New deal signed with IPPs to cut cost of power generation: PM
PM says he will soon introduce a package that will tackle the issues of line losses & theft, and focus on improving the distribution system
700MW Azad Pattan hydropower project nears financial close
ISLAMABAD: Pakistan and China have taken another step towards achieving the financial close of the 700MW Azad Pattan Hydropower Project, which is...
OGRA notifies Rs49 per Kg cut in LPG price for April
ISLAMABAD: In a notification issued by Oil and Gas Regulatory Authority (OGRA) the prices of Liquefied Petroleum Gas (LPG) have been reduced...
How do petrol pumps make money?
After all of the hullabaloo surrounding the increase in margins, how does the petrol pump business model even work?
Petrol price expected to decrease by Rs10, Diesel Price to surge for second half of July
ISLAMABAD: The government is expected to limit the relief provided to consumers by not fully reducing the price of petrol and potentially...
Govt asked to recover Rs100bn from ‘corrupt’ IPPs
–Probe claims IPPs signed agreements in bad faith to mint billions at govt’s expense, overstated costs
—Experts say that claims made in the...
Excessive power generation capacity troubles once energy-starved Pakistan
After spending decades tackling power shortages, Pakistan is now faced with a new and unfamiliar problem of "excessive electricity generation capacity", Bloomberg...
Why are Pakistan’s furnace oil exports booming?Â
Halfway into the year, Pakistan’s 6MFY24 furnace oil exports outstrip all of fiscal year 2023’s numbers
Energy ministry rejects claims of discovering oil reserves larger than Kuwait’s: sourcesÂ
ISLAMABAD: The Energy ministry has negated caretaker foreign minister’s tall claim of discovering huge oil reserves reportedly bigger than Kuwait's in Pakistan...
Petrol, diesel prices estimated to go down by Rs 13/litre during second half of December
ISLAMABAD: Per litre price of petrol is estimated to go down by Rs 13.10 and high-speed diesel (HSD) is expected to witness...
ECC forms special committee to resolve stalled K-Electric sale
With Abraaj teetering on the verge of bankruptcy, was Arif Naqvi's meeting with PM Imran Khan meant to extract a return favour for the investment made in PTI's election campaign of 2013, as alleged by his ex-wife Reham Khan
‘Mohmand Dam construction contract to CGGC-DESCON made on merit’
WAPDA chairman says int’l bidding for eligible firms was invited for procurement in accordance with PPRA and PEC provisions
ISLAMABAD:Â Water and Power...
Shanghai Electric mulls acquiring 66.4pc stake in K-Electric
KARACHI: K-Electric (KE) has received a fresh Public Announcement of Intention (PAI) from Shanghai Electric to acquire 66.4 per cent voting shares...
SNGPL proposes construction of North-South gas pipeline at $1 billion
ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has been considering constructing the 1,100 kilometre (km)-long North-South Gas Pipeline (NSGP) at a...
Pakistan’s electricity is now less import dependent. But this is why it is still not cheap
Cleaner, more domestic, but not (yet) cheaper: the state of Pakistani electricity