Govt to provide maximum relief to power consumers: Musadiq Malik

News Image

MG News | July 30, 2024 at 11:37 AM GMT+05:00

0:00

July 30, 2024 (MLN): Federal Minister for Petroleum Senator Musadiq Malik on Monday said that incumbent government has decided to provide maximum relief to power consumers, as APP reported.

Talking to a private television channel program, he said that 86% domestic consumers of electricity would enjoy relief and for this purpose, a sufficient amount had been allocated for extending subsidy to power consumers.

Besides domestic consumers, he said the subsidy has also been given to industrial sectors so that the factories could continue function without facing any difficulty.

Commenting on role of Independent Power Producers (IPPs), he said there is a need to revisit the agreements so that burden could be minimized on energy users in future.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 157,953.47
555.47M
1.14%
1775.65
ALLSHR 96,741.22
1,957.60M
1.16%
1110.83
KSE30 48,198.94
249.79M
1.09%
520.47
KMI30 232,694.17
290.89M
1.31%
3011.94
KMIALLSHR 65,027.13
1,019.78M
1.03%
660.37
BKTi 42,489.56
84.10M
1.35%
566.75
OGTi 31,779.36
15.21M
0.14%
43.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,320.00 118,295.00
116,115.00
1495.00
1.29%
BRENT CRUDE 68.26 68.32
67.34
0.31
0.46%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 94.50 94.50
94.50
0.95
1.02%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.03 64.11
63.11
0.33
0.52%
SUGAR #11 WORLD 16.09 16.27
16.09
-0.18
-1.11%

Chart of the Day


Latest News
September 18, 2025 at 05:16 PM GMT+05:00

Pakistan records FDI of $156m in August


September 18, 2025 at 04:41 PM GMT+05:00

PKR strengthens 3.42 paisa against USD


September 18, 2025 at 04:30 PM GMT+05:00

PKR’s REER index increases to 100.1 in August


September 18, 2025 at 04:18 PM GMT+05:00

PSX Closing Bell: Marching to a Higher Beat


September 18, 2025 at 03:58 PM GMT+05:00

Pakistan, Iran agree to deepen agricultural cooperation



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg