As the government expedites work on executing the multi-billion-dollar Rekodiq Gold and Copper project, the government has decided to initiate a $390 million project to connect Gwadar through a Railway link. The government has declared the Reko-Diq Project as ‘qualified investment’ under the Act of Parliament and considers that railway track access is critical to…
The consumers are likely to face an increase in electricity bills for September 2025, up to Rs 0.91 per unit on account of fuel adjustment for the month of August 2025. The National Electric Power Regulatory Authority (NEPRA) is set to hold a public hearing on September 29, 2025.Nepra Holds NTDC Responsible for Power Blackout…
Vienna, Austria: Pakistan and the International Atomic Energy Agency (IAEA) signed the fifth Country Programme Framework (CPF) for 2026–2031 on the sidelines of the ongoing IAEA General Conference in Vienna on Wednesday. The Framework was signed by Dr. Raja Ali Raza Anwar, Chairman Pakistan Atomic Energy Commission (PAEC), on behalf of Pakistan, and Mr. Hua…
The government has introduced a new fee structure for domestic re-gasified liquefied natural gas (RLNG) connections, marking a major shift in the country’s energy supply policy. A notification from the Petroleum Division stated that all new gas connections will now be RLNG-based. This follows a federal cabinet decision to impose a permanent ban on new…
Power Division reports progress on electricity restoration in flood-affected areas with varying timelines across regions. The Power Division has reported substantial progress in restoring electricity supply across multiple flood-affected regions of Pakistan. It said that hundreds of feeders and dozens of grids were gradually returning to service. Despite the scale of damage, restoration efforts are…
NEPRA has modified the tariff for cold storages engaged in processing, value addition, and long-term preservation will be placed under the industrial tariff. However, those used only for short-term retail storage will remain under the commercial tariff. The Authority has modified its earlier decision after reviewing petitions, submissions from stakeholders, and input from finance and…
The speculation of signing a circular debt deal on Tuesday pushed the stock prices of energy companies upwards. Oil and Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL), and Pakistan State Oil Limited (PSO) have performed well and led to rising prices of shares on the stock market. The Energy sector garnered investors’ interest,…
The board of directors of Sui Southern Gas Company Limited (SSGC) has been operating without a permanent, elected body since October 2022, reflecting one of the most prolonged governance crises in Pakistan’s energy sector. This is despite the fact that the Petroleum Division had asked the company to appoint a new board of directors. The…
Aftab Ahmed PSO’s 2020 equity swap plan for Guddu, Nandipur plants never took off; circular debt still haunts Pakistan’s energy sector despite privatization moves Pakistan State Oil (PSO) had once planned to get stakes in Guddu and Nandipur Plants to receive its dues from the power sector in 2020. However, that plan had not been…
Islamabad: The Oil & Gas Development Company Limited (OGDCL) — Pakistan’s largest state-run oil and gas explorer, has shifted its focus on optimizing oil and gas production to address the issue of the energy crisis in Pakistan. Though the past management has been facing controversies over high perks and luxury car imports, the current management…