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...

India to build solar, wind farms along Pakistan border

MUMBAI: India plans to build a string of renewable energy projects along its sun-baked, wind-whipped western border, officials said on Monday, as New Delhi continues...

AEDB approves renewable energy policy draft

ISLAMABAD: The Alternative Energy Development Board (AEDB) has unanimously approved the draft Alternative Renewable Energy (ARE) Policy 2019. The 46th board meeting of the AEDB...

Committee formed to probe irregularities in IESCO

ISLAMABAD: After receiving a large number of complaints, the Ministry of Energy (Power Division) secretary has constituted a four-member committee to probe into the...

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...

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...

Iran-Pakistan gas pipeline to be completed by 2024

--Pakistan, Iran will sign a third agreement for the gas pipeline in Turkey next week ISLAMABAD: Pakistan and Iran have decided to complete Iran-Pakistan (IP)...

Pakistan’s mystery billionaire

“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him in the...

Germany to provide €22.4m for development projects in Pakistan

ISLAMABAD: Pakistan and Germany on Friday signed a financial agreement worth €22.4 million to support existing projects in the areas of renewable energy, grid connectivity...

Kuwait’s Enertech to finance power projects in Sindh

KARACHI: Sindh government and Kuwait's national company have signed a memorandum of understanding (MOU) with regard to a major investment in Sindh's power sector. The...

Govt decreases power tariff by Rs3 per kWh for zero-rated industry to enhance exports

Consequently, the tariff cut will be beneficial for the industry and enhance the country’s competitiveness in the global market besides reducing the cost of doing business

Pakistan, World Bank sign $100m agreement for Sindh Solar Energy Project

ISLAMABAD: With an objective to increase solar power generation and access to electricity in Sindh, the government on Wednesday signed a financing agreement worth $100...

Pakistan, Saudi Arabia review progress on energy MoUs

ISLAMABAD: Pakistan and Saudi Arabia have reviewed the progress made on existing memorandums of understanding (MoUs) in the energy sector and discussed possibilities for...

‘Rs51bn recovered from power sector in four months’

ISLAMABAD: Power Division Minister Omer Ayub Khan said on Tuesday that recovery in the power sector has witnessed an overall increase of Rs51 billion throughout...

Pakistan coal imports projected to soar to 30m tons by 2020

The demand for cement manufacturers was projected to increase by 2.0 million tons, whilst coal-fired power plants would require 8 million tons by 2020

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FBR extends deadline to file tax returns

The Federal Board of Revenue (FBR) on Friday extended the last date for submission of sales tax and federal excise duty for the tax...

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Zuckerberg open to scaling back Libra plan

WASHINGTON DC: Facebook chief executive Mark Zuckerberg opened the door on Wednesday to scaling back plans for its digital coin Libra if it cannot win...