ECC okays up to 190pc rise in gas price

The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved up to 190 per cent hike in natural gas tariff for domestic consumers...

NEPRA hikes power tariff by 10 paisa per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday allowed an increase of 10 paise per unit in the power tariff for consumers under...

CPPA proposes 21 paisa per unit hike in power tariff

ISLAMABAD: The Central Power Purchasing Agency (CPPA) has recommended the National Electric Power Regulatory Authority (NEPRA) to increase electricity tariff by 21 paisa per...

Govt to pursue corruption charges against Karkey in rental power project

LAHORE: The government of Pakistan has decided to sever all efforts to reach an out of court settlement with the Turkish company Karkey on...

Second Pakistan energy sukuk worth Rs200bn launched to pay circular debt

Earlier, in March, the government issued the first tranche of bonds worth Rs200 billion and Meezan Bank was the largest investor in the Sukuk with the participation of Rs88 billion

NEPRA increases power tariff by Rs1.49 per unit

The National Electric Power Regulatory Authority (NEPRA) has increased the power tariff by Rs1.49 per unit for consumers, a private media outlet reported. Power distribution...

ADB to conduct feasibilities for installation of smart metres in KP, Sindh

ISLAMABAD: Asian Development Bank (ADB) will conduct feasibilities in the Peshawar, Hyderabad and Sukkur electric supply companies for installation of smart (AMI) metres and ABC...

NTDC to ulitise modern technology to supervise transmission line towers

'A GSM technology-based CCTV camera will be installed on transmission line towers which will ring an alarm to the control room in case...

‘New renewable energy policy to facilitate investors’

ISLAMABAD: Power Minister Omar Ayub Khan has said a new renewable energy policy would be introduced to provide a level and competitive field to investors...

Chinese company to finally acquire K-Electric this year

'If no hiccup comes in the way, Shanghai Electric will take over K-Electric by Sept-Oct 2019' China’s Shanghai Electric Power (SEP) is expected to...

CPHGC Unit II synchronised with national grid

The 660MW Unit II of the China Power Hub Generation Company (CPHGC) 2x660MW coal-fired power plant was successfully synchronised with the national grid of...

Pakistan’s circular debt stands at Rs795bn, PAC told

Pakistan's circular debt in the power sector has risen to Rs795 billion, Ministry of Energy & Power Division Secretary Irfan Ali told Public Accounts...

PM, Chinese Vice President launch four mega CPEC projects

Both the dignitaries unveiled the plaques of the four projects at a ceremony held here during the visit of the Chinese vice president who is here on a three-day visit.

Planning minister underscores need for regional connectivity

Khusro Bakhtiar says timely completion of CASA-1000 project is among top govt priorities ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has stressed the...

Minister vows to end circular debt by Dec 2020

ISLAMABAD: Power Minister Omar Ayub Khan said on Friday that a system of automatic metering is being introduced in the country to bring efficiency in the...

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FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

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Intel launches first artificial intelligence chip Springhill

JERUSALEM: Intel Corp on Tuesday launched its latest processor that will be its first using artificial intelligence (AI) and is designed for large computing...