NEPRA reduces power tariff by Rs. 0.32 per unit

Staff Report

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has reduced the power tariff under monthly fuel adjustment by Rs. 0.32 per unit on Thursday.

Owing to the decrease of power production in October, NEPRA approved a reduction of Rs. 0.32 per unit for eight electricity distribution companies of the country. The concerned consumers will benefit from this power tariff reduction in next month’s bills.

NEPRA Chairman Khalid Saeed demanded, in an open hearing, the details of the power purchase agreement between Karachi Electric Supply Corporation (KESC) and the Central Power Purchase Company.

Khalid Saeed said on the occasion that apparently there is no chance of ending load shedding in the next two years. Trend Pk

Sugar Mills Association Confessed of Monopoly in Sugar Crisis: Mirza

Pakistan: Sugar Mills Association Confessed of Monopoly in Sugar Crisis: Mirza, Competition Commission Chairman Khalid Mirza says that Pakistan sugar mills association has confessed manipulation to get sugar production and distribution.
After the hearing of a case about monopoly in sugar industry, That sugar mill association confessed it violated competition ordinance and sought court’s relaxation under section 39. He told that the commission would decide about giving relaxation after November 24 hearing of the case. Competition Commission can fine up to Rs 50 million if charges of monopoly and manipulation are proven.

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Sugar Mills Association Confessed of Monopoly in Sugar Crisis: Mirza was first posted on November 14, 2009 at 4:34 pm.