Federal Budget: Subsidies to fall by 54%
KARACHI: The government is reducing its targeted subsidy balance by 54% YoY to Rs699 billion for FY23. The subsidies granted to Independent Power Producers (IPPs) and Pakistan Holdings Private Limited…
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…
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…
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…