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  • PAKISTAN
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    Israel launches deadly strike on Gaza’s Indonesian Hospital as death toll crosses 13,000

    Israel launches ground assault on Gaza City

    China FM says Palestinian factions agree to set up reconciliation government

    Calls grow to shift UNGA session to Geneva after Trump administration refused visas to Palestinian President

    Nepal Prime Minister quits as anti-corruption protests spiral

    Nepal Prime Minister quits as anti-corruption protests spiral

    “Indus Echoes” Announces Release Dates for Hyderabad, Larkana

    “Indus Echoes” Announces Release Dates for Hyderabad, Larkana

    Israeli civilian shot dead Palestinian man in West Bank

    Israel claims 40% control of Gaza

    Indonesia: Earthquake shakes island Java killed 44

    Death toll in Afghanistan earthquake reaches 1400

    International Rescuers to reach Afghan quake survivors

    Afghanistan earthquake kills 622 with more than 1,500 injured

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    Two Israeli soldiers killed, 13 injured, four missing

    Trump-Zelensky clash in Oval Office shouting match

    US approves $825 mn missile sale to Ukraine

  • BUSINESS
    FBR introduces new law mandating NOC for property transactions

    FBR chief dismisses reports of Rs100bn loss in faceless customs system

    Pakistan imports 450000 metric tons wheat from Russia

    Wheat price slashed in Karachi

    FBR introduces new law mandating NOC for property transactions

    FBR reports 16pc rise in monthly tax collection for August

    Relief Activities would continue for two years, Ahsan Iqbal

    Severe flooding in Punjab poses threat to Pakistan’s economy

    Govt notifies major amendments in pension rules

    EOBI pensioners to receive 15pc increase

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    Govt likely to drop petrol prices

    Utility stores passes subsidy removal burden to poor

    ECC okays Rs30.2bn grant for Utility Stores Corporation closure

    Nepra uncovers serious irregularities in billing, meter readings

    ECC approves major relief for power consumers

    IMF reaches staff-level agreement with Pakistan on final review of $3bn SBA

    IMF suggests insurance cover for losses in natural calamities

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    Logan Paul, Nina Agdal addresses split rumours weeks after their marriage

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    Shahid Kapoor reveals why he chose to take ‘outside route’ to Bollywood

    Shahid Kapoor reveals his Sunday rituals

    Here’s truth behind viral photo of Sidharth Malhotra & Kiara Advani’s daughter

    Here’s truth behind viral photo of Sidharth Malhotra & Kiara Advani’s daughter

    Indian actor-singer Anjali Raghav quits industry after accusing co-star of inappropriate touch

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Home PAKISTAN

Govt decides to relax times for markets to remain open 8:30pm

Govt decides to relax times for markets to remain open 8:30pm

Web Desk by Web Desk
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The federal government has decided to relax times for markets to remain open 30 minutes longer until 8:30pm as it seeks to introduce new measures to further lower the country’s power bill by including in building codes new measures for the use of more energy efficient appliances and utilities while increasing the mix of indigenously produced power.

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This was stated by Federal Defence Minister Khawaja Asif while addressing a news briefing after Tuesday’s meeting of the federal cabinet.

He was accompanied by Federal Information Minister Marriyam Aurangzeb, Federal Power Minister Khurram Dastgir Khan, Federal Climate Change Minister Sherry Rehman and Federal Minister for Housing and Works Abdul Wasay.

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Asif lamented that we continue to use inefficient appliances with fans alone consuming around 12,000 Megawatts of power at peak.

He added that our expansive and luxurious lifestyle does not match our resources.

He added that the prime minister had directed to lower power bill of all federal government institutions by 30% and to refrain from unnecessary use of lights and other such appliances.

The federal cabinet, he said, has agreed to implement an energy saving plan presented by the power division.

The main points of the plan include

  1. All Shadi halls to close at 10pm
  2. Markets to close at 8:30pm (relaxation of 30 minutes given after discussion with traders)
  3. Restaurants will also close early, he said.

These measures will help the government make savings of around Rs62 billion.

“Inefficient fans will not be manufactured in Pakistani factories from July 1, 2023, onwards. Additional duty will be imposed on import of inefficient fans<” he said. This will help save Rs15 billion.

In peak summer, we consume around 29,000 MW of power, which falls to 12,000 MW in winters.

Of the 17,000 MW of excess power used in summers, around 5,300mw is consumed by air conditioners and the rest, around 12,000 is used by fans.

The power we use to avert the heat is around 18,000 mw. There is a higher percentage of inefficient fans which use 120-130 watts.

“There are fans in the market which consume 60-80 watts while fans consuming just 40 watts have been introduced.”

From February 1, 2023, the manufacture of incandescent bulbs will not be allowed. Duty will be imposed on their import as well.

Asif said that these bulbs are manufactured in two factories in Pakistan, one is near Lahore and the other near Peshawar. Since they manufacture other types of bulbs, there will be no loss of jobs through this move.

By eliminating the use of these bulbs, he said, the country will save around Rs22 billion.

All government organizations will adopt energy efficient appliances including energy efficient fans and bulbs.

Power-related reforms are also being made in the housing sector as well.

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Voice of Sindh is an initiative designed to uncover the untold stories of Sindh. It aims to preserve and promote the diverse culture, heritage, history, and traditions that make Sindh the bastion of pluralism and progress.

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