Power ministry allegedly responsible for power sector’s growing circular debt
Power sector owes Rs 227.3b to PSO
PSO maintains uninterrupted supplies to the power plants despite perpetual defaults of payments
The menace...
Power tariff hike of Rs 5.61/unit on the cards
This is apparently the highest-ever increase in fuel cost adjustment (FCA) demanded by the CPPA.
Saudi visit highlights Pakistan’s search for investment
The largest deal signed on Sunday, a $10 billion refinery to be developed in the port of Gwadar by Saudi Aramco, will take up to five years to develop. But smaller deals, including the acquisition of two liquefied natural gas plants, alternative energy projects and food and agriculture investments should bear fruit more quickly
US envoy, minister discuss energy cooperation between Pak, US
ISLAMABAD: US Ambassador in Pakistan David Hale on Wednesday called on Power Division Federal Minister Sardar Awais Ahmed Khan Laghari here.
During the...
OPEC+ begins meetings that may agree further output cuts
OPEC and its allies began two days of meetings on Saturday that may culminate in further production cuts of as much as...
Second LNG terminal faces mounting operational delays
Islamabad: The efforts to finish Pakistan’s second Liquefied Natural Gas (LNG) terminal has hit the snags and forced the government to defer...
‘Under siege’, oil industry mulls raising returns and PR game
The conclusion of the discussions was worrying for those present - pressure is rising and the industry is losing a battle not to be seen as one of the world’s biggest evils
NEPRA imposes fine of Rs5m on Genco-III for power breakdowns
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs5,000,000 on M/s Northern Power Generation Company Limited GENCO-III,...
PM rejects move to eliminate subsidy for industrial consumers
ISLAMABAD: The proposal to hike power prices for industrial consumers by removal of Rs3 per unit subsidy has been rejected by the...
Discos seek Rs1.5/unit hike in consumer tariff
ISLAMABAD: The former Wapda distribution companies (Discos) have pleaded for Rs1.50 per unit, citing as reasons: increase in consumer tariff on account...
PM assures provision of electricity in Karachi as tussle between SSGC, K-Electric ends
KARACHI: Prime Minister Shahid Khaqan Abbasi on Monday assured of the provision of electricity in Karachi, as the tussle between Sui Southern Gas Company (SSGC) and...
Ex-Finance minister refused to release funds for Naulong Dam
ISLAMABAD: Ex-chairman Water and Power Development Authority (WAPDA) Shakil Durrani on Tuesday urged the Public Accounts Committee (PAC) to call former finance...
CDWP approves 34 projects worth Rs365.492 billion
ISLAMABAD: Central Development Working Party (CDWP) has approved 34 projects worth Rs365.492 billion out of which five projects worth Rs333.179 billion were...
3582.8 MW electricity added to national grid since 2013
The government, as part of its efforts to increase power generation in the country, has added 3582.8 MWs of electricity to the...
Masses to pay for excessive profits of influential industrialists: PEW president
KARACHI: The Pakistan Economy Watch (PEW) on Sunday criticised the decision to buy costly electricity from sugar mills in the presence of...