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
Print 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
Print 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
Business & Finance FPCCI urges govt to review agreements with IPPs KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has urged the federal government to... Updated 16 Jul, 2024 01:03pm
Print PSP of Discos cited as reason: World Bank reluctant to finance ‘APMS’ ISLAMABAD: The World Bank is said to have shown its reluctance to finance Asset Performance Management System (APMS)... Updated 16 Jul, 2024 09:30am
Markets Power sector woes: IPP agreements benefit companies but not consumers, Dr Gohar Ejaz says Former caretaker minister for Commerce and Industries Dr Gohar Ejaz has said that the agreements with the... Published 15 Jul, 2024 10:23pm
Editorials The illogical vilification of investors EDITORIAL: Bashing IPPs (Independent Power Producers) – especially those under the CPEC (China Pakistan Economic... Updated 15 Jul, 2024 08:22am
Print To be conducted by PPIB, CPPA-G and Nepra: Govt orders ‘audit’ of agreements with IPPs ISLAMABAD: Minister for Power Sardar Awais Khan Leghari on Friday ordered the audit of dozens of IPPs (Independent... Updated 13 Jul, 2024 08:53am
Print Privatisation of 3 electricity distribution cos: Appointment of financial advisor this year ISLAMABAD: The Senate Standing Committee on Privatization was informed that the appointment of a financial advisor... Updated 13 Jul, 2024 08:55am
Print Domestic consumers: Hike in power rates up to Rs7.12 notified ISLAMABAD: The federal government on Friday notified a hike in electricity prices up to Rs 7.12 per unit for... Updated 13 Jul, 2024 10:32am
Print Power bills: FBR to explain the reasons behind ‘two further taxes’ today ISLAMABAD: The Finance Ministry and the Federal Board of Revenue’s failure to explain the logic of collecting two... Updated 12 Jul, 2024 09:18am
Print PD says ready to annul IPPs pacts if NA panel instructs Remarks of the Power Division comes a day before the meeting of the Senate Standing Committee on Power Updated 12 Jul, 2024 12:11pm
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost