What is Hascol hiding?

The petroleum company is trying to erase its history. But with billions of rupees missing, auditors resigning, and law enforcement agencies taking unprecedented interest, that is proving to be a little difficult

Pakistan hires banks for three-tranche dollar bond sale

DUBAI: Pakistan has hired a group of banks to arrange investor calls ahead of a triple-tranche sale of US dollar-denominated bonds, a...

Govt set to impose additional surcharges on power consumers 

Cabinet okays introduction of ordinance to further amend NEPRA Act

1,100MW K-2 nuclear power plant connected to national grid

Pakistan Atomic Energy Commission (PAEC) has connected the much-awaited 1,100MW Karachi Nuclear Power Plant Unit-2 (K-2) to the national grid. In a statement,...

US assistance helps decrease electricity pilferage in Peshawar

ISLAMABAD: The United States Mission to Pakistan, along with the Peshawar Electric Supply Company (PESCO), celebrated the successful completion of a pilot project...

NEPRA allows KE to raise tariff by up to Rs1.97 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has allowed K-Electric to increase power tariff by up to Rs1.97 per unit. NEPRA determined the...

NTDC to install 160MVA transformer at Rawat grid station

Partial load management to be observed in some areas tomorrow

NEPRA notifies 89-paisa per unit increase in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified a Rs0.8954 per unit increase in power tariff under the head fuel...

Rs85bn accord for construction of Balakot Hydropower Project signed

PESHAWAR: In an important development for the country's energy sector, the Khyber Pakhtunkhwa government has signed a contract agreement for the construction...

NEPRA approves supply of additional 150MW to K-Electric

The National Electric Power Regulatory Authority (NEPRA) has approved a tripartite power purchase agreement (TPPA) among K-Electric, National Transmission and Despatch Company...

No debt burden on Pakistan due to CPEC power projects: China

China has said that power projects under the China-Pakistan Economic Corridor (CPEC) did not incur debt burden on Pakistan as they were...

NEPRA announces tariff relief for nuclear power plants

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has reduced the Return on Equity (RoE) of three nuclear power generation plants from...

Human error behind Jan 9 countrywide blackout: report

ISLAMABAD: The Power Division has informed a parliamentary panel that an inquiry committee probing into last month’s countrywide blackout has held officials...

Govt plans $500m green bond to fund hydropower projects

The government is planning to issue a $500 million green bond in the next few months to help boost the development of...

UAE keen to invest in Pakistan’s energy sector: envoy

ISLAMABAD: Energy Minister Omar Ayub Khan on Wednesday met Ambassador of United Arab Emirates (UAE) to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi...