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Hans India
13 hours ago
- Business
- Hans India
APTDC's 2-day Tourism Tech AI 2.0 conclave from today
Vijayawada: The Andhra Pradesh Tourism Development Corporation (APTDC) will host the Tourism Tech AI 2.0 Conclave in Vijayawada on June 26–27 to transform the state into a top-tier tourism destination through innovation, sustainability, and strategic investments. To be held at a city hotel, the conclave underscores Andhra Pradesh's commitment to green infrastructure. On June 27, APTDC will sign a Memorandum of Understanding (MoU) with Convergence Energy Services Limited (CESL), a subsidiary of Energy Efficiency Services Limited (EESL), to establish Electric Vehicle Charging Stations (EVCS) and Battery Swapping Stations (BSS) across major cities, highway corridors, and tourist hotspots. Special chief secretary for housing and tourism, Ajay Jain, who heads APTDC, emphasised Chief Minister N Chandrababu Naidu's ambitious 20 per cent growth target for the tourism sector, aiming to attract Rs 25,000 crore in investments over the next four years. During the conclave, APTDC will sign over 50 MoUs with national and international investors in hospitality, adventure sports, cruises, and homestays, securing Rs 10,039 crore in commitments. These investments will create 24,780 direct and indirect jobs, add 7,509 hotel room keys, and drive growth in water sports, eco-tourism, and rural homestays. The conclave will feature panel discussions on the Creative Economy, Tourism Products & Projects, Investments, Capacity Building, Branding & Communications, and Technology in Tourism, with top tourism professionals, developers, tech innovators, and investors sharing insights to build a forward-looking tourism ecosystem.
Express Tribune
07-03-2025
- Business
- Express Tribune
NEPRA directs power tariff cut nationwide
The National Electric Power Regulatory Authority (Nepra) on Thursday directed ex-Wapda distribution companies (XWDISCOs) and K-Electric (KE) to reduce the power tariff by up to Rs3 per unit for consumers. The power regulator issued decisions based on the monthly fuel charges adjustments (FCA) for December 2024 in respect of KE and January 2025 for XWDISCOs. The power regulator directed XWDISCOs to reduce the tariff by up to Rs2.124 per unit and KE by up to Rs3 per unit for Karachi consumers in their March 2025 electricity bills. It is to be noted that in their petitions, KE suggested that it was ready to refund Rs4.95 per unit, while XWDISCOs were willing to return Rs2.0 per unit to their consumers. These decisions shall apply to all consumer categories except lifeline consumers, domestic protected consumers, Electric Vehicle Charging Stations (EVCS), and prepaid electricity consumers of all categories who have opted for the prepaid tariff. The regulator also clarified that if any March 2025 bills are issued before the notification of this decision, the adjustment may be applied in the subsequent month. Rafique Shaikh, a member of the authority, handwrote a note on the decision, stating, "I am of the considered opinion that the impact of yet another violation of the Economic Merit Order (EMO) should not be passed on to consumers (i.e. around Rs1.5 billion)." In the case of DISCOs other than KE, the power regulator noted that after the recent tariff rebasing and the re-targeting of power subsidiesresulting in the creation of a protected tariff categorythe subsidy for non-protected residential and agricultural consumers has been significantly reduced. In light of this, and considering the submissions of the Ministry of Energy, Nepra has decided to pass on the negative FCA to all non-protected residential and agricultural consumers.
