NEPRA approves transition from LIBOR to SOFR for power producers
New interest rate formulas to impact 59 IPPs, effective from July 1, 2023
Rs1.96/unit uniform tariff adjustment approved for first quarter FY2024-25
Quarterly adjustments aimed at recovering Rs1.187 billion from Discos and K-Electric consumers in December bills
Sui Southern Gas Company reports significant profit turnaround
Gross profit rose by 114% YoY for the quarter ending Sep 2023
Revised agreements with IPPs to cut electricity tariffs by Rs5/unit, says energy minister
Leghari announces government will stop purchasing electricity from Independent Power Producers
Govt renegotiates Power Purchase Agreements with eight IPPs
Remaining deals are expected to be finalised in the next two weeks; deals aim to save billions for consumers
Korean hydropower projects in limbo as Power Division withholds approvals
Foreign investors demand policy consistency, revised tariff criteria
Consumers may face incremental tariff of Rs26.07/unit under Winter Demand Initiative
NEPRA schedules public hearing on subsidy-neutral scheme targeting increased winter electricity use
Nepra warns Discos, K-Electric to resolve overbilling issues or face legal action
Regulator outlines pro-rata billing adjustments to protect consumers
Energy sector reforms drive 35% rally as E&P recovery ratios surpass 100%: report
Price hikes and new discoveries boost production, and curb the buildup of circular debt in gas sector, says Intermarket Securities
CCP recommends privatization, public-private partnerships for power distribution companies
Commission calls for structural reforms to address inefficiencies, reduce losses, and boost competition in the power sector
A Rs 2.4 trillion question haunts Pakistan’s power puzzle.
As the government unveils its latest debt management plan, can the power sector escape its deepening financial spiral?
Pakistan may exit TAPI gas project if India opts out, citing cost and sustainability concerns
High costs and uncertain demand make project unfeasible without India’s participation
Govt reaches deal with bagasse-based plants, plans revised PPAs with 18 power producers within six months
New agreements with five power plants are expected to save Rs 60 billion annually
The solar glut has come to Pakistan
As consumers embrace off-grid alternatives, the grid's sustainability comes into question
Govt proposes new financial model for IPPs to cut capacity payments
Government plans to replace the existing “take-or-pay” model with “take-and-pay” model for the remainder of the plants’ operational life