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...
IPPs

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...
SNGPL head office

SNGPL board removes Ali Javed Hamdani as Managing Director 

The contract termination comes in light of serious allegations of malpractices, corruption and nepotism, which have plagued the company under his leadership

Lahore electricity shortfall surges 1000MW

The citizens of Lahore suffers major power outage, as the demand for electricity surpassed the production capacity of the Lahore Electric Supply...

Pakistan grapples with depleting gas resources

EPRC’s policy report unveils way forward

Pakistan receives zero bids in latest LNG tender, signaling continued energy crisis

PLL had issued tender for delivery of 6 cargoes in Oct and Dec; second tender to close on July 14 

Russia denies granting ‘special’ oil discount to Pakistan

PM Shehbaz had announced arrival, unloading of first Russian discounted crude oil cargo last week