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KE answers a plea over Karachi’s power shortages

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4 months ago

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Three persons have already passed away from the intense heat, the petitioner pointed out.

In spite of paying their bills on time, the petitioner claimed that homeowners continue to experience 12-hour power interruptions. The Supreme Court has previously decided against bringing such cases before the court directly, as K-Electric pointed out in its response to the petition.

load shedding will happen on feeders where there are losses, according to K-Electric’s statement. Advocate Muhammad Vawda, on the other hand, contended that K-Electric’s response is meaningless and unimportant. The National Electric Power Regulatory Authority (NEPRA) had already received a complaint from the petitioners, he noted, but NEPRA had not yet made a determination.

Further noting that the concerned feeder is classified as “no losses” by K-Electric, Advocate Vawda questioned why load shedding is occurring on a no-loss feeder. He claimed that NEPRA had done nothing and that K-Electric had broken the rules.

It was stressed in the petition that the citizens are suffering as a result of NEPRA and K-Electric’s cooperation. They are suffering from lengthy power outages, which is very upsetting even though they are paying their bills on time.

directing NEPRA to present a response at the upcoming hearing. The court postponed the hearing until August 5. With the goal of resolving the dispute, the Sindh High Court will address the points brought up and ask the parties involved for explanation.

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Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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22 hours ago

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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22 hours ago

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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22 hours ago

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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