Pakistan News

    Coct Electricity Tariffs In Pakistan

  • No more increase in gas, electricity tariffs: PM

    GHALANAI/PESHAWAR: Prime Minister Imran Khan on Monday said his government would no more increase gas and electricity rates as inflation had been contained and prices of essential commodities started coming down...

    He said that due to the 15-year gas contract signed by the previous government, Pakistan was getting gas supply at higher rates in the world...

  • Sri Lanka raises electricity tariffs by up to 264pc

    Sri Lanka’s state-run electricity monopoly will raise tariffs by a stinging 264 per cent for people consuming the least, it announced on Tuesday, while higher users will face a smaller increase...

    The loss-making Ceylon Electricity Board (CEB) said the regulator had allowed it to carry out the sharp increases, the first in nine years, from Wednesday to recoup part of its accumulated losses of $616 million...

  • Pakistan cannot increase tariffs or taxes, IMF told: Shaukat Tarin

    Finance Minister Shaukat Tarin said on Wednesday that the International Monetary Fund (IMF) had been informed that Pakistan didn't currently have the capacity to raise its tariffs or taxes under the IMF programme, adding that the World Bank and IMF had been sympathetic to the point of view...

    Addressing his first press conference in Islamabad after assuming the charge as finance minister, Tarin said: "Pakistan has not yet come out of...

  • Higher power tariffs as regulator is compromised

    To its embarrassment, a parliamentarian from the opposition Pakistan Tehrik-e-Insaf alleged the regulator was threatening for support...

    As if that was not enough, the regulator had to withdraw a petition from the apex court after sensing that it may even lose gains secured under the judicial activism of former Chief Justice of Pakistan Iftikhar Muhammad Chaudhry...

  • Tariffs, trade and taxation

    In Pakistan, the nominal exchange rate remained stable from 2001 to 2008 and export receipts doubled...

    Pakistan’s exports — one-third of India’s in 1990 — have fallen to a tenth; Bangladesh — once only one-third of Pakistan’s — now exceed by almost $10 billion...

  • Fixing power tariffs

    THE government’s move to seek lower power tariffs in renewable and LNG-based power plants is laudable but it also reveals significant weaknesses in crucial areas in our power-sector management...

    In an unusual move, the ministry of water and power has said that the power regulator, Nepra, has set tariffs for renewable, hydropower and some LNG plants far above their market value, and underlined that it will not be notifying these...

  • Wasa wants to increase water tariffs

    RAWALPINDI: The Water and Sanitation Agency (Wasa) has requested the Punjab government to increase its subsidy from Rs200 million to Rs500 million or allow the agency to increase the water tariffs which remained unchanged for about 10 years...

    A senior official of Wasa told Dawn that the agency’s expenditures had increased due to the rising electricity tariffs and the subsidy given by the government was consumed on the payment of the...

  • Nepra does away with upfront tariffs for new wind projects

    ISLAMABAD: Doing away with expensive upfront tariffs, the National Electric Power Regulatory Authority (Nepra) on Friday announced around 20 per cent lower benchmark tariff for competitive bidding for all future wind power projects to take advantage of the declining international technology prices...

    Over the past few years, wind power producers were offered upfront tariffs of 17 cents per unit, followed by 15 cents per unit and...

  • Govt plans to move towards market-driven power tariffs

    ISLAMABAD: With enough generation capacity contracted for the next five to 10 years, the government plans to gradually move towards international competitive bidding for lowest tariff for future power projects, ending current practice of inviting investments on upfront tariffs...

    As a first step towards market-driven tariffs, the National Elec­tric Power Regulatory Authority (Nepra) has cleared a total of seven hydropower projects in...

  • Debating solar tariffs

    I mentioned that the upfront solar tariff originally set in Pakistan was Rs17 per unit, later revised down to Rs11...

    Tariffs for renewable energy are difficult to compare from one country to the next...

  • Trump tariffs have world traders steeling for conflict

    PARIS: By opting to place heavy tariffs on imports of steel and aluminium, US President Donald Trump is on the surface hoping to protect jobs at home...

    Trump says he will impose next week 25 per cent tariffs on steel imports and 10pc on aluminium in a policy move that has caused consternation around the world, from the European Union to Canada via China...

  • Surcharges on power tariffs to continue

    35 per unit surcharges on electricity imposed in 2014 on all the electricity consumers...

    This included Neelum-Jhelum surcharge imposed in 2008 that should be continued until June 2018 at the rate of 10 paisa per unit on all electricity consumers of Discos except lifeline domestic consumers...

  • Trump to impose tariffs on $50 bn in Chinese imports: White House

    President Donald Trump will impose tariffs on about $50 billion in Chinese goods imports to retaliate against the alleged theft of American intellectual property, White House officials said on Thursday...

    The products subject to the new tariffs have not yet been officially identified and Thursday's announcement did not immediately impose new import duties...

  • China threatens US with tariffs, says 'not afraid of trade war'

    China warned Washington on Friday that it was “not afraid of a trade war” as it threatened tariffs on $3 billion worth of United States (US) goods in retaliation over President Donald Trump's moves against Chinese imports...

    The action did not immediately impose any new tariffs, but within two weeks US Trade Representative Robert Lighthizer is due to publish a list of the products that could be hit with tariffs, which will be followed...

  • US stocks tumble, Dow dips 750 points as China puts tariffs on US goods

    China raised import duties on a $3 billion list of US goods in response to the tariffs on imported steel and aluminium that President Donald Trump ordered last month...

    After a month of public negotiations between the US and several other countries, Monday marked the first time another country has formally placed tariffs on US goods in response to the Trump administration's recent trade sanctions...

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