In a major policy shift aimed at modernizing the electricity billing process, the Government of Pakistan has decided to eliminate the role of manual meter readers in all power distribution companies (Discos), except Karachi Electric (KE). Under the newly approved initiative “Apna Meter Apni Reading,” consumers will now be responsible for recording and submitting their…
Saudi Aramco, the world’s largest oil producer, is set to launch its first branded gas station in Pakistan by the end of 2024. This move follows the company’s acquisition of a 40% stake in Gas & Oil Pakistan Ltd. (GO) in May 2024, marking Aramco’s first downstream retail investment in the country. The new gas…
Major Petrol Price Decrease: In a welcome move for consumers, the government has announced a substantial reduction in the prices of petrol and high-speed diesel (HSD). Effective immediately, the price of petrol has been slashed by up to Rs. 15.39 per liter to Rs. 273.10, while HSD sees a reduction of Rs. 7.88 per liter…
NEPRA has approved a hike of Rs. 5.40 per unit in power tariff for the fourth quarter of FY23. All consumers, except Lifeline and K-Electric customers, will be impacted by this and will pay it over three months. The ex-Wapda distribution companies (XWDISCOs) had filed their requests for adjustments on account of capacity charges, transmission…
