Govt set to cut power tariff as IPP contract revisions yield Rs1.4tr savings, says power minister
No tax on electricity exported by rooftop solar users, but 18% GST applies to grid consumption, clarifies Awais Leghari
Pakistan’s power generation drops 15% in February, reflecting economic slowdown
Decline in electricity consumption linked to high energy costs and shift towards solar power
Chinese firm denies allegations of unfair coal procurement at Sahiwal power plant
Company calls accusations baseless, urges regulatory authorities to investigate claims
Discos seek minor reduction in power tariff despite lower fuel costs
Consumers may get 30 paise per unit relief in April bills if Nepra approves adjustment
Pakistan diverts third LNG cargo as gas demand declines
Government shifts surplus LNG to international market amid low domestic consumption
Govt, banks move closer to deal on Rs1.23 trillion power sector debt resolution: report
Loan restructuring plan includes Rs700 billion at lower rates, fresh Rs523 billion exposure; repayment of this loan will be covered through a Rs2.83/unit Debt Servicing Surcharge on electricity bills
Gul Ahmed Textile Mills to establish four wholly-owned subsidiaries for sustainable textile operations
Stock price rises 1.46% after the company unveils its sustainability-driven expansion strategy
OMC sector posts 39% earnings growth in 1HFY25 despite lower sales
Finance cost reductions, lower taxation boost profits; PSO’s market share declines
Ogra raises RLNG prices for March; SNGPL at $12.94 per mmBtu, SSGCL at $12.72
RLNG rates increase by up to $0.052 per mmBtu amid import cost adjustments
Pakistan’s power sector struggles with low capacity utilisation despite reforms: report
Report highlights inefficiencies, rising costs, and shift towards renewable energy
OMCs strongly oppose refineries’ push for binding “Take or Pay” clause
Enforcing the "Take or Pay" clause without fair market practices will push many small OMCs into severe liquidity crises, risking supply disruptions and potential market exits, warns OMAP
Govt considers net metering rate reduction to ease financial pressure on consumers
Despite the reduction, new users can still recover their investment within four to five years, assures Leghari
Govt mulls lower solar net metering rates, shares plan with IMF officials
Surplus solar power buyback may drop from current Rs27 to Rs10 per unit; tariff restructuring under review
KP launches Rs20bn solar project to provide 130,000 households with free energy
32,500 households to receive free solar panels, batteries, fans, and lights in first phase by selecting through electronic balloting; priority given to vulnerable groups
Govt secures Rs1.25tr loan at lower interest to cut power sector circular debt
Debt to be serviced over six years through Rs2.83 per unit surcharge; Rs463bn expected savings from renegotiated IPP deals