IESCO billing fraud irks Senate body

ISLAMABAD: The Senate's Standing Committee on Power has expressed serious annoyance over heavy billing fraud in the Islamabad Electric Supply Company (IESCO). The Senate...

AEDB reviews renewable energy policy draft

ISLAMABAD: The 45th board meeting of the Alternative Energy Development Board (AEDB) was held in Islamabad on Friday under the chairmanship of Power...

Pakistan to challenge $6.2bn Reko Diq penalty: minister

Power Division Minister Omar Ayub Khan said on Monday that Pakistan has decided to challenge the $6.2 billion penalty in the Reko...

Saudi companies urged to invest in Pakistan’s energy sector

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has urged the Saudi companies to invest in the power sector in order...

Pakistan, Saudi Arabia review progress on energy MoUs

ISLAMABAD: Pakistan and Saudi Arabia have reviewed the progress made on existing memorandums of understanding (MoUs) in the energy sector and discussed...

PM orders inquiry into power sector; committee formed

ISLAMABAD: In an apparent bid to rectify the wrongdoings of the past and to ensure future security, a nine-member committee has initiated...

Power supply to reach 26,000MW by next year, PM told

ISLAMABAD: Prime Minister Imran Khan was informed on Wednesday that for the first time in the country’s history, the target of 23,000 megawatts...

Govt to surpass 2.4pc growth target, says finance adviser

Hafeez Shaikh says govt expects to generate Rs800bn in non-tax revenues Says overall CAD reduced by 73pc due to considerable increase...

Asia’s growing coal use could negate global climate change progress: UN

BANGKOK: Asia's heavy and expanding reliance on coal power risks cancelling out global progress towards preventing catastrophic climate change, a top United Nations...

NEPRA approves tariff hike of Rs1.78 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved 1.78 paisa per unit hike in power tariff under the fuel adjustment...

Govt to introduce new LNG policy next month, says Babar

ISLAMABAD: Special Assistant to the Prime Minister on Petroleum Nadeem Babar on Thursday said that a new policy on liquefied natural gas...

NEPRA asked to hike power tariff by Rs1.93 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has been asked on Thursday to increase the electricity tariff by Rs1.93 per unit. The...

Iran-Pakistan gas pipeline to be completed by 2024

--Pakistan, Iran will sign a third agreement for the gas pipeline in Turkey next week ISLAMABAD: Pakistan and Iran have decided to complete...

Power Division posts record increase in revenue

--Statistics indicate efforts against power theft are finally bearing fruit ISLAMABAD: In the first month of the new fiscal year i.e. July 2019,...

Govt waives off Rs208bn GIDC through presidential ordinance

--The amount had already been collected from the people during last five years ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has waived off approximately...