NA body seeks complete details of contracts made with IPPs

News Image

MG News | October 04, 2024 at 09:49 AM GMT+05:00

0:00

October 04, 2024 (MLN): The National Assembly Standing Committee on Power Division on Thursday sought complete detail of contracts made with Independent Power Producers (IPPs) in the next meeting, as APP reported.

The committee which met with Muhammad Idress in the Chair appreciated the constitution of Special Task Force to review the contracts made by the successive governments with Independent Power Producers (IPPs) to lessen the overburden on consumers in terms of electricity bills.

The committee, however, directed that Energy (Power Division) may take stringent measures to prevent the consumers from overcharging in different heads of electricity bills and unnecessary load-shedding in different areas of the country and report back to the committee in its next meeting.

The committee expressed concern over the poor performance of K-Electric and decided to convene its next meeting in Karachi to witness the performance of K-Electric so that complaints against K-Electric could be addressed properly.

Earlier, the Secretary Energy (Power Division) briefly apprised about the efforts made by them to overcome the problems of overbilling and other issues related to electricity and problems faced by them in this regards.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 163,227.63
43.45M
0.66%
1063.82
ALLSHR 99,421.37
107.03M
0.64%
632.05
KSE30 49,802.15
26.12M
0.78%
383.55
KMI30 237,544.59
9.95M
0.83%
1951.79
KMIALLSHR 65,395.61
31.81M
0.68%
440.45
BKTi 45,780.10
18.78M
0.75%
342.34
OGTi 32,317.44
0.36M
0.52%
167.30
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 113,950.00 114,720.00
113,645.00
-1120.00
-0.97%
BRENT CRUDE 65.49 65.76
65.36
-0.13
-0.20%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.00
-1.23%
ROTTERDAM COAL MONTHLY 92.50 92.50
92.50
0.35
0.38%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 61.18 61.50
61.10
-0.13
-0.21%
SUGAR #11 WORLD 14.47 15.04
14.34
-0.50
-3.34%

Chart of the Day


Latest News
October 28, 2025 at 09:35 AM GMT+05:00

Asia market declines amid global uncertainty


October 28, 2025 at 09:26 AM GMT+05:00

NBP issues foreign exchange rates


October 28, 2025 at 09:17 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


October 27, 2025 at 05:25 PM GMT+05:00

Pakistan aims to double trade with UAE to $20bn


October 27, 2025 at 04:54 PM GMT+05:00

Pakistan goes AI with Meta, MoITT



Top 5 things to watch in this week

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