Energy
Kuwait Signals Strong Investment Interest in Pakistan
Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, held a meeting with the Minister of Finance and Renewable Energy of Kuwait and Chairman of the Kuwait…
Energy
Energy
Nepra On Driving Seat Now To Block Solar Net Metering
The power division has been struggling to tighten policy to discourage a use of solar net metering. But prime minister Shahbaz Sharif had blocked a move…
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Consumers May Face a Cut in Electricity Bills January 2025
Power consumers may enjoy a relief in electricity bills due to a reduction in tariff of Rs 0.71 per unit on account of fuel adjustment charges…
Energy
Consumers to Fund Power Debt via Surcharge
Electricity consumers in Pakistan are to continue financing the power sector’s circular debt, as the government plans to raise Rs 278 billion this fiscal year. Finance…
Energy
Govt Reduces Diesel Price by Rs 14 Per Litre
The government on Monday reduced the price of diesel by Rs 14 per litre in line with fluctuation in global oil prices effective from December 16,…
Energy
Lahore North Grid Station adds 3,750 MVA capacity
The National Grid Company of Pakistan commissioned the 500kV Lahore North Grid Station, adding 3,750 MVA to Punjab’s network. Developed at a cost of Rs20.7 billion…
Energy
Ali Pervaiz Malik Meets Kuwait Oil Minister Tariq Sulaiman
Federal Minister for Petroleum Ali Pervaiz Malik, held a meeting in Kuwait with H.E. Mr. Tariq Sulaiman Al-Roumi, Minister of Oil of the State of Kuwait,…
Energy
Smart Meter Prices Cut Up to 40%, Says Minister
Due to consistent efforts and timely actions by the Power Division to promote transparency and competition, the prices of smart meters for power distribution companies have…
Energy
IMF Urges New Sales Tax on Petroleum Products
Pakistan’s plan to modernize domestic oil refineries with billions in investment faces major uncertainty due to IMF-imposed conditions. Sources say the IMF has demanded an 18%…
Energy
Diesel Price May Decline Rs 11.85 Per Litre
Diesel price in Pakistan is expected to decline by Rs 11.85 per litre in line with fluctuation in global oil prices effective from December 16, 2025.…