SNGPL – Finally getting it right
While consumers got somewhat better gas supply to warm up their rooms and cook food this winter, they weren’t the only ones...
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...
IPPs payables reach Rs191b, may shut down their power plants
Islamabad
The IPPs Advisory Council (IPPAC) has claimed that till May 15th the figure of payables has reached Rs191b and if the payment...
Mari Petroleum potential growth momentum to pick up further
LAHORE: Production enhancement along with latest significant exploration activities are set to boost growth momentum for Mari Petroleum (Mari) for FY18, officials...
Oil prices climb due to Iran sanction threats
Singapore: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while...
Govt releases Rs2.19bn for petroleum sector in four months
ISLAMABAD: The government has released Rs 2.198 billion for the Petroleum and Natural Resources Division under the Public Sector Development Programme (PSDP...
Pakistan’s first tariff-based auction for solar power project announced in Sindh
KARACHI: The Sindh government has announced to launch a tariff-based auction to develop a 50 megawatt (MW) solar power project in the...
Petroleum production increases by 11.62pc
ISLAMABAD:Â The production of petroleum products witnessed 11.62 per cent increase during the first five months (July-November) of the current fiscal year as...
Oil prices inch up, after unexpected fall in U.S crude stocks
SINGAPORE: Oil prices edged up on Friday, supported by lower U.S. crude inventories, but gains were capped by a surge in U.S....
Govt in a fix over impending peak electricity season
LAHORE:Â Speaking to Pakistan Today, sources in the ministry have said that a one-off payment of circular debt is strongly being considered by...
Miftah Ismail reviews performance of National Savings
ISLAMABAD: Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Thursday, chaired a meeting to review the performance of National Savings.
National...
Govt willing to reduce GST on HSD to appease apex court
At current rates, the government hopes to fetch Rs55 billion per month on all POL products which includes Rs22 billion from petrol, Rs30 billion from HSD and Rs500 million from other products
K-Electric initiates legal notice to ministry over lower tariff
ISLAMABAD:Â A legal battle has begun between K-Electric and the federal government over implementation of a tariff decision taken by the National Electric...
NEPRA approves tariff raise of Rs0.36 per unit
ISLAMABAD:Â The National Electric Power Regulatory Authority (Nepra) has approved an enhanced tariff by Rs0.36 per unit on account of fuel adjustment for...
ECC postpones power tariff increase decision till next meeting
As a whole, these surcharges generate Rs100 billion per annum to service power sector loans and subsidies for the poor which ensures a uniform power tariff across Pakistan