KP loses Rs583 million per day due to electricity theft and technical inefficiencies, report reveals
PESCO report shows province lost Rs193.4 billion in 11 months, with Bannu facing the highest losses at 73.86%; Losses attributed to political interference, lack of cooperation from local authorities, and outdated infrastructure
Kohala Hydro seeks extension of Letter of Support for $2.5bn project to protect water rights under Indus Waters Treaty
Company requests LoS extension until September 30, 2027; stresses the timely development of 1,124 MW hydropower project is essential for Pakistan to protect its rights to Jhelum water
Senate panel approves new power bill surcharges to repay circular debt
Consumers to face higher electricity costs as surcharge cap lifted under IMF-aligned fiscal reforms
Attock refinery signs agreement with Italian firm STP for $600 million upgradation project
Cost of the upgradation project estimated up to US$ 600 million
Federal cabinet approves Rs1.275 trillion bank loan to cut power sector circular debt
Markup for the loan set at 0.9percent below KIBOR
At PSO, circular debt stops growing
Consumer spending recovery helps stabilize company; better policy results in at least a stemming of the bleeding; and electric charging stations help prepare for the end of the age of oil
OGDCL discovers gas and condensate from exploratory well Faakir-1 in Sindh
Test results indicate a production of 6.4 million standard cubic feet of gas per day and 55 barrels per day of condensateÂ
Solar panel prices surge ahead of 18% sales tax takes effect
Traders blame importers for price hike, PSA voices strong opposition to proposed tax, urges government to reconsider its decisionÂ
Pakistan to increase refining capacity by 15% by 2027Â
Govt sets targets for crude oil and natural gas production at 24.24 million barrels and 1.24 trillion cubic feet, respectively, for FY26
OGRA slaps over Rs400 million penalty on 20 OMCs for stock shortfalls, local uplift failures
OGRA fines 20 oil firms over Rs400 million for failing stock cover and refinery uplift mandates, warns of stricter action for non-compliance
Govt slaps Rs. 2.5/Litre carbon levy on petrol, diesel, and furnace oil in budget 2025–26
Government introduces Pakistan’s first carbon pricing mechanism to curb emissions, fund climate projects, and realign energy policy with global environmental goals.
Rs104 billion proposed for Power Division, Rs 719 million for petroleum division in PSDP 2025-26
Transmission upgrades, Jamshoro plant, and satellite-based exploration dominate energy allocations
Pakistan’s nuclear power plants contribute 3,530 MW to electricity generation amid declining consumption
Energy mix diversifies with rise in clean energy sources, while electricity consumption drops due to high tariffs and energy conservation
Power demand shrinks 3.6% in FY25 due to tariff hike, weak industry
Electricity consumption in Pakistan declined by 3.6 percent during the first nine months of the ongoing fiscal year, reflecting the impact of...
Saif Power struggles in life outside guaranteed returns contracts
Profits exist, but margins are meager relative to the old heyday, and the company has no clear plans for growth