electricity Archives - Page 3 of 6

Karachi Consumers to Get Relief in March Electricity Bills

March 8, 2025March 8, 2025Mrs. Anjum Shahnawaz

Islamabad, March 8, 2025 – Residents of Karachi are set to receive relief in their upcoming electricity bills as K-Electric, the city’s power utility, has submitted a provisional monthly Fuel Charges Adjustment (FCA) request for January 2025.

Govt Plans Rationalizing Net Metering for Electricity Consumers

March 3, 2025March 3, 2025Mrs. Anjum Shahnawaz

Federal Energy Minister Awais Leghari announced on Monday that the government is planning to “rationalize net metering,” ensuring that no additional financial burden is placed on other electricity consumers.

Government Plans to Auction Electricity to Industries: Leghari

January 28, 2025May 6, 2026Mrs. Anjum Shahnawaz

Islamabad, January 28, 2025 – Minister for Power Sardar Awais Leghari announced the government’s plan to auction surplus electricity generated within the country.

Power Generation Slumps by 3.4% in 1HFY25

January 20, 2025January 20, 2025Shahnawaz Akhter

Karachi, January 20, 2025 – Pakistan’s power generation declined by 3.4% during the first half (July–December) of the fiscal year 2024-25, highlighting challenges in the energy sector.

Cabinet Approves ISMO Setup for Low-Cost Electricity

October 9, 2024October 9, 2024Mrs. Anjum Shahnawaz

Islamabad, October 9, 2024 – In a transformative step towards revolutionizing Pakistan’s electricity market, the Cabinet Committee on Energy has officially approved the establishment of an Independent System and Market Operator (ISMO).

PM Shehbaz Promises Relief on Electricity Bills

August 15, 2024August 15, 2024Mrs. Anjum Shahnawaz

Islamabad, August 15, 2024 –Prime Minister Shehbaz Sharif assured the nation that they would soon receive “good news” regarding a reduction in the soaring electricity bills that have been burdening households across Pakistan.

Tax Collection Rise 70% as Electricity Bills Burden Consumers

August 14, 2024August 14, 2024Shahnawaz Akhter

Karachi, August 14, 2024 – The Federal Board of Revenue (FBR) has reported a remarkable 70% surge in advance tax collection from electricity bills during the fiscal year 2023-24. This increase is largely attributed to the escalating electricity tariffs, which have been a source of concern for both industrial and residential consumers across Pakistan.

PM Shehbaz Says Reducing Electricity Prices Top Priority

August 2, 2024August 2, 2024Mrs. Anjum Shahnawaz

Islamabad, August 2, 2024 – Prime Minister Shehbaz Sharif stated on Friday that the government is focused on providing relief to electricity consumers, emphasizing that reducing electricity prices is a key agenda for PML-N President Muhammad Nawaz Sharif, the government, and its allies.

Minister Assures Capacity Payment Issues Will Be Resolved Soon

August 1, 2024August 1, 2024Mrs. Anjum Shahnawaz

Islamabad, August 1, 2024 – Federal Minister for Power Awais Ahmad Khan Laghari has assured that the ongoing capacity payment issues affecting electricity tariffs will be resolved soon.

FBR Notifies Tax Rates on Electricity Consumption for 2024-25

July 28, 2024July 28, 2024Shahnawaz Akhter

Karachi, July 27, 2024 – The Federal Board of Revenue (FBR) has announced the new income tax rates on electricity consumption for the fiscal year 2024-25. The updated rates are part of the amendments made to the Income Tax Ordinance, 2001 through the Finance Act, 2024.

Tag: electricity