Pakistan to launch major energy investment plan, aims for 60% renewables by 2030

At SCO forum, Leghari outlines reforms, urges regional energy cooperation and trust-driven innovation

Pakistan’s energy intensity double that of regional peers, says World Bank

Report urges industrial energy efficiency to cut costs, emissions, and improve competitiveness

National Assembly approves Rs715.45 billion funding for energy sector

Power Division gets largest chunk of Rs636.9 billion for operational costs including Rs72.1 billion for external loans, and Rs2.39 billion for development spending; Petroleum Division receives Rs2.17 billion and Geological Survey of Pakistan Rs1.15 billion

NEPRA issues show cause notice to K-Electric over prolonged, unannounced load shedding

KE accused of carrying out load shedding at feeder level, in defiance of regulatory instructions

Nepra reduces national power purchase price by 3.77% to Rs25.98 per unit for FY 2025-26

Slashed price to lower consumer tariffs, with capacity charges accounting for 63% of cost

KP loses Rs583 million per day due to electricity theft and technical inefficiencies, report reveals

PESCO report shows province lost Rs193.4 billion in 11 months, with Bannu facing the highest losses at 73.86%; Losses attributed to political interference, lack of cooperation from local authorities, and outdated infrastructure

Kohala Hydro seeks extension of Letter of Support for $2.5bn project to protect water rights under Indus Waters Treaty

Company requests LoS extension until September 30, 2027; stresses the timely development of 1,124 MW hydropower project is essential for Pakistan to protect its rights to Jhelum water

Senate panel approves new power bill surcharges to repay circular debt

Consumers to face higher electricity costs as surcharge cap lifted under IMF-aligned fiscal reforms
Attock refinery

Attock refinery signs agreement with Italian firm STP for $600 million upgradation project

Cost of the upgradation project estimated up to US$ 600 million

Federal cabinet approves Rs1.275 trillion bank loan to cut power sector circular debt

Markup for the loan set at 0.9percent below KIBOR

At PSO, circular debt stops growing

Consumer spending recovery helps stabilize company; better policy results in at least a stemming of the bleeding; and electric charging stations help prepare for the end of the age of oil

OGDCL discovers gas and condensate from exploratory well Faakir-1 in Sindh

Test results indicate a production of 6.4 million standard cubic feet of gas per day and 55 barrels per day of condensate 

Solar panel prices surge ahead of 18% sales tax takes effect

Traders blame importers for price hike, PSA voices strong opposition to proposed tax, urges government to reconsider its decision 

Pakistan to increase refining capacity by 15% by 2027 

Govt sets targets for crude oil and natural gas production at 24.24 million barrels and 1.24 trillion cubic feet, respectively, for FY26

OGRA slaps over Rs400 million penalty on 20 OMCs for stock shortfalls, local uplift failures

OGRA fines 20 oil firms over Rs400 million for failing stock cover and refinery uplift mandates, warns of stricter action for non-compliance