NEPRA defers final decision on FCA and quarterly adjustment relief

Quarterly and monthly relief proposals under review amid summer price hike warnings

Power sector circular debt rises to Rs2.396 trillion

Overall circular debt down by Rs398 billion from last year

Fuel prices to remain stable for next fortnight, minor adjustments expected

Government holds back minor price changes as global oil prices remain under pressure

World Bank likely to extend CASA-1000 deadline to 2028: report

Project delays in Afghanistan prompt Pakistan to seek 3-year extension

Power sector subsidy in FY2025-26 to rely on available fiscal space: Finance Ministry 

Finance Ministry insists on utilizing allocated funds for power sector liquidity needs, urges verification of subsidy claims before further releases

Power Division tasked with completing privatisation of three DISCOs by Q2 of FY2025-26

Standing Committee on Privatisation sets deadline for Power Division to finalise terms for privatization of Hesco, Pesco, and Fesco by September or October 2025; privatisation process to begin by end of May

Kuwait Foreign Petroleum Exploration Company to participate in Pakistan’s offshore bidding round

Minister for Petroleum Ali Pervaiz Malik meets Kufpec’s Ali Taha Al-Temimi to discuss collaboration and offshore bidding participation

Pakistan diverts fifth LNG cargo to international market amidst domestic energy concerns

PLL redirected four LNG cargoes scheduled for February to May 2025 under a long-term agreement with ENI

CPPA-G receives Rs 148.75 billion from SBP for Tariff Differential Subsidies

Fund disbursement to cover tariff differential subsidies for FY 2024-25, including payments to government and private power plants

CPPA-G, state-run power firms seek tariff cuts for government-owned plants

NEPRA to hold public hearing on April 24 on tariff cut petitions

Pesco launches crackdown on govt, semi-govt depts in KP to recover Rs2.8bn in overdue payments

Campaign aims to address mounting backlog of unpaid bills that has put significant strain on the company’s financial resources

Leading banks finalise Rs1.275trn rescue plan to support ailing power sector

Deal formalised with signing of term-sheet at HBL in Karachi, disbursement expected in May; loan will be repaid over six years with an interest rate of 10.5% to 11% 

Power generation rises 5% to 8,409 GWh in March, 62% produced from local coal

Despite the March growth, overall generation down by 2% in the first nine months of FY2024-25

Asian nations, including Pakistan, look to buy more US energy to offset trade imbalance

Pakistan may buy US crude equivalent to current imports of oil and refined products, or about $1 billion of oil: report

Central Power Purchasing Agency nears to sign deal with 18 banks for Rs1.275trn loan to reduce circular debt

Agreement expected by weekend, loan will provide fresh funding of Rs617 billion at 10.50% to 11% mark-up, repayments to be funded through Rs 3.23 per unit Debt Service Surcharge