Govt reaches deal with bagasse-based plants, plans revised PPAs with 18 power producers within six months
New agreements with five power plants are expected to save Rs 60 billion annually
The solar glut has come to Pakistan
As consumers embrace off-grid alternatives, the grid's sustainability comes into question
Govt proposes new financial model for IPPs to cut capacity payments
Government plans to replace the existing “take-or-pay” model with “take-and-pay” model for the remainder of the plants’ operational life
Germany objects to terms of Pakistan’s IPP agreements, cites concerns over deal with Rousch Power
This protracted issue could potentially cast a shadow over future bilateral relations and affect investor confidence, says German official
Pakistan cuts debt to Chinese energy projects by 2.5% in first quarter
Outstanding debt reduced from $1.8 billion to $1.4 billion for power projects established under CPEC
Govt approves termination of power deals with five IPPs
This decision is expected to save Rs60 billion annually for consumers, and Rs 411 billion for the national kitty; PM terms it the beginning of a larger process
Hubco, Lalpir call emergency meetings as govt moves to terminate IPPs agreements
Energy sector faces uncertainty as IPPs consider government’s early termination proposal
Four IPPs initiate termination of power deals
Consumers can see up to Rs7/unit reduction in tariffs after successful renegotiations of deals, says Power Minister
UAE’s Adnoc-backed company seeks to invest in LNG import terminals in Pakistan
There is a lot of potential in India, Bangladesh, Pakistan and the Philippines, says CEO VTTI BV
Rs352bn investment plan approved for NTDC’s transmission system upgrade
Three-year investment plan targets infrastructure upgrades, loss reduction, and capacity enhancement across key grid stations
Govt summons six IPPs owners for questioning over alleged undue profits
Prime Minister-led probe pressures power producers to renegotiate contracts amid rising energy costs
Task force formed to prepare plan for $8bn CPEC energy debt reprofiling
Joint team of Pakistani and Chinese experts to draft initial plan for debt restructuring under which the repayment could be extended for five years
NEPRA flags Rs596 billion in losses due to Discos’ inefficiencies
Transmission and distribution losses rise to 18.31% in FY24, resulting in Rs276 billion addition to the circular debt
K-Electric seeks Nepra nod to extend lifespan of Bin Qasim power units
Power utility aims to keep units operational until new coal plant launches in 2027
Task force formed to implement structural reforms in power sector
Initiative aims to reduce the financial burden on the federal government and establish an efficient, self-sustaining competitive power market