Power tariff likely to be hiked by another Rs3.5 per unit

The government of Pakistan, following its agreement with The International Monetary Fund (IMF) is likely to increase the power tariff by another...

Premier Oil to sell off Pakistan operations for $65.6m

Premier Oil plc has signed a sale purchase agreement with Al-Haj Energy Ltd for the sale of Premier Oil Pakistan Holdings BV,...

Government to add 6,020MW of electricity to national grid by end of December 2017

With the elections looming in 2018, the government has taken the decision of making payments in full for power projects of 6,020...

CPPA-G conversion to independent power operator to be decided in March

ISLAMABAD: Process for conversion of Central Power Purchasing Agency-Guarantee (CPPA-G) from its current role of billing and financial agent of distribution companies to...

WAPDA secures local financing worth Rs 144b for Dasu Hydropower project

The Water and Power Development Authority (Wapda) obtained Rs144 b worth of financing for Dasu Hydropower Project by signing an agreement for...

Nepra warns power outages won’t be eliminated by 2018

ISLAMABAD - National Electrical Power Regulatory Authority (NEPRA) has warned the government that loadshedding won’t be eliminated in 2018 and people will...

Thar coal cheapest option in the energy supply chain: FPCCI

ISLAMABAD: The Businessmen Panel of the FPCCI on Saturday said Thar coal remains cheapest option for power generation in the energy supply...

Cabinet’s approval sought for appointment of new directors of public entities

ISLAMABAD: The Ministry of Energy (MoE) has sought approval of the federal cabinet against its nominated directors to fill casual vacancies in...

No lockdown, no problem: oil volumes increase in May

Most fuel types have seen a sharp recovery last month as pandemic-induced lockdowns ease, except for jet fuel

N-S pipeline project to help enhance Pak-Russia ties: minister

ISLAMABAD: A Russian delegation on Tuesday called on Energy Minister Omar Ayub Khan and Prime Minister's Special Assistant on Petroleum Nadeem Babar to...

AEDB reviews renewable energy policy draft

ISLAMABAD: The 45th board meeting of the Alternative Energy Development Board (AEDB) was held in Islamabad on Friday under the chairmanship of Power...

Oil prices edge up as U.S. supply tightens, Iran sanctions loom

Brent crude futures were changing hands at $78.10 per barrel, up 34 cents, or 0.4 percent, from their last close

Govt initiated various power projects to overcome energy crises, says Talal Chaudhary

PML-N leader, Talal Chaudhary has said on Tuesday the incumbent government has initiated a number of power projects to overcome the energy...

Prolonged power-cuts across country as shortfall reaches 7,000MW

Increased load shedding of 7 to 10 hours was witnessed across the country on Sunday, as the demand-supply gap between the electricity...

USAID, WAPDA sign $78m implementation letter for Mangla refurbishment

MIRPUR: Pakistan Water and Power Development Authority (WAPDA) and United States Agency for International Development (USAID) on Wednesday signed Project Implementation Letter (PIL)-2...