Discos seek minor reduction in power tariff despite lower fuel costs

Consumers may get 30 paise per unit relief in April bills if Nepra approves adjustment

Pakistan diverts third LNG cargo as gas demand declines

Government shifts surplus LNG to international market amid low domestic consumption

Govt, banks move closer to deal on Rs1.23 trillion power sector debt resolution: report

Loan restructuring plan includes Rs700 billion at lower rates, fresh Rs523 billion exposure; repayment of this loan will be covered through a Rs2.83/unit Debt Servicing Surcharge on electricity bills

OMC sector posts 39% earnings growth in 1HFY25 despite lower sales

Finance cost reductions, lower taxation boost profits; PSO’s market share declines

Ogra raises RLNG prices for March; SNGPL at $12.94 per mmBtu, SSGCL at $12.72

RLNG rates increase by up to $0.052 per mmBtu amid import cost adjustments

Pakistan’s power sector struggles with low capacity utilisation despite reforms: report

Report highlights inefficiencies, rising costs, and shift towards renewable energy

OMCs strongly oppose refineries’ push for binding “Take or Pay” clause

Enforcing the "Take or Pay" clause without fair market practices will push many small OMCs into severe liquidity crises, risking supply disruptions and potential market exits, warns OMAP 

Govt considers net metering rate reduction to ease financial pressure on consumers

Despite the reduction, new users can still recover their investment within four to five years, assures Leghari

Govt mulls lower solar net metering rates, shares plan with IMF officials

Surplus solar power buyback may drop from current Rs27 to Rs10 per unit; tariff restructuring under review

KP launches Rs20bn solar project to provide 130,000 households with free energy

32,500 households to receive free solar panels, batteries, fans, and lights in first phase by selecting through electronic balloting; priority given to vulnerable groups

Govt secures Rs1.25tr loan at lower interest to cut power sector circular debt

Debt to be serviced over six years through Rs2.83 per unit surcharge; Rs463bn expected savings from renegotiated IPP deals

NEPRA reduces electricity tariff by Rs2.12/unit for DISCOs, Rs3/unit for K-Electric

Tariff cut for DISCOs applied under January’s FCA; KE reduction implemented based on December’s FCA

Pakistan industries pay almost twice the power costs of China, India, and US: report

High electricity costs are putting Pakistan’s export competitiveness at a disadvantage

HUBCO subsidiary adopts hybrid tariff model under new deal with govt

Agreement introduces ‘Hybrid Take and Pay’ model; CPPA will make payment of outstanding receivables as of October 31, 2024 within 90 days of approval of Agreement by Cabinet

Refineries urge OGRA to enforce binding supply obligations on OMCs

Five refineries write letter to Ogra to convene an urgent meeting with OMCs to finalise binding clause ensuring local product uplift before imports