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NEPRA Proposes Multiple Installments for Electricity Bill Payments to Ease Consumer Burden

Khashif Sarfraz
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NEPRA Proposes Multiple Installments for Electricity Bill Payments to Ease Consumer Burden

NEPRA Proposes Installment-Based Electricity Bill Payments

Islamabad, Pakistan — In a move aimed at alleviating the financial burden on electricity consumers, the National Electric Power Regulatory Authority (NEPRA) has proposed allowing electricity bills to be paid in multiple installments throughout the year. This would replace the current system, which permits only one installment annually.

The proposal, part of amendments to NEPRA’s Consumer Service Manual, seeks to balance the financial needs of consumers with the revenue requirements of power distribution companies (DISCOs).

Key Highlights of the Proposal

  1. Multiple Installments:
    NEPRA’s proposed amendments would allow electricity consumers to split their bill payments into multiple installments within a year.
  2. Markup-Free Installments:
    Consumers who make timely payments on their first installment will not incur any additional markup.
  3. Markup on Delayed Payments:
    A 14% markup may be charged by DISCOs on subsequent installments if they are delayed.
  4. Public Feedback:
    NEPRA has invited public and stakeholder feedback on these amendments within seven days of the announcement.

Balancing Consumer Relief and Revenue Needs

The proposed changes are designed to provide financial relief to consumers while ensuring DISCOs can meet their revenue requirements. By offering an installment-based system, NEPRA aims to ease cash flow challenges for households and businesses that struggle with lump-sum bill payments.

These amendments reflect NEPRA’s ongoing commitment to balancing the needs of consumers and energy providers. The Consumer Service Manual was last amended in June 2024, showcasing NEPRA’s adaptability to evolving consumer and industry demands.

Next Steps

NEPRA has urged all stakeholders, including the general public, to provide their feedback on these amendments. The proposed changes could mark a significant shift in utility payment structures across Pakistan, offering much-needed financial flexibility to consumers.

Conclusion

NEPRA’s proposed installment-based electricity bill payment system represents a forward-thinking approach to utility management in Pakistan. If approved, these amendments could reduce financial stress on consumers while maintaining revenue stability for DISCOs.

For more updates on this and other developments in Pakistan’s energy sector, stay tuned to our blog!

Shan Masood’s Vision for Pakistan’s ICC World Test Championship Journey

Khashif Sarfraz
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Shan Masood’s Vision for Pakistan’s ICC World Test Championship Journey

Pakistan’s Dominant Test Victory Over West Indies

Pakistan’s Test captain, Shan Masood, laid out a clear plan for his team’s journey to the ICC World Test Championship (WTC) 2025-27 final, following a commanding victory against the West Indies in the first Test. The match, completed in just 125 overs, showcased Pakistan’s adaptability and dominance in home conditions.

During a press conference, Masood highlighted the importance of consistency, strategic planning, and playing more Test matches to secure a spot in the WTC final.

Masood’s Blueprint for WTC Success

Masood emphasized the need for balance between home and away performances to ensure Pakistan’s advancement in the championship.

  • Home Advantage: Winning all three home series is critical.
  • Away Challenges: Securing at least one win and one draw in each away series is part of the strategy.

Masood dismissed criticisms of the Multan pitch, urging a shift in focus to the team’s overall performance and long-term strategy.

“People need to stop focusing on the pitch,” Masood said. “Every surface behaves differently. If fast bowlers don’t find help on a certain pitch, it’s not a concern. Our focus is on adapting to the conditions and playing strategically.”

Ramiz Raja Reflects on the Victory

Former PCB Chairman Ramiz Raja praised Pakistan’s victory, calling it a dominant performance that exposed the West Indies’ struggles against spin.

“This Test match was pocketed with authority,” Ramiz said. “The square-turning pitch exposed the West Indies’ lack of quality in dealing with spin.”

He highlighted the game-changing 141-run partnership between Mohammad Rizwan and Saud Shakeel in the first innings, which gave Pakistan a commanding position.

Spin Attack Steals the Show

Pakistan’s trio of spinners—Abrar Ahmed, Noman Ali, and Sajid Khan—played a pivotal role in dismantling the West Indies’ batting lineup.

  • Abrar Ahmed: Praised for his relentless accuracy.
  • Noman Ali: Deceptive with variations on a spinning track.
  • Sajid Khan: Effective with his wide angles and versatility.

Together, they created an ideal combination that exploited the pitch conditions to perfection.

Lessons for the West Indies

Ramiz Raja urged the West Indies to learn from this defeat, emphasizing the need to improve their batting against spin and develop better strategies for future series.

“This should be a wake-up call for the West Indies. For Pakistan, it’s a golden opportunity to win the series 2-0 and build momentum for the home season,” he concluded.

National Stadium Karachi Nears Completion for ICC Champions Trophy 2025

Khashif Sarfraz
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National Stadium Karachi Nears Completion for ICC Champions Trophy 2025

Renovation Progress Reaches Final Phase

The renovation and upgrade of National Stadium Karachi for the ICC Champions Trophy 2025 have entered the final phase, with construction now set to meet the January 31 deadline after multiple extensions. Arshad Khan, General Manager of the stadium, and Project Manager Mohammad Bilal Chohan assured the media that the stadium would be fully ready to host the mega event.

The project, which began on October 22, 2024, under the approval of the PCB Governing Board, was initially expected to complete in phases by December 15 but saw delays. Now, finishing touches are underway to ensure readiness for the event’s opening ceremony on February 19.

Key Renovations and Additions

  1. Five-Story Building:
    • Ground floor: ICC Anti-Corruption and Anti-Doping Units, physiotherapy rooms, and match officials’ facilities.
    • Second floor: Two modern dressing rooms nearing completion.
    • Third and fourth floors: 24 hospitality boxes with a capacity for 1,000 guests.
    • Fifth floor: Chairman’s boxes and administration block, on track for completion.
  2. Guest and Team Access:
    • A new corridor and modern player entry/exit route resembling international stadiums.
    • VIP pavilions and separate entrances for each floor, with state-of-the-art elevators for convenience.
  3. Lighting and Visual Enhancements:
    • 360 LED floodlights installed on six poles, each costing Rs1.2 million (total cost: Rs430 million).
    • Two additional floodlight poles for practice sessions at the Oval Ground.
    • Three 3D logos added for improved aesthetics.
  4. Parking and Seating:
    • Parking for 2,700 vehicles ready, pending ICC approval.
    • Temporary seating capacity reduced from 32,000 to 28,000 due to construction, with an additional 2,000 seats available in the pavilion.

Adjustments for Upcoming Matches

The ongoing renovations have resulted in the relocation of key matches:

  • Quaid-e-Azam Trophy Final: Shifted to UBL Ground.
  • First Test Against West Indies (January 17–21): Moved to Multan.

Pakistan Announces Preliminary Squad for ICC Champions Trophy 2025

Champions Trophy Schedule in Karachi

  1. Opening Ceremony: February 19.
  2. Opening Match: Pakistan vs. New Zealand on February 19.
  3. Second Match: Afghanistan vs. South Africa on February 21.
  4. Third Match: England vs. South Africa on March 1.

Investment and Focus

With a total investment of Rs3.5 billion, the renovation prioritizes safety, security, and a world-class cricketing experience. The completion of these upgrades will allow Karachi to host three critical matches in the tournament.

Jomel Warrican’s Record-Breaking Performance Stuns Pakistan

Khashif Sarfraz
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Jomel Warrican’s Record-Breaking Performance Stuns Pakistan

Historic Bowling Display by Jomel Warrican

West Indies spinner Jomel Warrican made history on Sunday with a sensational seven-wicket haul against Pakistan during the first Test in Multan. Warrican became the first West Indies bowler to claim a five-wicket haul on Pakistani soil since 1959, breaking Sonny Ramadhin’s 66-year-old record of 4/25.

Warrican’s remarkable control of line and length spearheaded Pakistan’s collapse, with the hosts losing seven wickets for just 51 runs in their second innings. The spinner’s impressive figures of 7-31 restricted Pakistan to 157 all out, keeping the West Indies in contention.

Milestones and Records

  • Warrican’s spell was characterized by precise bowling at speeds around 70kph, consistently troubling Pakistan’s batsmen on a turning track.
  • His performance marked the best bowling figures by a West Indian spinner in Pakistan.
  • Gudakesh Motie also etched his name into the record books, becoming the first spinner in 113 years to bowl the opening delivery of a Test match’s first innings.

This unique milestone occurred on January 17, 2025, during the first Test in Multan. Foggy conditions delayed the start of play, with Pakistan opting to bat first after winning the toss.

A Match to Remember

Warrican’s heroics and Motie’s historic opening delivery highlight the West Indies’ tactical shift to adapt to the spin-friendly conditions in Multan. While Pakistan remains in the lead, Warrican’s stellar performance ensures that the visitors remain competitive in this highly engaging Test series.

Noman Ali and Sajid Khan Shine as Pakistan Take Command Against West Indies in Multan Test

Khashif Sarfraz
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Noman Ali and Sajid Khan Shine as Pakistan Take Command Against West Indies in Multan Test

Spin Duo Leads Pakistan to Dominance

Noman Ali and Sajid Khan delivered a sensational performance on a spin-friendly Multan pitch, guiding Pakistan to a commanding position against the West Indies in the first Test. The duo claimed nine wickets between them, dismissing the visitors for just 137 in response to Pakistan’s 230 all out.

At the end of the second day, Pakistan had stretched their lead to 202 runs, finishing at 109-3 in their second innings. Kamran Ghulam and Saud Shakeel were unbeaten on nine and two, respectively, when bad light ended play 25 minutes early.

Noman and Sajid Wreak Havoc

The Multan pitch, dry and grassless, offered substantial turn and bounce, allowing the spinners to dominate. Noman Ali registered figures of 5-39, marking his seventh five-wicket haul in Tests, while Sajid Khan contributed with 4-65.

Sajid set the tone early, dismantling the West Indies’ top order by removing Mikyle Louis (1), Keacy Carty (0), Kraigg Brathwaite (11), and Kavem Hodge (4) in his first three overs. Noman continued the assault, claiming four quick wickets to leave the tourists reeling at 66-8.

Despite the collapse, West Indies’ tailenders showed resilience. Jomel Warrican, batting at number 10, remained unbeaten on 31, and Gudakesh Motie contributed 19 runs. Jayden Seales hit three sixes in his 22-run cameo before falling to Abrar Ahmed, as the visitors were bowled out in just 25.2 overs.

Pakistan’s Batting: Key Contributions

Pakistan’s second innings saw an opening stand of 67 runs, but Jomel Warrican struck twice, dismissing Muhammad Hurraira (29) and Babar Azam (5). Skipper Shan Masood fought valiantly, scoring 52 with two sixes and two fours, before a run-out ended his innings.

Earlier, in the first innings, Saud Shakeel and Mohammad Rizwan rescued Pakistan from a shaky start. The pair added 141 runs for the fifth wicket, lifting Pakistan from 46-4 to a respectable total. Shakeel top-scored with 84 off 157 balls, while Rizwan contributed 71.

The West Indies’ bowling attack, led by Warrican (3-69) and Seales (3-63), had Pakistan on the ropes at various stages but failed to sustain pressure throughout.

Player Insights

  • Sajid Khan expressed confidence in Pakistan’s position, saying, “If we take our lead over 300, we can win this Test.” He also praised Noman Ali, adding, “It’s great to bowl with Noman, who always guides me.”
  • West Indies’ Jomel Warrican emphasized the need to keep Pakistan’s lead under 250, saying, “We need a good comeback in our second innings on this spin-favouring pitch.”

Fog and Poor Visibility Impact Play

The match has been affected by foggy conditions, with two-and-a-half hours lost on day one and another 30 minutes on day two due to poor visibility. Despite these interruptions, the Multan pitch has already yielded 23 wickets in six sessions, promising an exciting conclusion to the match.

Sajid Khan Becomes Third-Fastest Pakistani Bowler to Claim 50 Test Wickets

Khashif Sarfraz
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Sajid Khan Becomes Third-Fastest Pakistani Bowler to Claim 50 Test Wickets

A Historic Milestone for Sajid Khan

Sajid Khan has solidified his place in Pakistan cricket history by becoming the third-fastest Pakistani bowler to reach 50 Test wickets, achieving this remarkable milestone in just his 11th Test match.

This achievement places Sajid alongside some of the country’s finest bowlers. The record for the fastest Pakistani to 50 wickets is held by Yasir Shah, who accomplished the feat in only nine matches. Meanwhile, legendary names such as Waqar Younis, Shabbir Ahmed, Mohammad Asif, and Mohammad Abbas share the second spot.

Sajid’s consistent performances have cemented his position as a key figure in Pakistan’s bowling lineup. His recent heroics during the Multan Test showcased his prowess, where he registered figures of 5-50 and an impressive match haul of 9-115.

Pakistan Triumphs Over West Indies in Multan

Pakistan secured a commanding 127-run victory over the West Indies in the first Test of the two-match series, taking an early 1-0 lead.

Chasing a target of 251, the West Indies struggled against Pakistan’s bowling attack. Sajid Khan gave the hosts a perfect start, dismissing the visiting skipper Kraigg Brathwaite for just 12 runs, reducing the West Indies to 16/1 in 4.2 overs.

Sajid continued to wreak havoc, removing Keacy Carty for six and Kavem Hodge for a duck. Mikyle Louis also fell to Sajid after scoring just 13, while Noman Ali chipped in by dismissing Greaves for nine.

Despite a 41-run stand between Athanaze and Imlach, the visitors continued to collapse. Abrar Ahmed delivered crucial blows, dismissing Imlach, Sinclair, and Gudakesh Motie (for a golden duck).

Sajid wrapped up his memorable performance by taking his fifth wicket, removing Alick Athanaze, who fought valiantly with a score of 55. Abrar sealed the victory by dismissing the last batter, bowling out the West Indies for 123 runs.

A Memorable Test for Both Teams

While Sajid and Abrar led Pakistan to a comfortable win, West Indies spinner Jomel Warrican made headlines with his career-best figures of 7/32, bundling Pakistan out for 157 on day three.

However, Pakistan’s bowling attack proved too strong for the visitors, and Sajid’s brilliance stood out as the defining factor in the match.

OGDC Begins Oil & Gas Production at Kharo-1 Well in Sindh, Strengthening Pakistan’s Energy Sector

Khashif Sarfraz
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OGDC Begins Oil & Gas Production at Kharo-1 Well in Sindh, Strengthening Pakistan’s Energy Sector

 

OGDC Begins Oil & Gas Production at Kharo-1 Well in Sindh

Karachi, Pakistan — Oil & Gas Development Company Limited (OGDC), Pakistan’s largest exploration and production (E&P) firm, has officially begun oil and gas production from its Kharo-1 well, located in Khairpur, Sindh. The company announced this milestone in a notice to the Pakistan Stock Exchange (PSX) on Wednesday, marking another significant achievement in its extensive exploration operations.

[fetch_psx_stock_price_with_cache symbol=”OGDC”]

Key Details of Kharo-1 Production

The Kharo-1 well is currently producing 20 barrels per day (bpd) of oil and five million standard cubic feet per day (mmscfd) of gas. The production is connected to the OGDC Sinjhoro Processing Plant via a 6-inch, 12.5 km flow line. The gas produced is seamlessly integrated into the Sui Southern Gas Company (SSGC) network, further enhancing the energy supply to the region.

OGDC holds a 95% working interest in the Khewari Block, with the remaining 5% stake owned by Government Holding Private Limited (GHPL). This project is a testament to the company’s strategic investments and operational expertise in the energy sector.

A Step Forward in Operational Excellence

This achievement underscores OGDC’s commitment to operational excellence and its significant role in strengthening Pakistan’s energy infrastructure. The company emphasized that the successful production from the Kharo-1 well contributes not only to the company’s growth but also to the country’s energy security.

The Kharo-1 milestone follows the recent success at the Kunnar West Well-3 in Hyderabad, Sindh, where production commenced last month. With each new milestone, OGDC continues to enhance its production capabilities and contribute to meeting Pakistan’s growing energy demands.

OGDC’s Role in Pakistan’s Energy Landscape

As Pakistan’s largest E&P company, OGDC commands over 40% of the country’s total awarded exploration acreage, making it the dominant player in the oil and gas sector. The company’s operations span the entire spectrum of exploration, drilling, reservoir management, production, and engineering services, significantly contributing to the country’s energy supply.

OGDC’s Shareholder Composition

The government of Pakistan holds a majority stake of over 67% in OGDC, with other key stakeholders including the OGDC Employee Empowerment Trust and the Privatisation Commission of Pakistan. The government’s stake in the company underscores its strategic importance to Pakistan’s energy sector and its role in ensuring the sustainability of the country’s energy needs.

Looking Ahead: A Bright Future for OGDC

With its continued success and expansive operational footprint, OGDC is poised to remain at the forefront of Pakistan’s energy sector. The company’s innovative approaches and operational excellence position it as a key player in the exploration and production of oil and gas, both in Pakistan and internationally.

As Pakistan faces increasing energy demands, OGDC’s initiatives such as the Kharo-1 well production are pivotal to meeting those challenges and ensuring a sustainable energy future for the country.

Conclusion

The commencement of oil and gas production from the Kharo-1 well is a significant milestone for OGDC and Pakistan’s energy sector. As the largest E&P company in the country, OGDC’s efforts in expanding production capabilities play a crucial role in sustaining the nation’s energy needs. With the continued support of key stakeholders, OGDC is well-positioned to remain a leader in Pakistan’s energy landscape.

Head of GRC-Information Security Position at Askari Bank – Apply Now!

Khashif Sarfraz
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Head of GRC-Information Security Position at Askari Bank – Apply Now!

 

Are you ready to take the lead in Cyber Security? Askari Bank is Hiring!

Askari Bank, a reputable institution in Pakistan’s banking sector, is looking for an experienced professional to fill the key role of Head of GRC-Information Security. This is an exciting opportunity for individuals passionate about Information Security and Cyber Security. If you have the necessary qualifications and experience, this could be your chance to make an impact at a leading financial institution.

Position: Head of GRC-Information Security

Grade: VP – SVP
Location: Islamabad
Deadline: January 16, 2025

Eligibility Criteria

To apply for the role of Head of GRC-Information Security at Askari Bank, candidates must meet the following qualifications:

  • Educational Qualifications: Minimum Bachelor’s degree, preferably a Master’s degree from an HEC-recognized institution.
  • Professional Experience: A minimum of 8-10 years of relevant experience, with a strong background in leading Cyber Security functions within the banking sector. Previous experience overseeing security projects is highly desirable.

Job Responsibilities

As the Head of GRC-Information Security, you will have the responsibility of overseeing and managing critical information security functions within Askari Bank. Some key duties include:

  1. Overseeing Information Security Projects: You will lead the implementation of various information security initiatives and ensure the timely execution of security-related projects.
  2. Maintaining Updated Information Security Policies: Keeping security policies current and ensuring they align with global standards and regulatory requirements is a key aspect of the role.
  3. Leading Vulnerability Assessment/Penetration Testing Programs: You will be responsible for the management and leadership of Vulnerability Assessment and Penetration Testing (VA/PT) programs, ensuring the safety of the bank’s digital infrastructure.
  4. Ensuring Compliance: This includes ensuring the bank complies with important regulations such as PCI-DSS, ISO 27001, and SWIFT. Additionally, you will manage third-party audits related to these compliance standards.
  5. Vendor Management and RFP/RFQ Processes: As part of the role, you will manage relationships with vendors, assist with RFP/RFQ processes, and collaborate with the Chief Information Security Officer (CISO) on security updates for senior management.

Why Apply?

  • Impactful Role: As the Head of GRC-Information Security, you will be at the forefront of ensuring the safety and security of Askari Bank’s data and systems. Your decisions will help protect sensitive information and contribute to the overall resilience of the bank’s cybersecurity posture.
  • Leadership Opportunity: You will have the chance to lead and shape the information security strategy in a top-tier financial institution. Your expertise will guide the bank’s efforts to stay ahead of emerging cyber threats.
  • Growth Prospects: With your vast experience in Cyber Security, this role provides an excellent platform for career growth and development in a highly specialized field.

How to Apply?

Interested candidates can apply directly on the official Askari Bank recruitment portal by following this link.

Please make sure to submit your application before January 16, 2025 to be considered for the role.

Conclusion

If you have a passion for Cyber Security and are eager to take on a leadership position in a prominent banking institution, the position of Head of GRC-Information Security at Askari Bank is the perfect opportunity for you. Apply today and take the next step in your professional career!

TikTok Threatens to Shut Down in the U.S. on January 19 Amidst Legal Uncertainty

Khashif Sarfraz
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TikTok Threatens to Shut Down in the U.S. on January 19 Amidst Legal Uncertainty

 

TikTok Faces Shutdown in the U.S. Unless Biden Administration Intervenes

TikTok has confirmed its plans to shut down its operations in the United States on Sunday, January 19th, unless the Biden administration takes action to prevent it. The company has warned that it will be forced to go dark unless a “definitive statement” is issued, assuring that its critical service providers — including Apple, Google, Amazon, and Oracle — won’t face legal repercussions for continuing to host or distribute the app.

The Legal Landscape

TikTok’s statement follows a Supreme Court decision upholding a law that requires its Chinese parent company, ByteDance, to divest its ownership in the app. TikTok’s CEO Shou Chew appealed to President-elect Donald Trump in a video message, urging intervention but did not clarify the specific actions the company might take once the law takes effect on Saturday, January 20th.

The Role of the Incoming Trump Administration

The fate of TikTok now lies in the hands of Donald Trump, who is set to be inaugurated as president on January 20th. Trump has indicated that he aims to find a solution, revealing that he discussed a range of issues, including TikTok, in a recent conversation with Chinese President Xi Jinping.

A Tight Deadline

With the shutdown looming on January 19th, TikTok’s future in the U.S. hangs in the balance. The Department of Justice has reiterated its support for enforcing the TikTok ban, with penalties of up to $5,000 per user for U.S. service providers that continue to allow access to the app.

As the deadline approaches, it remains to be seen whether the incoming administration will step in to resolve the situation or if TikTok will be forced to halt its U.S. operations.

Noman Ali and Sajid Khan Dominate as Pakistan Takes Control in Multan Test

Khashif Sarfraz
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Noman Ali and Sajid Khan Dominate as Pakistan Takes Control in Multan Test

Pakistan Tightens Grip on Multan Test Against West Indies

Noman Ali and Sajid Khan led a stunning spin assault on the second day of the opening Test in Multan, dismantling the West Indies’ batting lineup. The visitors were bowled out for just 137 runs in response to Pakistan’s first-innings total of 230, giving Pakistan a vital 93-run lead.

Spin Masterclass

  • Noman Ali claimed a brilliant 5-39, his seventh five-wicket haul in Tests.
  • Sajid Khan supported with 4-65, as the spinners ran riot.
  • The West Indies’ innings lasted just 25.2 overs, marking a rapid collapse after a solid start.

West Indies’ Collapse

The visitors began well with an opening stand of 67 between Muhammad Hurraira and Shan Masood. However, wickets fell quickly:

  • Jomel Warrican dismissed Hurraira (29) and Babar Azam (5), before running out Shan Masood (52), who had earlier struck two sixes and two fours.

Pakistan Extends Lead

By the close of play, Pakistan had built a commanding 202-run lead, reaching 109-3 in their second innings.

  • Kamran Ghulam (9*) and Saud Shakeel (2*) were at the crease when bad light stopped play, 25 minutes before the scheduled close.

What’s Next?

Pakistan looks to capitalize on their lead and set a challenging target for the West Indies on Day 3. With Noman and Sajid in form, the spinners could play a decisive role in the second innings as well. Stay tuned for updates as the Multan Test unfolds!

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