KE signs $50m loan agreement with SC to upgrade power infrastructure
K-Electric has signed $50 million loan agreements with Standard Chartered which is supported by GuarantCo to undertake upgradation of power infrastructure including...
Consumers to pay Rs52bn to DISCOs after hike in electricity prices
ISLAMABAD: Electricity consumers would bear a burden of approximately Rs52.7 billion as the National Electric Power Regulatory Authority (NEPRA) has increased power...
OGRA finally allows RLNG-based connections for new housing societies
ISLAMABAD:Â Almost 17 months after the government's policy for provision of RLNG to private housing societies/colonies, the Oil and Gas Regulatory Authority (OGRA)...
CPPA seeks Rs1.86 per unit hike in electricity tariff
ISLAMABAD:Â The Central Power Purchasing Agency (CPPA) has sought Rs1.86 per unit hike in the power tariff under the head monthly fuel price...
NTDC missed numerous project deadlines in FY18: NEPRA
ISLAMABAD:Â The National Transmission and Desptach Company (NTDC) could not complete a number of projects as per their scheduled dates, resulting in cost...
Minister apprises IMF delegation of power sector reforms
ISLAMABAD:Â A delegation of the International Monetary Fund (IMF), headed by it's Middle East and Central Asia Director Jihad Azour and mission chief...
K-Electric reports Rs12.3bn profit for FY18
KARACHI: The Board of Directors of K-Electric Limited recently approved the company’s financial results for the year ended 30 June 2018.
During the...
NEPRA trashes CASA-1000, urges govt to revisit power supply agreement
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has asked the government to revisit Central Asia-South Asia (CASA-1,000) electricity supply agreement, saying...
ExxonMobil, Pakistan’s UGDC ink LNG import deal
ISLAMABAD: ExxonMobil, the world's largest oil and gas company, has inked a deal with Universal Gas Distribution Company Pvt Ltd (UGDC) wherein...
‘Pakistan to highlight energy-related opportunities in Japan conference’
ISLAMABAD:Â Pakistan would highlight the investment opportunities in its energy sector during the upcoming conference in Japan, scheduled to be held from Sept...
PQA issues provisional LoI for establishment of Energas LNG terminal
ISLAMABAD:Â The Port Qasim Authority (PQA) has issued a provisional Letter of Intent (LoI) to Energas Terminal (Pvt) Limited (ETPL) for the establishment...
Pakistan, Iran sign revised agreement on IP gas pipeline project
The Inter-State Gas Systems (ISGS) and the National Iranian Gas Company (NIGC) have signed a revised agreement on the much-delayed Iran-Pakistan (IP)...
‘500MW solar power plant to be set up in Balochistan’
ISLAMABAD: Power Division Minister Umar Ayub Khan has said that a 500-megawatt solar power plant would be set up in Balochistan with...
DISCOs raise power tariff by 70pc for Punjab export industry
LAHORE:Â The power distribution companies (DISCOs) have raised their electricity tariff for the export-oriented industries of Punjab, charging them up to Rs20 per...
Pakistan, Uzbekistan agree to form JWG on energy
ISLAMABAD: In a meeting with Uzbekistan Ambassador Furqat Sidiqov, Power Division Minister Omar Ayub Khan asserted that Pakistan wanted to take benefit...