HUBC informs about various options proposed by CCoE for reducing power tariff

MG News | April 20, 2020 at 02:48 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 20, 2020 (MLN): Hub Power Company Limited has informed that the Cabinet Committee on Energy (CCoE) in its meeting held on 2 April 2020, under the Chairmanship of the Federal Minister for Energy, Omar Ayub, has deliberated various viable and mutually acceptable options to bring about a reduction in the power tariff for the end-consumer.

The first meeting between the Committee and the IPPs (including HUBCO) was held on 16 April 2020 where the Federal Minister emphasized the reduction and relief in the cost of electricity and resolution in the quantum of capacity payments.

A technical committee has been constituted to consult with the IPPs on the above-mentioned objective and for seeking recommendations from IPPs on proposed areas of tariff reduction, the company further informed.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	174,429.93 266.16M	-0.97% -1703.64
ALLSHR	105,686.64 690.97M	-0.83% -882.18
KSE30	52,098.85 92.59M	-1.07% -565.05
KMI30	245,280.51 99.76M	-1.03% -2557.91
KMIALLSHR	67,681.60 339.32M	-0.84% -574.20
BKTi	49,745.96 31.42M	-0.99% -497.94
OGTi	34,431.76 6.26M	-0.55% -190.66

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,045.00	66,165.00 65,895.00	35.00 0.05%
BRENT CRUDE	95.50	95.63 91.31	4.49 4.93%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.25 -1.17%
ROTTERDAM COAL MONTHLY	119.65	0.00 0.00	-0.45 -0.37%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	87.96	88.40 87.32	1.13 1.30%
SUGAR #11 WORLD	14.75	14.94 14.67	-0.13 -0.87%