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PESCO decreases Peshawar load shedding

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6 months ago

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Details: To relieve customers during the hot weather, PESCO has shortened the load shedding period on the 75 high-loss feeders to 12 hours.

Thirteen feeders located in Peshawar Circle, eighteen in Khyber, twenty-seven in DI Khan, thirteen in Bannu, three in Mardan, and one in Swabi are among the high-loss feeders.

To be clear, the PESCO will launch an operation against power thieves within the next 15 days, and load shedding relief will only last until losses start to decrease.

The ministry of power has been citing less recovery as the reason for the growing number of power outages, while KP ministers have been storming PESCO and other grid stations in the province over “excessive” loadshedding.

Chief Minister (CM) of Khyber Pakhtunkhwa (KP) Ali Amin Gandapur was targeted by Minister of Information and Broadcasting Atta Tarar on June 20 for allegedly “storming” a Dera Ismail Khan grid station.

The minister told a press conference in Islamabad that he could transport 1000 people to the grid station if the chief minister could only transport 100.

According to Atta Tarar, the provinces and the federal government should work together to find a mutually acceptable solution to the problems of line losses and electricity.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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6 days ago

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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