Business
NEPRA to hear proposal on revised tariff structure | The Express Tribune
Govt moves to recover fixed costs without raising subsidy outlay; hearing set for Feb 10
Nepra officials warned Gepco over the illegal installation of Advanced Metering Infrastructure (AMI) on small meters. They said that the company was installing AMI without approval of the regulator and even without data backup. Photo: file
ISLAMABAD:
The power regulator is set to allow amendments in the tariff structure for power distribution companies, including K-Electric (KE), as part of a federal government proposal to rationalise electricity tariffs without increasing the overall subsidy burden.
Pakistan’s power regulator will hold a public hearing next week on the proposal, which seeks to revise fixed charges and rebalance variable rates across state-run distribution companies and KE, a move that could reshape electricity bills.
The National Electric Power Regulatory Authority (NEPRA) said the hearing will take place on February 10 to consider the government’s motion and policy guidelines aimed at introducing a uniform tariff structure for ex-WAPDA distribution companies and KE under the provisions of the NEPRA Act and applicable tariff rules.
According to the motion, the government has asked NEPRA to revise the applicable uniform tariff while remaining within the already approved consolidated revenue requirement of the power sector and the budgeted tariff differential subsidy of Rs249 billion.
The proposal seeks to better reflect the underlying cost structure of the power sector, particularly the recovery of fixed costs, which have increasingly weighed on the finances of power distribution companies.
The cabinet has already approved the uniform tariff framework and the government has submitted it to NEPRA for formal incorporation into the regulator’s schedule of tariffs.
Under the proposed framework, the plan includes the introduction of revised fixed charges and a rebalancing of variable per-unit rates in line with revenue requirements already determined for distribution companies.
For KE, the government has requested NEPRA to reconsider and issue a modified uniform tariff to maintain parity across the country while ensuring the utility recovers its approved revenue requirement.
The proposal also allows for targeted subsidies or cross-subsidies to be notified through amendments in existing statutory regulatory orders.
If approved, the proposed changes would not alter the overall subsidy envelope but could redistribute costs among different consumer categories, potentially increasing fixed charges while adjusting per-unit electricity rates.
NEPRA said the public hearing will be held both online and at its Islamabad headquarters, allowing consumers to submit written comments or present their views during the proceedings.
While hackers used to sneak into computer systems, intimidation of staff is now more common.
Source link
Olga Kefalogianni says the Greek government doesn’t want visitors to be “burdened” by biometric checks.
Source link
Business
Noel Tata part of 3-1 vote against Srinivasan, Singh at Tata edu trust – The Times of India
MUMBAI: Noel Tata has voted against the reappointment of Venu Srinivasan and Vijay Singh as trustees of Tata Education and Development Trust (TEDT), the largest corpus trust within Tata Trusts, in a move that widens fault lines within one of India’s most powerful philanthropic structures. It marks the first time Noel has made his opposition to the duo unequivocal.The vote, the last of four cast on the matter, added to a verdict that had already been sealed when Mehli Mistry became the first to oppose the duo’s extension, shortly after the trusteeship renewal circular was issued.Under TEDT’s governance rules, reappointments require unanimous consent among trustees – a threshold that had already been foreclosed by Mehli’s vote. Jehangir Mistry subsequently voted against both men as well. Srinivasan and Singh had each voted for the other. The tally stood at 3-1 against each of them.
Noel’s vote signals widening of Tata Trusts rift since ’25
Their tenures in an influential Tata trust that supports projects in India and abroad, formally expired on Sunday, May 10. Noel Tata voting against Srinivasan and Singh significantly curtails influence of both men within wider Tata Trusts ecosystem, even as they remain vice-chairmen of the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT) — the two apex trusts that together hold controlling stake in Tata Sons.The rift between Noel and the duo deepened after Srinivasan and Singh publicly backed a listing of Tata Sons, a move Noel opposed. In an email to Tata Trusts CEO, Mehli said “My affidavit in response to the board composition change report for SDTT explains the reasons why I chose to take such a decision.” According to the affidavit, Noel, Srinivasan and Singh had wrongly voted against him at SDTT. He also said that Srinivasan had taken part in the vote even though his term had already ended at SDTT. TEDT, with a corpus of Rs 5,600 crore, has been among the most prominent Indian donors to Ivy League institutions, including Harvard Business School and Cornell University, and owns and operates two cancer hospitals in India while supporting 17 others through grants.Following the board changes, Noel remains chairman and perpetual trustee of TEDT. Mehli continues in his role as perpetual trustee, while Jehangir holds a fixed-term trusteeship. With Srinivasan and Singh’s departure, TEDT now sits at the minimum threshold of three trustees permitted under its deed. An email sent to Noel did not elicit a response. The vote is the latest and most visible expression of a fracture within Tata Trusts that has been widening since late 2025. Established by former Tata Trusts chairman Ratan Tata in 2008, TEDT is perhaps the only trust within Tata Trusts that can support social projects in India and abroad.
Tom Brady gets back at Kevin Hart during Netflix roast
Mother’s Day was a chance to get close for Cardi B, Stefon Diggs
Cyber-crime increasingly coming with threats of physical violence
-
Politics1 week agoIran weighs US reply delivered via Pakistan as Trump signals opposition to deal terms
-
Fashion1 week agoAAFA pushes for swift US House passage of key anti-counterfeiting law
-
Fashion1 week agoUS’ J.Jill, Inc. appoints Kimberly Wallengren as CMO
-
Fashion1 week agoUS cotton export sales show strong recovery, Upland rise 36%
-
Sports1 week agoSajid Ali Sadpara summits world’s fifth-highest peak
-
Tech7 days agoDHS Demanded Google Surrender Data on Canadian’s Activity, Location Over Anti-ICE Posts
-
Fashion1 week agoICE cotton witnesses sharp rise on weaker dollar, strong exports
-
Business1 week agoHeineken to invest £44.5m in hundreds of pubs creating 850 jobs