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: 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: 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: 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: 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: 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: The Senate Standing Committee on Power Division was...

Petrol prices likely to go up by 12%

KARACHI: 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: The three-day 8th edition of 'Solar...

Govt to increase electricity prices by Rs2 per unit

ISLAMABAD: The government on Wednesday decided to increase electricity prices by Rs2 per unit. The hike in the prices will put an additional burden...

ECC orders speedy establishment of new LNG terminal

Approving FBR's proposal, the committee waves off the accumulated penal surcharges of Rs700m against overstayed consignments at ports ISLAMABAD: Keeping in mind...

‘Circular debt to be brought down to Rs225bn by Dec’

Minister says some 450 officials of various distribution companies have been terminated for being involved in power pilferage ISLAMABAD: Reiterating the government's firm...

Thar coal plant starts electricity generation

EPTL tests and energizes the first unit of 330MW of the combined 660MW power plant – located in Thar Block II KARACHI: It...