Friday, 21 July 2023
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Thursday, 13 July 2023
LESCO, Severe wind and rain in Lahore, 50 feeders of LESCO dead shot, electricity supply suspended
Severe wind and rain in Lahore, 50 feeders of LESCO dead shot, electricity supply suspended
Heavy wind and rain occurred in Lahore and its surroundings last evening. More than 50 feeders were deadshot due to heavy wind and rain in different areas of Lesko region, due to which electricity supply was suspended in the affected areas. Due to heavy wind and rain, Northern And Sheikhupura Circle was the most affected. On the instructions of LESCO Chief Executive Engineer Shahid Haider, the field staff was put on high alert. The NTDC team completed the restoration work of three towers affected by heavy rains in Kangri area of Balochistan and 220 KV double circuit DG Khan - Loralai transmission line was successfully energized. National Disaster Management Authority Chairman Lt. Gen. Inam Haider Malik instructed the concerned agencies to be alert and take steps to continuously monitor rivers and streams in view of monsoon rains and possible floods.
Requests Against Withdrawal of Subsidy on Electricity for Export Sector Rejected
Requests against withdrawal of subsidy on electricity for export sector rejected
Justice Ali Baqir Najafi of the Lahore High Court rejected the petitions against withdrawing the subsidy given to the export sector, giving a safe decision on hundreds of petitions, the court declared that the federal government could withdraw the subsidy given, the court does not interfere in such cases. can, the Supreme Court has said in its judgment that the notification to withdraw the subsidy is in accordance with the law.
LESCO, Shortage of Material for Provision of Electricity, Meters, Poles, Conductors, Transformers
MLAs camped in LESCO headquarters, material short
Due to the election, the members of the national and provincial assemblies have accelerated the work of electricity supply in their constituencies, which has made it difficult for LESCO to meet the material. Sources said that the government assembly members are currently under intense pressure to provide electricity poles, meters, connections, a large number of government assembly members have camped at LESCO headquarters. Sitting in the offices of senior officers at the LESCO headquarters all day with lists of poles, meters, transformers, sources said that due to the financial crisis, the equipment was not purchased this year due to which the stores lacked meters, poles, conductors, transformers. There is a severe shortage, due to the shortage of dollars, the State Bank is not opening LCs, which has also stopped the production of goods in private companies. Jahanzeb Badar, a member of LESCO Board of Directors, said that the record of the goods in the stores is being computerized, for which suggestions have been sought, the problem of shortage of goods will be solved in a few months.
Markup rate on GP fund of government employees fixed at 14.22%
The federal government has increased the rate of markup on GP Fund, according to the ongoing notification of the Ministry of Finance, the rate of markup on State Provident Fund (GP Fund) has been fixed at 14.22% for the financial year 2022-23. The rate was 12.40% in the financial year 2021-22 and 7.90% in the financial year 2020-21, the mark-up rate on GP fund of government employees will be 14.22% in the financial year 2022-23.












