Petroleum dealers association threatens nationwide petrol pump closure
LAHORE: In a press conference held at the Pakistan Petroleum Dealers Association (PPDA) headquarters in Lahore, representatives of the PPDA expressed their...
NEPRA grants K-Electric 6-month licence extension during renewal process on strict conditions
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has granted a provisional 6-month extension in K-Electric's distribution licence, which was scheduled to...
NEPRA raises electricity tariff by Rs1.9 per unit as FCA in additional burden on consumers
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified an increase in the price of electricity by Rs 1.90 per unit...
Cabinet Committee approves negotiations on framework agreement for $1.8bn investment at Karachi Port Development
ISLAMABAD: The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) has given the go-ahead for negotiations on a Framework Agreement and constituted a...
OCAC warns OGRA’s decision to reduce diesel price comes at industry’s expense
Association warns OGRA’s “deviations from pricing formula” can cripple the industry
NAB closes inquiry into Port Qasim and Sahiwal coal power projects
ISLAMABAD: The National Accountability Bureau (NAB) has officially closed its inquiry into the Port Qasim Coal Power Project and Sahiwal Coal Power...
Pakistan Refinery Limited, and Airlink make joint play for Shell
Who are these two? Why have they come together? And why do they want Shell?
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...
NEPRA Determines Consumer-End Tariff for FY 2023-24, Average Tariff Increased by Rs. 4.96/unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has finalized the consumer-end tariff for the fiscal year 2023-24, with the national average...
Major changes in the offing at K-Electric
New owners announce that they have filed to dissolve the holding company that owns KE.
Govt takes steps to reduce circular debt, pays off Rs142bn to IPPs
ISLAMABAD: In a momentous move to lower the stock of circular debt, the government has successfully cleared pending dues amounting to Rs.142...
NAB relaunches probe into alleged Rs500bn scam involving payments to favoured IPPs
The inquiry was prompted by the recently amended NAB Act of 2022,, could once again result in delay of payments.
Proposed amendments to NEPRA Act raise concerns over potential favoritism
The federal government's decision to introduce amendments to the Regulation General, Transmission and Distribution of Electric Power Act, 2021 has sparked concerns...
Govt announces bonded bulk storage policy to address fuel hoarding, ensure supply
Introduction of policy expected to discourage hoarders from manipulating fuel prices, destabilising market
Pakistan is fishing for LNG suppliers again. But why does no one want to bite?
The news stories hit like clockwork every year. As the winters approach, different industries start complaining that there is not enough gas...