The Power Division has put a temporary hold on its much-anticipated net metering tariff rationalization plan, citing public pressure following recent electricity price hikes. Initially set for completion by May 2024, the plan’s deadline has been repeatedly extended, with the latest target date being September 30, 2024.
Sources revealed that the Power Division has informed the Prime Minister’s Office that, given the current sensitivity surrounding the rising tariffs, discussions on the net metering proposal will resume when the time is deemed more appropriate, though no specific date has been set.
The proposal to revise the net metering buyback rate is ready but awaits further reforms and stakeholder consultations. Meanwhile, the Power Division continues its efforts to restructure the National Transmission and Dispatch Company (NTDC) and explore the possibility of introducing a Competitive Electricity Market.
inDrive, a global mobility and urban services platform, has joined hands with Essa Labs to…
tapmad Entertainment has cemented its position as a pioneer in Pakistan’s digital entertainment space, not…
Airblue, one of the country’s leading private airlines, has announced a 14% discount on selected…
The Pakistan eCommerce Association (PEA) has urged the government to reduce the tax burden on…
From highlighting the need for affordable smartphones and universal internet to pushing for a cashless,…
Kaspersky research findings show that 42% of children surveyed from the Middle East, Turkiye and…
This website uses cookies.
