Pakistan
Babar Awan's name removed from ECL, 24 more approved
The Federal Cabinet has given its approval in light of the recommendations of the Sub-Committee on ECL.
Islamabad: The Federal Cabinet Thursday approved the inclusion of 24 names in the Exit Control List (ECL).
The Federal Cabinet approved through summary circulation of the Ministry of Interior Affairs and 24 names were approved to be placed in the ECL.
The Federal Cabinet has given its approval in light of the recommendations of the Sub-Committee on ECL.
Apart from this, Pakistan Tehreek-e-Insaf (PTI) leader Babar Awan's name has been approved to be removed from ECL which was included in December 2023 due to Al-Qadir Trust case.
Regional
Vehicles stopped of visitors to meet Imran Khan in Adiala jail
Officials directed to close the shops immediately before the gate of Adiala jail amid security reasons.
Rawalpindi: A road has been blocked that went to Adiala jail by the police.
According to the details, the police officers stopped the cars of the visitors who have come to meet Pakistan Tehreek-e-Insaf’s (PTI) founder Imran Khan in Adiala jail.
Police officers have imposed more barriers on the road to stop the visitors from going near the Adiala jail.
Officials directed to close the shops immediately before the gate of Adiala jail amid security reasons.
Business
Decision on appeal to increase power tariff by Rs4.99 per unit reserved
Mazhar Niaz Rana of NEPRA said that a strategy should be formulated to reduce the capacity payments.
Islamabad: The National Electric Power Regulatory Authority (NEPRA) completed the hearing on the appeal to increase the price of electricity by Rs4.99 per unit and reserved the decision.
According to the details, a hearing was held under the chairmanship of NEPRA Chairman Waseem Mukhtar on the request of Central Power Purchasing Agency (CPPA) to increase the price of electricity.
CPPA said that the demand of electricity was down by 12.2% in February. Member NEPRA Rafique Sheikh said that CPPA has stopped listening to NEPRA authority, how many times they have been told to make measures to increase electricity demand.
Rafique Sheikh further said that in a few months the use of local coal in power generation has decreased by 36% which increased the import bill, cost of electricity and capacity payments.
Member NEPRA remarked that power generation from Liquified Natural Gas (LNG) has increased by 100%. Rafique Sheikh said that thermal power plants are generating 35% of power, making capacity payments of 65% of these plants.
Mazhar Niaz Rana of NEPRA said that a strategy should be formulated to reduce the capacity payments.
Officials of the National Transmission and Distribution Company (NTDC) told NEPRA that when the LNG-powered plants were installed at low-cost, now the same plants are producing electricity at a high cost.
The authorities have adopted the position that the operation of the plants is necessary for the stability of the electricity system. The NTDC system in the country is built for 26,000 Mega Watts (MW), the electricity demand in the country comes up to 8,000 MW.
Increase in population, decrease in power demand, NTDC
NTDC officials said that the population is increasing and the demand for electricity is decreasing. Member NEPRA Rafique Ahmad Sheikh said that we are not a poor country, our management is poor.
NTDC officials stated that the use of solar is increasing in the country, due to which electricity is becoming expensive. On which member NEPRA replied that people started moving towards solar because of load shedding, now that electricity has become expensive, this is a convenience for people.
Officials Power Division added that the capacity payments have increased a lot, the role of the US dollar is beyond our control.
NEPRA has reserved the decision on the power price hike petition after completion of hearing which will be issued and notification will be released after checking the data.
NEPRA summons report on reduced electricity demand
NEPRA has asked for a report on how much electricity demand has decreased in which sector.
Chairman NEPRA said that restructuring is needed to increase the demand for electricity, adding that 592 billion subsidies is being given to consumers with less than 400 units per month.
He raised the question whether the current tariff structure is sustainable. The government should review the tariff structure to increase business activities, added Chairman.
It is pertinent to note that on March 19, a request for a further increase in electricity price by Rs4.99 per unit was submitted by CPPA to the National Electric Power Regulatory Authority.
Notable, the monthly adjustment of February will be applied to the bills of April. If the increase is applied, the consumers will have an additional burden of more than 40 billion rupees including sales tax, the monthly adjustment will not be applied to Lifeline and K-Electric customers.
-
Technology 1 day ago
What our shopping haul taught us about the promise of AI
-
Business 2 days ago
Rupee gains one paisa against dollar
-
Technology 1 day ago
Razer’s lightning-quick Huntsman V2 keyboard is down to its lowest price to date
-
Technology 2 days ago
GitLab confirms it’s removed Suyu, a fork of Nintendo Switch emulator Yuzu
-
Pakistan 2 days ago
Nawaz Sharif says good time will come after difficult years
-
Pakistan 2 days ago
President emphasises increasing economic, cultural ties with Cote d’Ivoire
-
Pakistan 2 days ago
Schedule of special trains from Karachi on Eid-ul-Fitr released
-
Pakistan 23 hours ago
IHC Judges letter: Petition in SC to form inquiry commission