Petrol price likely to rise by Rs4 per litre, diesel may see slight reduction
Tax burden on fuel remains high as government collects Rs76 per litre in levies
PAC summons details of top 300 defaulters amid Rs877bn DISCO losses
Public and private entities owe trillions; crackdown on unpaid dues intensifies
Govt in talks with banks to secure Rs1.24tr loan for circular debt reduction: report
Effort aims to ease power sector burden as authorities push for privatisation of DISCOs
Govt opts for privatisation of Discos instead of transferring to provinces
Committee argues provincial takeover won't resolve financial burden, privatisation will improve efficiency and reduce lossesÂ
Govt devises alternative strategy to cut power tariff by Rs8-10 per unit: reportÂ
Reduction to be financed through Rs1.3tr debt servicing savings; development comes ahead of the IMF’s review
Hesco, Sepco seek Rs146.78 billion investment to improve infrastructureÂ
Nepra to hold public hearing on February 27; both Discos report annual losses of Rs130bn
Govt plans India-style electricity exchange to reform power sector
Provinces reluctant to take over DISCOs; privatization and tariff reduction under review
Power sector losing $1bn annually as DISCOs struggle with theft, inefficiencies: report
Circular debt, outdated infrastructure, and poor recovery rates deepen financial crisis
PSO to use SOCAR’s traders in Singapore until joint venture is established
ECC approves international trading company; PSO aims for better oil pricing
Sindh launches Pakistan’s largest biomethane projectÂ
Karachi-based plant to produce 23,000 cubic metres of biomethane gas daily
Nishat Chunian Power adopts ‘Hybrid Take and Pay’ model under revised agreement
Pakgen Power Limited also terminates Power Purchase Agreement
Engro Powergen signs agreement to implement Hybrid Take-and-Pay Model
Company secures PKR 8.04 billion settlement as part of revised power purchase agreement
Pakistan’s furnace oil exports surge 113% to record 189,000 tonnes in January
Total exports for 7MFY25 reach 895,000 tonnes, up 63% year-on-year as power sector phases out furnace oil usage
Pakistan Petroleum Limited secures 10-year lease extension for Sui Gas Field operations
Memorandum of Agreement signed with Balochistan govt for social welfare initiatives
Refineries urge Ogra to delay petrol, diesel imports amid sufficient stock levels
Industry calls for deferral as petrol reserves stand at 36 days, diesel at 39 days