Nepra indicates Rs 5.95 per unit hike in electricity rates in Pakistan

    By NewzTodays Editorial Team | February 28, 2022

    News Report National Electric Power Regulatory Authority (Nepra) on Monday indicated a massive increase of Rs 5.95 per unit increase in electricity rates in Pakistan on account of fuel adjustment for the month of January 2022. NEPRA held a public hearing in its headquarter on Discus’s monthly fuel charges adjustment. The public hearing was chaired…

    The consumers may face increase in price of petrol by Rs 8 per liter

    By NewzTodays Editorial Team | February 25, 2022

    Ibn-e-Ameer The government is likely to increase the price of petrol by over Rs 9 per liter in Pakistan effective from March 1, 2022. The government has already made a massive increase in the price of petrol from February 16 that took its price Rs159.86 per liter. Now, another increase of over Rs 9 per…

    Sind expresses conditional consent to implement Cloud Policy

    By NewzTodays Editorial Team | February 23, 2022

    Sind has expressed conditional consent to implement the Cloud Policy to protect online data. However, the authorities of Punjab, KPK, Balochistan, AJK, and GB have agreed to implement it. Federal Minister for IT and Telecommunication Syed Amin Ul Haque has urged all the provinces including AJK and Gilgit-Baltistan to implement the Cloud Policy. He was…

    Energy Minister assures to resume gas supply to CNG Sector

    By NewzTodays Editorial Team | February 18, 2022

    Oil import bill to shrink by Rs84 billion if gas provided to CNG sector: Ghiyas Paracha Federal Minister for Petroleum Hamad Azhar on Friday said that the government is aware of the importance of the CNG sector and will try to resume the supply of natural gas to it immediately. Federal Minister for Petroleum Hamad…

    PSO books Rs 6.7b Exchange Rate Gain against SNGPL on LNG supply

    By NewzTodays Editorial Team | February 18, 2022

    Ibn-e-Ameer Pakistan State Oil (PSO) has booked an exchange rate gain of Rs 6.75 billion against Sui Northern Gas Company Limited (SNGPL). In addition to it, PSO is also to receive a Rs 5.7 billion exchange rate differential on 25 loans. SNGPL has to pay Rs 236.6 billion to PSO which included Rs 6.75 billion…

    PD projects Rs 1.89trillion circular debt in Pakistan by end of FY 2022

    By NewzTodays Editorial Team | February 18, 2022

    Ibn-e-Ameer Power Division has projected Rs 1.89 trillion circular debt stocks in Pakistan by end of the current financial year 2022. However, it will decline to the Rs 1.52 trillion mark by end of the next financial year 2023. In a briefing to the cabinet committee on energy (CCoE), the Power division informed the cabinet…

    Nepra slashes K Electric tariff by Rs 2.59 per unit

    By NewzTodays Editorial Team | February 17, 2022

    News Report There is good news for electricity consumers in Karachi as the power regulator on Thursday slashed power tariff by Rs 2.59 per unit for consumers K Electric. National Electric Power Regulatory Authority (Nepra) announced to cut power tariff on account of monthly fuel adjustment for the month of December 2021. It has issued…

    Price of Petrol up by Rs 12.03 per liter

    By NewzTodays Editorial Team | February 15, 2022

    The government on Tuesday dropped an oil bomb on the consumers by making a massive increase in the price of petrol by Rs 12.03 per liter. The price will be effective from February 16, 2022. The price of petrol in Pakistan has gone up Rs 159.86 per liter. The finance ministry in a statement said…

    CEO PTCL Group wants Fair Environment to Participate 5G auction

    By NewzTodays Editorial Team | February 11, 2022

    Hatem Bamatraf, president and the CEO PTCL group has shown willingness to participate G5 auction subject to licensing conditions and amount of auction. He said that they would participate like other service providers depending on licensing conditions and terms and auction amount. CEO also denied the rumors that Ufone was currently in the process of…

    EPCL forecasts reduction in PVC price

    By NewzTodays Editorial Team | February 9, 2022

    Ibn-e-Ameer EPCL management expects that PVC prices will come down as more capacities come online. EPCL management said in an analyst briefing on Wednesday. If the global price of PVC comes down due after more capacities come online, it will impact the EPCL price here in Pakistan. High-Temperature Direct Chlorination HTDC (energy efficiency project) and…