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.   

Karachi Port Trust increases its tariff after two decades 

The wet charges are set to be hiked after reductions over the past two decades 

Saudi Arabia says new oil cuts show teamwork with Russia is strong

Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do "whatever necessary" to support the market,...

Proposed amendments to NEPRA Act raise concerns over potential favoritism

The federal government's decision to introduce amendments to the Regulation General, Transmission and Distribution of Electric Power Act, 2021 has sparked concerns...

Govt announces bonded bulk storage policy to address fuel hoarding, ensure supply

Introduction of policy expected to discourage hoarders from manipulating fuel prices, destabilising market

Pakistan is fishing for LNG suppliers again. But why does no one want to bite?

The news stories hit like clockwork every year. As the winters approach, different industries start complaining that there is not enough gas...
SNGPL head office

SNGPL board removes Ali Javed Hamdani as Managing Director 

The contract termination comes in light of serious allegations of malpractices, corruption and nepotism, which have plagued the company under his leadership

Lahore electricity shortfall surges 1000MW

The citizens of Lahore suffers major power outage, as the demand for electricity surpassed the production capacity of the Lahore Electric Supply...