Frequent hike in energy rates to appease IPPs will dent PM vision of reducing production cost

The Federation of Pakistan Chambers of Commerce and Industry’s ruling group has resented the frequent jump in electricity tariff and petroleum products’ prices, which is made on behest of the IMF, besides appeasing the Independent Power Producers, stating the move will dent the Prime Minister’s vision of lowering cost of… Continue reading

Pact with IPPs good step but forensic audit must to save industry: FPCCI

As the production cost continues to go high and Pakistan has become uncompetitive in global market the Federation of Pakistan Chambers of Commerce & Industry has termed the government’s recent agreement with the Independent Power producers a right step in the right direction to lower cost of electricity generation, also… Continue reading

K-Electric is committed to industrial growth and Karachi

Karachi: K-Electric has been in close contact with the leading business associations and entities of Karachi since beginning of COVID-19 and resulting lockdown. KE representatives had these meetings to highlight the challenges on power supply situation in Karachi. The meetings were held with KIF, KATI, SITE, FBATI, SSHATI, NKATI and… Continue reading