‘Pakistan’s hydrocarbon reservoirs to deplete 60pc by 2027’

ISLAMABAD: Quoting a recent study about the fast depleting hydrocarbon reservoirs in the country, a senior official privy to the petroleum sector...

AEDB to finalise renewable energy policy draft on 22nd

The Alternative Energy Development Board (AEDB) would hold a consultative meeting with all stakeholders on August 22 for the finalisation of the...

30pc vehicles to go electric in 10 years, says PM’s aide

Pakistan has formulated a new transport policy under which at least 30 per cent of vehicles will go electric by 2030, said...

Power sector witnesses Rs121bn increase in revenues

'Govt envisions increasing the share of renewable energy to 20pc by 2025' ISLAMABAD: The power sector revenues have witnessed a significant increase of...

High energy costs hampering Pakistan’s cement exports

'Increased govt levies are encouraging unscrupulous elements to import under-invoiced Iranian cement' LAHORE: Pakistan has been losing a major share of its...

FIA arrests more accused in IESCO billing fraud probe

ISLAMABAD: The Federal Investigation Agency's Anticorruption Circle (Islamabad) has arrested three more accused in the Islamabad Electric Supply Company (IESCO) billing fraud...

‘Around 2.5m applications for new connections pending with SNGPL’

SNGPL managing director says gap between demand and supply of natural gas is increasing due to depletion of existing hydrocarbon reserves ISLAMABAD: The...

Rs5.15 per litre hike in petrol price

LAHORE: The federal government on Wednesday approved a hike in petroleum prices by up to 10 per cent following an increase in...

IESCO officials allegedly rob power consumers of Rs1.8bn

ISLAMABAD: The Islamabad Electric Supply Company (IESCO) officers, allegedly in connivance with the staff of private banks and collective bargaining agent (CBA), have...

Tarbela operating at maximum capacity, producing 4888MW

Tarbela Dam has reached its maximum power generation capacity of 4888 MW after recent rains spell of Monsoon in July, a local...

NEPRA take notice of power outages, loss of lives in Karachi

National Electric Power Regulatory Authority (NEPRA) has taken serious notice of media reports regarding power outages and loss of human lives due...

Planning Commission asked to expedite work on Naulong Dam

ISLAMABAD: The Senate's Standing Committee on Water Resources has directed the Planning Commission (PC) to expedite the process of approving PC-1 of Naulong...

Govt plans to bring down circular debt to Rs225bn by December

ISLAMABAD:The incumbent government has embarked on an ambitious programme to cut down circular debt to Rs225 billion by December after it escalated...

OGRA issues 98 permits to streamline LPG supply  

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued around 98 different permits to streamline matters related to the Liquefied Petroleum...

Increasing gas prices damaging economy, says PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said faster than expected rise in the prices of locally-produced and imported gas is...