NEPRA raises electricity tariff by Rs1.9 per unit as FCA in additional burden on consumers 

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified an increase in the price of electricity by Rs 1.90 per unit...

Cabinet Committee approves negotiations on framework agreement for $1.8bn investment at Karachi Port Development

ISLAMABAD:  The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) has given the go-ahead for negotiations on a Framework Agreement and constituted a...

OCAC warns OGRA’s decision to reduce diesel price comes at industry’s expense

Association warns OGRA’s “deviations from pricing formula” can cripple the industry

NAB closes inquiry into Port Qasim and Sahiwal coal power projects

ISLAMABAD: The National Accountability Bureau (NAB) has officially closed its inquiry into the Port Qasim Coal Power Project and Sahiwal Coal Power...

Pakistan Refinery Limited, and Airlink make joint play for Shell 

Who are these two? Why have they come together? And why do they want Shell? 

Petrol price expected to decrease by Rs10, Diesel Price to surge for second half of July

ISLAMABAD: The government is expected to limit the relief provided to consumers by not fully reducing the price of petrol and potentially...

NEPRA Determines Consumer-End Tariff for FY 2023-24, Average Tariff Increased by Rs. 4.96/unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has finalized the consumer-end tariff for the fiscal year 2023-24, with the national average...

Major changes in the offing at K-Electric 

New owners announce that they have filed to dissolve the holding company that owns KE. 

Cement manufacturers, electricity customers in for a treat as coal prices tumble

Richards Bay Coal futures contracts drop to lowest price since May 2021

PICT clarifies end of operations, handover 

The concession agreement between PICT, and KPT comes to an end as PICT ceases operations

Why and how is HBFC being privatised? 

No new bids received even after the deadline was extended 8 times.

NEPRA notifies Rs1.24 per unit hike in power tariff 

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued a notification announcing an increase in electricity rates by Rs 1.24 per...

After $82mn controversy in Uch, OGDCL issues LoI to second bidder 

Joint venture between Presson Descon and SNGPL, which was earlier awarded the project, failed in March

Govt takes steps to reduce circular debt, pays off Rs142bn to IPPs

ISLAMABAD: In a momentous move to lower the stock of circular debt, the government has successfully cleared pending dues amounting to Rs.142...
IPPs

NAB relaunches probe into alleged Rs500bn scam involving payments to favoured IPPs

The inquiry was prompted by the recently amended NAB Act of 2022,, could once again result in delay of payments.