CNG prices likely to go down in Punjab

Ghiyas Abdullah Paracha, central chairman of the All Pakistan CNG Association (APCNGA) is reported to have said that CNG prices are likely...

Senate panel approves new power bill surcharges to repay circular debt

Consumers to face higher electricity costs as surcharge cap lifted under IMF-aligned fiscal reforms

Gasport, FBR locked in dispute over Rs1.5 billion custom duty payment

ISLAMABAD: The second LNG gas terminal which has been a bone of contention and controversy since its inauguration last month is now...

Iran, Turkey, Russia ink oil cooperation agreement

TEHRAN A tripartite oil partnership and investment agreement were signed in Moscow between Iran, Turkey and Russia. The three-party oil deal was sealed between...

Weak distribution network blamed for power woes

Two units of Port Qasim with a capacity to generate 1,300MW electricity had developed a technical fault due to which they had ceased supplying power and Balloki power plant with 1,000MW capacity was operational for two days on a test run before going offline in the first week of June

NEPRA approves reduction in power tariff of Rs 1.96/unit

The National Electric Power Regulatory Authority (Nepra) on Thursday approved Rs1.96/unit reduction in the power tariff under fuel price adjustment for the...

Blockchain empowers energy markets, as adoption widens

SINGAPORE:  Energy startups have been using blockchain to power electricity sharing in microgrid trials from Texas to Tasmania for a year or...

Adverse weather causing transmission lines to trip, says power minister

KARACHI: Federal Minister for Power, Omar Ayub Khan on Thursday directed the authorities to investigate the matter of tripping of main transmission lines and...

PM orders investigation of Power Distribution Companies

The power distribution companies will come under the scanner as the Prime Minister Nawaz Sharif has instructed the relevant authorities to conduct...

Rs1.27 per unit power tariff hike likely under April FCA

CPPA-G says power generation in April remained heavily reliant on costly imported fuels

At PSO, circular debt stops growing

Consumer spending recovery helps stabilize company; better policy results in at least a stemming of the bleeding; and electric charging stations help prepare for the end of the age of oil

ECC decides to allocate 10 mmcfd gas from Tolang field to SNGPL

The Economic Coordination Committee (ECC) meeting chaired by Finance Minister Ishaq Dar was held on Friday in which the decision to allocate...

ECNEC approves infrastructure projects before election year

The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved multi-billion rupees worth of mega projects in the transport and...

Government pledges guarantees of Rs175b for construction of third LNG pipeline

Islamabad: The government has pledged to provide guarantees worth Rs175b for building a third Liquefied Natural Gas (LNG) pipeline for provision of...

Pakistan to pay $5.6 million monthly interest in Karkey RPP case

Islamabad: Aside the hefty $700m penalty slapped by ICSID last month in connection with Karkey Karadeniz case, Pakistan will also be paying...