Tue, 21-Oct-2025

Father-son duo steals electricity worth almost Rs149 million

According to NDTV, a father-son combo from Maharashtra, India, was caught for stealing energy. The two are accused of stealing INR59.3 million worth of power (almost Rs149 million). Chandrakant Bhambre, the father, and his son, Sachin, have been recognised as the suspects. “Power was being stolen remotely using a device that tampered with metre readings. … Read more

Electricity rates in Spain are expected to fall because of ‘natural gas limit’  

Electricity

According to Teresa Ribera, Minister of Ecological Transition, “a very important goal has been achieved, putting a cap on the price of gas and so cutting the electricity bill for everyone, family, households, SMEs, self-employed, and, most importantly, industry.” According to executive sources, limiting the price of gas and decoupling it from the price of … Read more

Russian operator to suspend electricity supply to Finland

Russian Finland

Russian energy supplier RAO Nordic says it will suspend deliveries of electricity to Finland from Saturday, citing problems with payments. The company said it had not been paid for previous deliveries. The Finnish grid operator said Russia provided only a small percentage of the country’s electricity and that it could be replaced by alternative sources. … Read more

Sri Lanka’s new PM struggles to form unity government

Sri Lanka

Sri Lanka’s new high minister struggled Friday to forge a harmonious government and forestall a forthcoming financial fall apart as opposition lawmakers refused to join his cabinet and demanded clean elections. Ranil Wickremesinghe became sworn in past due Thursday to navigate his us through the worst downturn in its records as an independent country, with … Read more

Italy PM urges ‘stronger’ EU that spreads east

Italy

Italian Prime Minister Mario Draghi on Tuesday stated the EU wishes to emerge stronger from the historic challenges thrown up by way of the struggle in Ukraine, which includes by way of increasing eastwards. The conflict, he advised the European Parliament in Strasbourg, changed into “a safety, humanitarian, electricity and economic crisis all rolled into one” that … Read more

Loyalists turn on Sri Lanka PM as protest pressure grows

Sri Lanka

Sri Lanka’s beleaguered prime minister came below increasing stress to step down on Saturday, as staunch allies broke ranks and sponsored street protests calling for resignations over a worsening economic crisis. Media minister Nalaka Godahewa introduced his assistance to the thousands outdoor President Gotabaya Rajapaksa’s workplace who was worried he and different members of his … Read more

Nepra approves Rs5.94/kWh rise in electricity tariff

Nepra

KARACHI: The National Electric Power Regulatory Authority (Nepra) on Thursday allowed ex-Wapda distribution companies to charge their consumers an additional fuel cost of Rs5.94/kWh on the consumption during January 2022. Nepra observed that the energy from costlier residual fuel oil (RFO) and high-speed diesel (HSD)-based power plants was generated to the tune of over Rs43.62 … Read more

Peeling off  poverty

fuel prices

The government will face a tough time in sustaining the poverty level on the back of higher fuel prices, the rupee depreciation and an increase in the electricity and gas tariffs on regular intervals. The latest poverty headcount based on the 2018/19 Household Economic Survey showed around 22 per cent of the estimated 227.9 million … Read more

SECMC cuts power generation expansion plans by half

SECMC

THAR: Pakistan has witnessed a mushroom growth of electricity generating facilities in the last decade, but inefficient power evacuation networks, over-generation capacity and overloaded transmission systems are forcing the producers to downsize their planned expansions. The Sindh Engro Coal Mining Company (SECMC) is among those major players, which has slashed its initial plan of installing … Read more

China-Laos Railway carries over one million travellers

Iraqi women

KUNMING/VIENTIANE – The China-Laos Railway has transported over one million passengers and 500,000 tonnes of cargo since it was launched in December 2021, while business operators from Thailand, Vietnam, Cambodia and Myanmar are now using the same facility to import and export goods to and from China and beyond, according to a Lao official. The … Read more

Electricity becomes costlier

electricity

KARACHI: The unavailability of re-gasified liquefied natural gas (RLNG) to efficient power plants, due to mismanagement, has burdened the electricity consumers of the distribution companies with an additional Rs55.77 million, as the National Electric Power Regulatory Authority (Nepra) has increased the power tariff by Rs4.3/kWh for November 2021 under the monthly fuel cost component (FCC) … Read more

‘Ocean battery’ targets renewable energy dilemma

Ocean battery

LAS VEGAS: A wind turbine sitting idle on a calm day or spinning swiftly when power demand is already met poses a problem for renewables, and is one researchers think can be tackled under the sea. In one vision, offshore wind farms could use seawater to essentially store energy until it’s needed, helping wean humanity … Read more

French bakers fume at cut-price supermarket baguettes

French bakers

PARIS: French bakers have taken aim at a major supermarket chain that is offering inflation-busting low prices for baguettes, saying the move would undermine competition in one of the country’s prized industries. The Leclerc group said in newspaper ads on Tuesday that “because of inflation, the average price of baguettes could increase significantly. That’s unthinkable,” … Read more

Parts of Lahore face power outages after first winter rain

LAHORE: Several areas in Lahore have plunged into darkness due to power outages after the first winter rain in the city which started early Wednesday morning. The areas facing power outages since morning include Gulberg, Cantt, Mughalpura, Sant Nagar (Civil Secretariat), Shad Bagh, Harbanspura, Shahdara Bagh, Johar Town, Garden Town, Chauburji, Thokar Niaz Baig, Raiwind, … Read more

20 signs that make you a true Karachiite

Karachi

1.You spend half your life stuck in traffic You cannot call yourself a true Karachiite if you haven’t spent a quarter of your life stuck in traffic at Korangi and Shahrah-e-Faisal. The things we could do, the places where we could reach, if we didn’t age twenty years at Sharah-e-Faisal road. Good luck getting gas … Read more

SHC orders to cut off utility connections of Makkah Terrace

Makkah Terrace

KARACHI: The Sindh High Court (SHC) on Friday ordered to cut off water, gas and electricity connections of Makkah Terrace in the Saddar area of Karachi which it had ruled was built without leaving ‘Compulsory Open Space’. Earlier, a bench of SHC comprising Justice Zafar Ahmed Rajput and Faisal Kamal Alam was apprised that some … Read more

Saudi industrial production hits highest level since April 2020

Saudi industrial production

RIYADH: Saudi industrial production expanded by an annual rate of 7.7 per cent in October to reach its highest level since April 2020, Arab News quoted data published by Gastat, as showing. Jumps in the output of the mining and quarrying sector were mainly responsible for the expansion as it went up by 9.1 per … Read more

China’s slowdown raises questions for global economy

economy

WASHINGTON: The Chinese economy, weighed down by electricity shortages and a vast real estate crisis, has lost its lustre recently, to the point where economists are starting to question its impact on the global growth it has helped drive for more than 20 years. The difficulties of the real estate sector in China triggered by … Read more

Nearly 30% vehicles in Riyadh to be powered by electricity till 2030

RIYADH: As part of the Riyadh Sustainability Strategy, the government is working to ensure that 30 per cent of all vehicles in the capital city will be powered by electricity by 2030, Arab News quoted CEO of the Royal Commission for Riyadh City Fahd Al-Rasheed, as saying. The CEO of the Royal Commission for Riyadh City said … Read more

Saudi-Moroccan Business Council to hold expo in Jeddah

RIYADH: The Saudi-Moroccan Business Council has signed four memoranda of understanding to strengthen partnership in tourism, electricity, renewable energy, logistics and food sectors, Arab News reported. The council also revealed plans to launch the “Two Kingdom’s Forum and Exhibition” in Jeddah in the first quarter of 2022. Ali Al-Yami, head of the council, said a list of … Read more

Electricity tariff to go up Rs1.39/unit; govt mulls ban on new gas connections

ISLAMABAD: The electricity tariff will be increased by Rs1.39 and because of depleting gas reserves, the government will impose a ban on the new gas connections for domestic consumers till the introduction of the new pricing mechanism for imported gas. Federal Minister for Energy Hammad Azhar said that this in a media briefing along with … Read more

The decision to increase electricity rates should be reconsidered, Mian Zahid Hussain

electricity

The government should consider the option of reducing its expenditure instead of raising the price of electricity, says President All Karachi Industrial Alliance.

Karachi Industrial Alliance President Mian Zahid Hussain has said that it has been decided to increase electricity rates from next month to overcome losses in the power sector and revolving credit.

This should be reconsidered as it will increase the burden on the people, industry, and trade, and also increase general inflation. Instead of raising the price of electricity, the government should consider the option of reducing its expenditure, of which the Percentage has increased.

Mian Zahid Hussain said in a statement that the promise not to increase rates this year could not be fulfilled and now it has been decided to make electricity more expensive from next month to revive the IMF program.

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Pakistan to promote cross-border e-commerce with SCO countries

World Economic Forum, Extreme Commerce Pen Agreement To Provide Digital Skills Training

BEIJING: Pakistan signed a memorandum of understanding (MoU) on building a cross-border e-commerce platform with nine trade organisations of the Shanghai Cooperation Organisation (SCO) member states. The signing ceremony was held at the Digital Commerce Conference of the 2021 China-SCO Forum on the Digital Economy Industry in China’s tech powerhouse of Chongqing. Four areas of … Read more

Power generation surges 6.6% in July

Karachi To Get 450 MW Additional Power This Summer

KARACHI: The country’s overall power generation surged 6.6 per cent to 15,680GWh (21,076MW) during July 2021, compared with 14,711GWh (19,773MW) during July 2020, official data suggests on Friday. “The rise in generation is witnessed due to higher generation of nuclear, furnace oil, regasified liquefied natural gas (RLNG), wind, HSD and bagasse,” an analyst at Arif … Read more

Power generation surges 6.6% in July

electricity

KARACHI: The country’s overall power generation surged 6.6 per cent to 15,680GWh (21,076MW) during July 2021, compared with 14,711GWh (19,773MW) during July 2020, official data suggests on Friday. “The rise in generation is witnessed due to higher generation of nuclear, furnace oil, regasified liquefied natural gas (RLNG), wind, HSD and bagasse,” an analyst at Arif … Read more

Govt making efforts to generate environment friendly electricity: PM

TARBELA: Prime Minister Imran Khan said on Thursday that the government has decided to build 10 dams within 10 years with a view to averting an acute shortage of water in the country and protecting upcoming generations. “We have decided to construct 10 dams within 10 years, including Dasu and Diamer-Basha Dams. We may face … Read more

K-Electric, PLL sign 150mmcfd gas supply agreement

K-Electric ventures into green

KARACHI: The K-Electric Limited (KEL) and Pakistan LNG Limited (PLL) have signed a gas supply agreement for the supply of 150mmcfd re-gasified liquefied natural gas (RLNG) for K-Electric’s 900MW plant at Port Qasim (BQPS-III), a government official said. Once fully operational, the $650 million, 900MW plant will bolster Karachi’s power supply, as the project is … Read more