Engro’s strategic asset divestiture in thermal energy sector gets CCP’s approval
Transaction involves a consortium acquiring approximately 50.10% of M/s Engro Powergen Thar (Pvt.) Ltd from M/s Engro Energy Limited.
Ministry of Energy appoints independent directors to Discos’ boards
ISLAMABAD: After taking necessary approval of the federal government, the Ministry of Energy has issued notifications regarding the appointment of independent directors...
Pakistan’s power generation drops 1.9%, costs down by nearly 11% in June 2024
Reduction in cost was largely due to 19% decrease in the cost of power generation from imported coal
This company is about to get a licence to buy local gas to sell to corporations privately. Not everyone is happy
EGas collects natural gas produced during oil extraction and transports it in special trucks to bridge gas demand. But what is the controversy behind their renewed licence?
LNG supply chain arrangement gets CCP’s nod
Commission grants conditional approval until December 2025 for LNG procurement process between Mitsubishi's Diamond Gas International Japan and UAE’s Bison Energy
Power generation rises by 2.7% Year-on-Year in May 2024
Average fuel cost for power generation in May was Rs8.74 per kWh, a decrease of 10.0% year-on-year
PM directs Power Division to resolve K-Electric’s payment issues
SECP was directed to examine the legality of KE's shareholding and report back to SIFC
DISCOS – Is there a way out of the existential quagmire?
The current discussion on economic issues in government circles as well as business networks seems to be focused upon the host of...
Govt allocates Rs 267.95 billion for power sector in PSDP 2024-25
ISLAMABAD: The government has allocated Rs 267,952.773 million for various ongoing and new schemes in the power sector as part of the...
Nepra rejects govt’s reconsideration request on bagasse fuel pricing
Federal government's appeal dismissed on procedural grounds; new mechanism clarified
Govt, power regulator poles apart on revenue-based load-shedding
Power minister defends practice calling it a necessity, Nepra calls for legal amendment
Cnergyico Pk Ltd. announces resumption of refinery operations
After a brief hiatus, Cnergyico to resume operations on May 25, bolstering economic prospects for local industries
TAPI pipeline to be funded bilaterally amid lack of int’l support
In the absence of international funding, Pakistan and Turkmenistan take the reins in financing the strategic pipeline project
KE receives NEPRA’s approval for power acquisition programme
Approval of programme sets stage for energy capacity expansion through 2028
Power sector circular debt soars to Rs2.63tr
Govt had previously assured the IMF of maintaining the power sector's circular debt at Rs2.31tr