Govt plans to adopt environment friendly fuel, might face resistance from refineries
The government is looking to upgrade fuel used in Pakistan to a more environment friendly Euro-5 standard in a bid to counter...
Pact with IPPs good step but forensic audit necessary to save industry: FPCCI
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday termed the government’s recent agreement with the Independent Power Producers...
Omar Ayub vows to control circular debt, reduce power tariff
ISLAMABAD: Minister for Energy Omar Ayub Khan on Wednesday reiterated Pakistan Tehreek-e-Insaf (PTI) government’s resolve to curtail power sector circular debt and...
Asia to import record LPG in 2020 as pandemic boosts demand for protective gear, cooking
SINGAPORE: Asia will likely import record volumes of liquefied petroleum gas (LPG) in 2020 as firms snap up the fuel to make...
IESCO refutes report claiming Power Division’s involvement in company issues
ISLAMABAD: Islamabad Electric Supply Company (IESCO) on Monday refuted a report which claimed that the Power Division has been "trying to transfer...
Accord with IPPs to reduce power generation cost: Omar Ayub
Energy Minister Omar Ayub Khan said on Monday that the federal government, through its new agreement with IPPs, was working towards reducing...
Govt announces Sitara-e-Imtiaz for team that saved $1.2bn penalty in Karkey case
The highest civilian award, Sitara-e-Imtiaz, has been announced for the team which helped save a $1.2 billion penalty on Pakistan in the...
IESCO smells a rat in Power Division’s workings
ISLAMABAD: Islamabad Electric Supply Company (IESCO) Chief Executive Officer (CEO) Shahid Iqbal Chaudhry on Saturday alleged that the Power Division has been...
New agreement with IPPs to ensure cheap electricity, says Faraz
ISLAMABAD: Minister for Information and Broadcasting Shibli Faraz on Saturday said that the new agreement with Independent Power Producers (IPPs) would enable...
Power plants installed during PMLN’s tenure helped end power crisis, says Razak Dawood
ISLAMABAD: Adviser to the Prime Minister for Commerce, Textile, Industry, Production and Investment Abdul Razaq Dawood on Saturday gave credit to the...
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
Pakistan to domestically generate 60pc electricity by 2030: minister
--Omar Ayub says new energy policy will help reduce electricity tariff
--SAPM Nadeem Babar assures transparent bidding in renewable energy projects
ISLAMABAD: Federal Minister...
Govt urged to ensure uniform rates for domestic, imported LPG
LAHORE: Pakistan Liquefied Petroleum Gas (LPG) Marketers Association (PLPGMA) on Tuesday urged the government to ensure uniform rate of General Sales Tax...
Neelum-Jhelum plant generates Rs120bn revenue: WAPDA
ISLAMABAD: The 969 MW Neelum-Jhelum Hydropower Plant has achieved another landmark by contributing a gross 10-billion units of electricity to the national...
K-Electric raises Rs25bn in Sukuk offering
With oversubscription of IPO portion of Sukuk by almost 2.5 times, the power utility was able to close the subscription two weeks ahead of schedule