Pakistan is working on new electricity tariffs to attract crypto mining and blockchain data centres. The goal is to use the country’s surplus electricity and reduce capacity payments without subsidies. Officials are in talks with international crypto firms to explore how they can tap into Pakistan’s excess power capacity. Federal Minister for Energy Awais Leghari […]
electricity
Pakistan approves Rs14 billion for solar-powered tubewells in Balochistan
The federal government has approved Rs14 billion to convert agricultural tubewells in Balochistan to solar power. This initiative aims to reduce reliance on conventional electricity. It also seeks to address the circular debt crisis in the energy sector. The decision was made during a steering committee meeting led by Deputy Prime Minister Muhammad Ishaq Dar. […]
Pakistan’s energy costs pose challenges for industrial competitiveness
Pakistan’s industrial sector faces high electricity costs, nearly double that of major economies like China, India, and the United States. A recent report by the International Energy Agency (IEA) highlights that power tariffs in Pakistan’s energy-intensive industries average 13.5 cents per kilowatt-hour (kWh), significantly higher than the US, India, China, and even the European Union. […]
Nepra likely to hike electricity tariff by Rs2.18 per unit
Due to the monthly fuel adjustment (MFA), the National Electric Power Regulatory Authority (NEPRA) is likely to hike the electricity cost by Rs2.18 per unit. The increase in electricity prices will impose an additional burden of Rs43 billion on electricity consumers. Chairman NEPRA Tauseef Farooqi said that he is also concerned about how the figure […]
WAPDA to add over 11,000 MW environment-friendly electricity to national grid
WAPDA to add over 11000 MW environment-friendly electricity to national grid. Water and Power Development Authority (WAPDA) is actively pursuing six hydropower projects to add over 11,241 MW of environment-friendly hydel electricity to the existing 9,443 MW hydel generation in the coming years. Wapda officials told APP here that presently, the total installed capacity of […]
Govt not increasing electricity tariff for consumers?
ISLAMABAD: The federal government on Saturday issued a notification, saying that it had not increased the power tariff for the consumers but only allowed quarterly adjustments. The quarterly adjustments of Rs3.644/unit are for the quarter (April to June) of 2021-2022 which will not increase the bills as the government’s notified Schedule of Tariff (SoT) will be […]
Govt forms inquiry committee to investigate power outage
ISLAMABAD: The National Transmission and Despatch Company (NTDC) on Thursday formed a high-level inquiry committee to gauge facts relating to the power outage impacting southern areas of the country. According to the statement issued by the National Transmission and Despatch Company Limited (NTDC), the committee will be headed by Muhammad Mustafa — Lahore general manager […]
List of massive electricity blackouts in the world
Massive electricity blackouts, like those suffered by Bangladesh on Tuesday, have become increasingly frequent. Here are some of the worst cases in recent years: – Central Asia, 2022 – Three ex-Soviet neighbours, Kazakhstan, Uzbekistan and Kyrgyzstan, suffer one of the biggest blackouts in their grid-sharing region’s history on January 25, 2022. Millions of people are […]
NEPRA to increase electricity prices
ISLAMABAD: NEPRA is to increase electricity prices. The National Electric Power Regulatory Authority (NEPRA) has issued a decision to increase the power tariff once again. NEPRA to increase electricity prices As per NEPRA’s decision, the power tariff was increased by 50 paise per unit. The approval was given by NEPRA for the third quarter of […]
Nepra okays Rs9.89 increase in electricity tariff
On Thursday, the National Electric Power Regulatory Authority (Nepra) approved a Rs9.89 per unit hike in the electricity tariff on the request of Central Power Purchasing Agency (CPPA). According to the sources, the Nepra heard the CPPA’s request for increasing the electricity tariff on account of the monthly fuel-cost adjustment for the month of June. […]