Power companies disclose defaulters as arrears rise above Rs300bn
LAHORE:Â The outstanding amount of electricity bills in the country has reached over Rs300 billion, as the electricity distribution companies have displayed names...
‘Use of oil as weapon by nations threatens Opec’
Any country using oil as a weapon could cause the collapse of oil producer group Opec, Iran’s Oil Minister Bijan Zanganeh said on Wednesday.
Defaulters owe Rs244.8bn to electric companies, majority being connections to tube wells
Energy defaulters owe a total of Rs244.79 billion as 10 major electricity distribution companies have published names of 45,914 defaulters.
Iran to continue oil exports despite US ban
Fars news agency reported that 70,000 barrels were sold at $60.68 a barrel. Iran does not reveal the identity of private buyers on the energy exchange because they might be targeted by US penalties.
Petrol prices remain unchanged, at least for now
In its summary, OGRA had suggested Rs14.37 per litre increase in petrol prices, Rs4.89 per litre increase in diesel prices, Rs7.46 per litre in kerosene oil and Rs6.40 per litre hike in Light diesel prices.
‘Rs51bn recovered from power sector in four months’
ISLAMABAD:Â Power Division Minister Omer Ayub Khan said on Tuesday that recovery in the power sector has witnessed an overall increase of Rs51...
US sanctions over Iran oil will ‘intensify Mideast turmoil’: China
BEIJING: China warned on Tuesday that the US decision to impose sanctions on buyers of Iranian oil will "intensify turmoil" in the...
‘Transmission system being improved to meet electricity demand this summer’
ISLAMABAD:Â Power Minister Omar Ayub Khan has said that transmission system is being improved to meet electricity demand in the summer season.
In an...
Power sector payables reach Rs807bn
ISLAMABAD:Â Despite the incumbent government's efforts to increase the power sector collection, the payables of the sector reached Rs807 billion as of December...
NEPRA jacks up power tariff by 81-paisa per unit
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Thursday gave its approval to increase the power tariff by Rs0.81 per unit on...
K-Electric’s receivables surge to Rs158.8bn
KARACHI:Â The outstanding receivables of K-Electric (KE) have ballooned to Rs158.8 billion on account of outstanding payments from various federal and provincial public...
IPPs get relief as IHC suspends NEPRA’s suo moto notice
ISLAMABAD:Â The Islamabad High Court (IHC) has suspended National Electric Power Regulatory Authority's suo moto notice to residual fuel oil (RFO)-based Independent Power...
‘Liabilities causing impediments in privatisation of K-Electric’
Power Division secretary says public companies, including SSGC and NTDC, owe Rs125bn to K-Electric
ISLAMABAD:Â The Senate Standing Committee on Power Division was...
Petrol prices likely to go up by 12%
KARACHI:Â Oil prices are likely to increase by up to 12.8 per cent due to fluctuation in global oil prices for April.
In a...
‘Pakistan can generate 2.9m MW clean energy from solar power’
Punjab minister says renewable energy will reduce cost of doing business, promote industrialization and encourage investment
LAHORE:Â The three-day 8th edition of 'Solar...