AIRLINK 80.55 Increased By ▲ 2.16 (2.76%)
BOP 5.28 Decreased By ▼ -0.06 (-1.12%)
CNERGY 4.35 Increased By ▲ 0.02 (0.46%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 77.33 Decreased By ▼ -1.18 (-1.5%)
FCCL 20.53 Decreased By ▼ -0.05 (-0.24%)
FFBL 31.15 Decreased By ▼ -1.15 (-3.56%)
FFL 10.00 Decreased By ▼ -0.22 (-2.15%)
GGL 10.35 Increased By ▲ 0.06 (0.58%)
HBL 117.75 Decreased By ▼ -0.75 (-0.63%)
HUBC 134.60 Decreased By ▼ -0.50 (-0.37%)
HUMNL 6.89 Increased By ▲ 0.02 (0.29%)
KEL 4.53 Increased By ▲ 0.36 (8.63%)
KOSM 4.76 Increased By ▲ 0.03 (0.63%)
MLCF 37.75 Decreased By ▼ -0.92 (-2.38%)
OGDC 134.76 Decreased By ▼ -0.09 (-0.07%)
PAEL 23.50 Increased By ▲ 0.10 (0.43%)
PIAA 26.62 Decreased By ▼ -0.02 (-0.08%)
PIBTL 7.01 Decreased By ▼ -0.01 (-0.14%)
PPL 113.04 Decreased By ▼ -0.41 (-0.36%)
PRL 27.80 Increased By ▲ 0.07 (0.25%)
PTC 14.76 Increased By ▲ 0.16 (1.1%)
SEARL 57.90 Increased By ▲ 1.40 (2.48%)
SNGP 67.00 Increased By ▲ 0.70 (1.06%)
SSGC 11.00 Increased By ▲ 0.06 (0.55%)
TELE 9.23 Increased By ▲ 0.08 (0.87%)
TPLP 11.60 Decreased By ▼ -0.07 (-0.6%)
TRG 72.60 Increased By ▲ 1.17 (1.64%)
UNITY 25.54 Increased By ▲ 1.03 (4.2%)
WTL 1.41 Increased By ▲ 0.08 (6.02%)
BR100 7,497 Increased By 3.8 (0.05%)
BR30 24,660 Increased By 101.6 (0.41%)
KSE100 71,933 Decreased By -118.9 (-0.16%)
KSE30 23,720 Decreased By -87.4 (-0.37%)
Pakistan

Energy saving plan: govt to seek provinces’ support for early closure of markets, restaurants

  • Defence Minister Khawaja Asif says final decision to be taken on Thursday, stresses that few steps can help save billions of rupees
Published December 20, 2022

Unveiling its energy conservation roadmap, the government said all markets and restaurants will be shut down at 8pm, adding that it will approach the provinces for the implementation of this policy.

The announcement came after the cabinet meeting. Defence Minister Khawaja Asif said a final decision would be taken by Thursday. He said estimates had shown that if 20% of the government workforce worked from home on a rotation basis, Rs56 billion could be saved.

He also said the timing of wedding halls would be limited to 10pm, while restaurants, hotels and markets would close down by 8pm. However, he said that there may be some room for the closing time for restaurants to be extended by an hour.

The minister further said that energy-efficient fans and bulbs would soon be introduced in the market, which would help save Rs38 billion.

"If street lights are used alternatively, we would be able to save Rs4 billion.”

Asif said that the Ministry of Information would be running a media campaign to spread awareness regarding these new measures.

“In the next few days, we will be approaching all the provinces with this national project and then on Thursday the final approval of the conservation policy will be given,” the minister said.

Earlier, Business Recorder reported that the Ministry of Energy has prepared an energy conservation roadmap which will save over Rs250 billion with measures to be approved by the federal and provincial governments.

Rs250bn saving anticipated: ‘Energy conservation roadmap’ readied

Sources said that the government has set deadline of July 1, 2023 to stop manufacturing of inefficient fans after which tax/duty will be imposed on inefficient fans.

The government is expecting a revenue of Rs15 billion through this step.

The sources said government has also set deadline of February 1, 2023 to stop manufacturing of incandescent bulbs. Imposition of tax/duty on incandescent bulbs will generate revenue of Rs22 billion. Public sector organisations only to procure LED/energy efficient equipment.

The development comes as Pakistan battles a growing financial crunch with talks ongoing with the International Monetary Fund (IMF) over the 9th review of its bailout programme.

Comments

Comments are closed.

Shabbir Kazmi Dec 20, 2022 04:48pm
I have yet to know a country where offices and shops are closed for saving electricity. Strange, the government is paying billions of rupees as capacity charges to IPPs without buying buying a unit.
thumb_up Recommended (0)
ALI RAZA MEGHANI Dec 20, 2022 04:55pm
As per my knowledge we have to pay ipp on production not on consumption un able to understand the benefit
thumb_up Recommended (0)
Dr. Malaria amadick Dec 20, 2022 04:57pm
Why is the defence minister saying this? How is this connected to him?
thumb_up Recommended (0)