NEPRA hears KE request for highest ever Rs 10/Unit reduc tion for December FC A

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The National Electric Power Regulatory Authority (NEPRA) will be conducting a public hearing today, January 31, 2023, on KE s request for a reduction of Rs 10 26 /unit on account of Fuel Charge Adjustments (FCA) for December 2022 The FCA is reviewed every month as per the tariff regime applicable across the country and is usually applicable to the consumer's bills for one month only FCAs are linked with changes in global fuel prices and passed onto consumer bills under prescribed rules and regulations of NEPRA and the Government of Pakistan December s FCA request was lower primarily due to a reduction in prices of RLNG, furnace oil, and power purchased from CPPA-G by 17%, 15%, and 29% respectively as compared to September 2022 and better utilization of generation mix

For the past consecutive months, downward trends in prices of fuels have enabled KE to pass on benefits of negative FCA to customers Per NEPRA guidelines, after scrutiny of KE s submission, the Authority will issue instructions on the period during which these costs can be applied to consumer bills December FCA is likely to apply in February 2023 bills

A b o u t K - E l E c t r i c : K-Electric (KE) is a public listed company incorporated in Pakistan in 1913 as KESC Privatized in 2005 KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 square kilometers territory including Karachi and its adjoining areas The majority shares (66 4%) of the company are listed in the PSX owned by KES Power, a consortium of investors including Aljomaih Power Limited of Saudi Arabia National Industries Group (Holding) Kuwait, and the Infrastructure and Growth Capital Fund (IGCF) The Government of Pakistan is also a minority shareholder (24 36%) in the company

With improved accessibility, there will be a slew of new developments in the coming years including the establishment of tourism zones, new hotels, and tourist resorts along the CPEC routes

Ghulam also noted that as CPEC enters its second phase of high-quality development, more partnerships, joint ventures and travel are required “CPEC is an excellent example of the two countries friendship

We are constructing highways that will connect Pakistan from north to south, down to Karachi and ports, and a railway project will be implemented very soon ” “We have such a long, brotherly, wonderful relationship, and we must capitalize on it I think with the revival after the Covid-19 pandemic, Chinese people must be looking forward to going out of their homes and traveling to Pakistan ” Ghulam added

Passing- out ceremony held for 186 FIA probationar y assistant sub -inspec tors

The Motorway Training College in Shaikhupura hosted a passing-out ceremony for 186 FIA probationary assistant sub-inspectors DG FIA Mohsin Hassan Butt graced the occasion as the chief guest He addressed and inspected the parade Commandant Training College Syed Hashmat kamal, Director Training FIA Athar Waheed, and Deputy Commandant Atif Shehzad were also present at the occasion DG FIA Mohsin Hassan Butt also distributed honorary shields and certificates among the position holders He praised the matchless training legacy of Motor way Training college and said FIA selected Motorway Training College on the basis of its professional and modern training techniques He further added that FIA trainees are not only trained by focusing on core values like honesty and morality but also train to implement the rule of law without discrimination He thanked the staff of the Motorway Police Training College and instructed the successful officers to work with integrity and honesty in practical life pr

Emirates operates milestone demonstration flight powered with 100% Sustainable Aviation Fuel

Karachi: Emirates has operated its first milestone demonstration flight on a Boeing 777-300ER, powering one of its engines with 100% Sustainable Aviation Fuel (SAF) The flight took off from Dubai International Airport (DXB), and was commanded by Captain Fali Vajifdar and Captain Khalid Nasser Akram, flying for more than one hour over the Dubai coastline The demonstration flight powered by SAF holds particular significance as the UAE declares 2023 the ‘Year of Sustainability’ The year will showcase the UAE s commitment to seek innovative solutions to challenges such as energy, climate change and other issues related to sustainability The flight supports collective industry efforts to enable a future of 100% SAF flying and help advance the UAE’s sustainability objectives Emirates’ demonstration flight, the first in the Middle East and North Africa to be powered by 100% SAF, supports broader efforts to reduce lifecycle CO2 emissions as the industry looks to scale up its use of SAF pr