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NEPRA notifies relief for power consumers
Source: Geo News | 02-12-2013

National Electric Power Regulatory Authority (NEPRA) has issued a notification regarding provision of relief to power consumers after a review of the previous fiscal year's fuel price adjustment.

According to the notification, the regulatory authority has decided to reduce the price of power used in July 2012 by 86 paisa per unit, 58 paisa per unit in August, 70 paisa per unit in October, 85 paisa per unit in November, 51 paisa per unit in December, 87 paisa per unit in January 2013, 42 paisa per unit in February, Rs 2.39 per unit in March, Rs 2.52 per unit in April, and 93 paisa per unit in May 2013.

The power distributing companies (Discos) would give relief to the consumers in monthly bills with effect from the notification date. The decision of providing relief will not be applicable to the power consumers belonging to Karachi and Peshawar.

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Wapda to introduce pre-paid meters to streamline recovery With public and private consumers having defaulted on payment of Rs426 billion electricity bills, the government has decided to introduce pre-paid meters for government institutions, make at-source deductions from provincial revenues and determine fixed amounts to be paid to Wapda employees, instead of providing free electricity.   This was stated..... Read more
Source: The Nation | 20-12-2012
FBR to probe leakage of info Federal Board of Revenue Chairman Ali Arshad Hakeem on Wednesday assured the Senate body that FBR would constitute a fact-finding enquiry committee to hold investigation over the disclosure of information of tax returns of the parliamentarians to the Press and would present the report within two week. The Senate Standing Committee on Finance and Re..... Read more
Source: The Nation | 24-01-2013
KSE gains 14.58 points on foreign interest  Stocks closed higher amid higher trades in the earnings announcements session at KSE on strong valuations.At local equity market benchmark KSE-100 share index added 14.58 points or 0.09 percent to close the day at 16,908.67 points as compared to 16,894.09 points of the previous day. Equity dealer at Topline Securities Samar Iqbal said mixed activity..... Read more
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