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Discos slammed for issuing inflated bills

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s (FPCCI) Businessmen Panel (BMP) has slammed...

Updated 05 Aug, 2024 09:20am

Opinion

Untangling energy crisis: the ‘misguided’ criticism of IPPs

The narrative dominating Pakistan’s discourse on electricity prices has painted Independent Power Producers (IPPs)...

Updated 01 Aug, 2024 07:52am

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Power regulator assailed for ‘siding’ with govt, utilities

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday came under fire for failing to...

Updated 31 Jul, 2024 10:28am

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CTBCM test run: Nepra reserves determination on final report

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday reserved determination on final...

Updated 31 Jul, 2024 10:18am

Editorials

Calm a jittery market

EDITORIAL: The Minister for Finance and Revenue Muhammad Aurangzeb’s Sunday press conference was a judicious attempt...

Published 30 Jul, 2024 03:10am

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Power sector: Work begins to remove major bottlenecks

The key issue, due to which authorities are worried about, is uncontrolled power sector circular debt which is over Rs2.4 trillion

Updated 30 Jul, 2024 02:48pm

Pakistan

Miftah Ismail says fiscally possible to remove electricity taxes without disturbing primary surplus

Former finance minister says the reduction in revenue collection from eliminating taxes can be offset by reducing funds allocated to the Public Sector Development Programme

Published 29 Jul, 2024 09:27pm

Business & Finance

IPP agreements main reason behind power challenges: PBF

KARACHI: Pakistan Business Forum (PBF) stated that the power purchase agreements (PPAs) with Independent Electricity...

Updated 29 Jul, 2024 09:30am

Markets

Govt urged to conduct forensic audit of IPPs

KARACHI Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen...

Published 28 Jul, 2024 06:49am

Business & Finance

Capacity payment agreements with IPPs: Govt could face severe business disruptions: UBG

KARACHI: Central President of the United Business Group, Zubair Tufail, has warned the government that if the...

Published 27 Jul, 2024 07:08am

Markets

Electricity demand during peak hours registers ‘zero growth’: experts

LAHORE: Demand for electricity during the peak hours has registered zero growth during the last three years due to...

Published 27 Jul, 2024 06:18am

Opinion

IPPs: one of the most difficult conundrums

For decades the public at large has been agitating in futility against electricity tariff hikes and power cuts. This...

Updated 27 Jul, 2024 07:26am

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Nepra tells KE: ‘Load-shedding only when necessary’

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has directed the K-Electric (KE) to carry out...

Updated 27 Jul, 2024 12:54pm

Business & Finance

Pakistan, China discuss finance cooperation

BEIJING: China’s central bank governor Pan Gongsheng on Friday met with Pakistan’s Finance Minister Muhammad...

Published 27 Jul, 2024 06:16am

Opinion

Irresponsible actions could discourage investment in power sector

Pakistan’s power sector, pivotal for the country’s socioeconomic development, is currently grappling with a dire...

Updated 25 Jul, 2024 07:36am

Print

Karachi Port: Leakage of Rs1.2trn duty must be plugged: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that tax pilferages such as the leakage of almost Rs1.2...

Updated 25 Jul, 2024 12:21pm

BR Research

Static demand, costly power

Power generation in June 2024 at 13 billion units stayed lower 2 percent year-on-year–and so did the FY24 net...

Published 24 Jul, 2024 07:49am

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Public sector power projects: Govt intends to reduce RoE

ISLAMABAD: The federal government has reportedly made its mind to reduce the Return on Equity (RoE) of public sector...

Updated 24 Jul, 2024 09:36am

Print

$13.3bn needed for universal power access: World Bank

ISLAMABAD: The total capital investment required to achieve universal electricity access in four provinces of...

Updated 24 Jul, 2024 09:06am

Markets

FY24 power generation drops 2pc YoY

KARACHI: Pakistan’s power generation recorded at 127,259 GWh (14,504MW) during FY24 down 2.0 percent on...

Published 23 Jul, 2024 06:34am

Markets

Power generation in Pakistan down, cost also decreases over 10% YoY in June

Power generation in Pakistan clocked in at 13,460 GWh (18,090 MW) in June 2024, a decrease of 1.9% YoY as compared...

Updated 22 Jul, 2024 08:06pm

Opinion

Smoke and mirrors

Pakistan’s energy sector is in a peculiar mess. On paper, the electricity supply is sufficient at a lower energy...

Updated 22 Jul, 2024 07:17am

Print

KP to shift 100 schools, 3050 mosques on solar energy

PESHAWAR: Khyber Pakhtunkhwa government has begun work on several solar energy projects to solve the problem of...

Updated 22 Jul, 2024 09:24am

Pakistan

JI chief demands forensic audit of IPPs

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem ur Rehman has demanded a forensic audit of Independent Power Producers...

Published 22 Jul, 2024 05:39am

World

Iraq to import electricity from Turkey

BAGHDAD: Iraq said Sunday a new power line will bring electricity from Turkey to its northern provinces as...

Published 22 Jul, 2024 05:39am

Business & Finance

Rs105b recovered in campaign against power pilferage

Concerned authorities collect more than 1 billion 63 crore rupees from electricity thieves in Lahore, Gujranwala, Faisalabad, Multan, and Islamabad between June 30 and July 17

Updated 21 Jul, 2024 11:55pm

Markets

Murad reviews plans for free electricity to low-income consumers

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, presiding over a meeting, has decided to implement the PPP...

Published 20 Jul, 2024 05:34am

Business & Finance

Govt to return longstanding funds of over Rs60bn to USF

ISLAMABAD: The government will return the longstanding funds of over Rs60 billion to the Universal Service Fund ...

Published 20 Jul, 2024 05:34am

Print

Buyback rate of net metering likely at average energy cost

ISLAMABAD: The government is likely to fix the buyback rate of net metering at average energy cost aimed at...

Updated 19 Jul, 2024 09:32am

Print

From FY12 onward: Rs4.975trn subsidy given to power sector: MoF

ISLAMABAD: The Finance Ministry has stated that the government has provided Rs 4.975 trillion subsidy to the power...

Updated 17 Jul, 2024 04:36pm