Govt projects Rs32.6 billion from 4G/5G licenses in 2024-25 budget

Plans to generate Rs10 billion from mobile handset levy
PSDP

Govt allocates Rs 267.95 billion for power sector in PSDP 2024-25

ISLAMABAD: The government has allocated Rs 267,952.773 million for various ongoing and new schemes in the power sector as part of the...

Govt unveils over Rs79bn investment to support IT sector growth. Will it amount to anything more than irrelevant IT Parks? 

The government has proposed more than Rs79 billion investment in the IT sector as part of its Rs18.87 trillion budget to boost...

Nepra rejects govt’s reconsideration request on bagasse fuel pricing

Federal government's appeal dismissed on procedural grounds; new mechanism clarified

Govt, power regulator poles apart on revenue-based load-shedding

Power minister defends practice calling it a necessity, Nepra calls for legal amendment

Cnergyico Pk Ltd. announces resumption of refinery operations

After a brief hiatus, Cnergyico to resume operations on May 25, bolstering economic prospects for local industries

TAPI pipeline to be funded bilaterally amid lack of int’l support

In the absence of international funding, Pakistan and Turkmenistan take the reins in financing the strategic pipeline project

FBR blocks over 11,000 SIMs of non-tax filers amid legal disputes

Over 11,000 SIMs of non-tax filers blocked as FBR intensifies tax compliance efforts

KE receives NEPRA’s approval for power acquisition programme

Approval of programme sets stage for energy capacity expansion through 2028

Power sector circular debt soars to Rs2.63tr

Govt had previously assured the IMF of maintaining the power sector's circular debt at Rs2.31tr

Govt to shift from net to gross metering for solar panels amid IMF talks

Plan aims to bolster grid electricity usage and power company revenues, pushing consumers towards more costly grid power

Govt seeks extension on $15.4m energy debt

Restructuring could lower energy costs by Rs3 per unit, easing the burden on consumers

Pakistan, China likely to forge partnership on petrochemical refinery next month

Crucial MoU for joint refinery project involves major players like Sinopec and Saudi Aramco

Govt proposes carbon tax on petroleum amid IMF push for uniform VAT

In efforts to comply with IMF recommendations, Pakistan explores significant tax reforms, including a universal VAT and enhanced petroleum levies

Industrial production declines in 9MFY24

Recent statistics show a sharp 9.35% MoM drop in Pakistan's industrial output as of March 2024