electricity rates several times and most people have been sent bills of multiples of

February 8, 2024

News Desk

The government will expand the scope of talks with IPPs to reduce tariffs

Islamabad: As electricity prices continue to rise, the government has decided to expand the scope of negotiations with independent power plants (IPPs) to cover hydel and natural gas-based projects as well, in a bid to reduce tariffs. Earlier, the Pakistan Tehreek-e-Insaf (PTI) government had started negotiations with the IPPs to revise the dollar indexation clause. A cap has been put in place to control electricity prices rising with further depreciation of the rupee. The current caretaker government has continued negotiations with wind power producers. Now, it has decided to talk to hydel and gas based IPPs as well. In a

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