PM to Witness Rs1.2tr Deal to Cut Circular Debt

    By NewzTodays Editorial Team | September 23, 2025

    Prime Minister is likely to witness a signing ceremony of a Rs 1.25 trillion financing deal with a consortium of 18 banks to end circular debt on Wednesday. Prime Minister Shehbaz Sharif is currently visiting New York, but he will be witnessing the signing ceremony virtually. The power division has been beating a drum to…

    MQM Challenges KE Tariff Hike in Sindh High Court

    By Salman Khan | September 22, 2025

    Muttahida Qaumi Movement (MQM) Pakistan has taken legal action against the National Electric Power Regulatory Authority (NEPRA) for approving a tariff mechanism that allows K-Electric to recover theft-related losses and unpaid bills from consumers. In its petition to the Sindh High Court, MQM argued that NEPRA’s July 18 order unfairly shifts Rs74 billion worth of…

    Consumers Pay Rs1.5b to SNGPL, Still Await Connections

    By NewzTodays Editorial Team | September 22, 2025

    The consumers have not received new gas connections despite paying around Rs 1.5 billion to Sui Northern Gas Pipeline Limited (SNGPL). At present, there are 3.2 million applications pending with SNGPL. Out of it, around 240,000 applicants had paid the fee, while 4000 had paid an urgent fee of Rs 25000. But due to the…

    Power Sector Debt Up Rs 47B in July 2025

    By Salman Khan | September 22, 2025

    The power sector circular debt has jumped by Rs 47 billion during July 2025, primarily driven by power distribution companies (DISCOs) underperformance. The poor performance of Discos led to a loss of Rs 87 billion on account of low recovery and losses against Rs 42 billion during the same period last year. Power sector circular…

    How to Download and Pay KE Duplicate Bill Online

    By Qalb Ali | February 6, 2026

    Sobia Sultan If you live in Karachi and missed your monthly electricity bill. Now you scrambling for a quick solution. Instead of waiting for a physical copy, the best way is to generate a KE duplicate bill online. With just a few clicks, you can instantly check, download, and even pay your K-Electric bill while…

    Pakistan Discusses Cooperation on Atoms4Food with IAEA

    By NewzTodays Editorial Team | September 20, 2025

    Vienna / Islamabad: Pakistan is working on Atoms4Food to utilize nuclear technology to improve food security and expand access to nuclear medicine for cancer care. Chairman Pakistan Atomic Energy Commission and Director General (DG) International Atomic Energy Agency (IAEA) have discussed cooperation in Atoms4Food to apply nuclear technology to improve crop yields and medicines. The…

    Malik Visits Multan, Reviews Uninterrupted Gas Supply

    By NewzTodays Editorial Team | September 20, 2025

    Lahore: Federal Minister for Energy & Petroleum Ali Pervez Malik, along with Secretary Petroleum, MD Sui Northern Gas Mr. Amer Tufail, and DMD Operations Mr. Saqib Arbab, visited the Jalalpur Pirwala Motorway breach point on Saturday. On this occasion, directions were issued to urgently complete the emergency bypass line in order to ensure an uninterrupted…

    PPL names Sikandar Ali Memon new CEO

    By NewzTodays Editorial Team | September 20, 2025

    The new managing director of Pakistan Petroleum Limited (PPL), Sikandar Ali Memo,n will take charge on Sunday. The government has appointed Sikandar Ali Memon as the new managing director of PPL, the country’s oil and gas explorer, with immediate effect from September 21, 2025. He is going to replace Imran Abbasy, who has served for…

    PPL Posts Rs19.3B Profit in 4QFY25 

    By Salman Khan | September 19, 2025

    PPL has announced its 4QFY25 result, posting earnings of Rs19.3 billion, up by 8% YoY and down 11% QoQ, primarily due to lower hydrocarbon production and a decline in oil prices. This brings FY25 profits to Rs 92.0 bn (EPS of 33.82), down by 19% YoY due to the reasons mentioned above. Exploration costs stood…

    OGDC Commences Gas and Condensate Production from Soghri North Well-1

    By Salman Khan | September 19, 2025

    Oil and Gas Development Company Limited (OGDC) on Friday announced the successful commencement of gas and condensate production from Soghri North Well-1 in the Soghri Block located in Attock district of Punjab. The announcement follows the company’s earlier disclosure on March 17, 2025, regarding a significant gas and condensate discovery at Soghri North Well-1. The…