Amid public outcry over expensive power and excessive loadshedding, the government on Wednesday announced that it had unearthed expensive power purchases by distribution companies (Discos) outside the national grid at exorbitant rates in violation of the economic merit order. According to an official statement, the Discos were purchasing electricity from small power producers (SPPs) and […]
purchasing power
Petrol price hike in Pakistan: Why comparing only fuel prices is misleading
Islamabad – Pakistan has witnessed consecutive increases in petrol and diesel prices, pushing rates to historic highs. As of October 1, 2021, petrol is priced at Rs 127.30 per litre, high-speed diesel at Rs 122.04, and kerosene at Rs 99.31 per litre. Read More: Pakistan’s fuel prices increase compared to March 2022 The government, citing global crude […]