Danish envoy pledges support to renewable energy projects in Pakistan

Ambassador of Denmark to Pakistan Rolf Holmboe called on Special Assistant to Prime Minister on Petroleum Nadeem Babar on Tuesday to discuss matters pertaining...

NEPRA likely to burden power consumers with additional Rs17bn

ISLAMABAD: The power distribution companies (DISCOs) have requested the National Electric Power Regulatory Authority (NEPRA) to pass on approximately Rs17.2 billion to the already...

AEDB signs agreement for 11 wind power projects

Alternative Energy Development Board (AEDB) has signed an agreement for the construction of 11 wind power projects which would generate 550 megawatts electricity. According to...

‘8,000MW renewable energy to be generated by 2025’

The National Assembly was informed on Monday that the government is planning to generate 8,000 megawatts of electricity through renewable sources by 2025. Replying to...

Govt mulls issuing interest-bearing bonds to reduce circular debt

ISLAMABAD: The Finance Division has been mulling to issue interest-bearing bonds to reduce the power sector's circular debt, Pakistan Today has learnt. Sources privy to...

KE reaffirms commitment to Karachi with $3bn investment

K-Electric is committed towards Karachi and its growth with an investment of $3 billion over the next four years across its value chain. This was...

NEPRA grants transmission licence to STDC

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday granted transmission licence to Sindh Transmission & Dispatch Company (Private) Limited (STDC) to act...

Feasibility study underway to set up gas storage facilities: SAPM

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Petroleum Nadeem Babar said on Friday that the government has initiated a feasibility study to set...

NEPRA postpones hike in power tariff, seeks explanation from CCPA

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has postponed the proposed Rs2.97 per unit hike in power tariff till next Tuesday and has sought...

NEPRA all set to raise power tariff by Rs2.97 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is all set to jack up power price by Rs2.97 per unit under the head monthly fuel...

Energy companies turn to animal dung for clean power

HELSINKI: In the search for clean electricity, power companies in Finland are going green by way of brown, and have set their sights on a...

Auto manufacturers await EV Policy to get industrial boost

ISLAMABAD: Local car manufacturers are anxiously waiting for Electric Vehicle policy, drafted by the present government to encourage the production of battery-run automobiles which...

NEPRA jacks up power tariff by Rs1.66 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified Rs1.66 per unit increase in the electricity price on account of monthly fuel price adjustment...

Govt likely to jack up power tariff by Rs2.97 per unit

ISLAMABAD: The Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to jack up electricity price by Rs2.97 per unit...

Pakistan, Turkey agree to enhance cooperation in energy sector

ISLAMABAD: Ambassador of Turkey to Pakistan Ihsan Mustafa Yurdakul called on Power and Petroleum Minister Omar Ayub Khan on Tuesday to discuss matters pertaining to...

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Pakistanis should expect substantial decrease in salaries in 2020

The people of Pakistan are the only nation in the Asia-Pacific who will record a substantial decrease in salaries made next year on the...

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OECD sees global growth at decade low, blames govts’ indecision

PARIS: The global economy is growing at the slowest pace since the financial crisis as governments leave it to central banks to revive investment, the...