Inefficiencies Add Billions To Power Sector Debt

    By Aftab Ahmed | January 12, 2026

    Power sector in Pakistan continues to face mounting financial pressure as inefficiencies, losses, and weak recoveries add billions of rupees to national debt. Despite a restructuring deal that reduced part of the outstanding burden, underlying structural problems remain largely unresolved across the electricity distribution system. During FY25, losses, inefficiencies, and under-recoveries added Rs397 billion to…

    Gas Firms Profit Up 21%

    By NewzTodays Editorial Team | January 9, 2026

    The profit of gas utilities has swelled to 21 percent following a guaranteed return on assets based gas pricing formula. At present, the gas utilities, SNGPL and SSG, are operating on a fixed rate of return on assets, whose profits reached 21 percent during the year 2024-25. It was informed during the public hearing that…

    FIA Investigates Alleged Smart Meter Scam

    By Aftab Ahmed | January 9, 2026

    Federal Investigation Agency (FIA) has launched an inquiry into alleged corruption worth about Rs 6.5 billion linked to a smart electricity meter project. According to the investigation, the contract for supplying 300,000 smart meters was allegedly awarded in violation of prescribed procedures. The details further added that the FIA has said it is examining how…

    Cabinet blocks OMCs, dealers’ margin hike over digitisation

    By Salman Khan | January 8, 2026

    Federal cabinet has halted a proposed increase in fuel dealers’ commissions and oil marketing companies’ margins. It has linked approval to full digitisation of the petroleum supply chain. The government is currently working to digitize the entire oil supply by tagging fuel pumps across the country. Read More: ECC Approves OMCs, Dealers Margins The Economic…

    Nepra Slashes Average Electricity Tariff for 2026

    By Salman Khan | January 8, 2026

    National Electric Power Regulatory Authority (Nepra) has reduced national average tariff by Rs 0.62 per unit for the year current year 2026. The National Average Tariff for CY 2026 has been determined at Rs. 33.38/kWh, which is Rs. 0.62/kWh lower than the previously determined tariff of Rs. 34.00/kWh for FY 2025-26. Total Revenue requirement of…

    Two Discoveries and One Dry Well Reported in December 2025

    By Salman Khan | January 7, 2026

    Oil and Gas Exploration Companies have recorded 2 hydrocarbon discoveries and one dry well during month of December 2025. According to monthly report released by Topline, the sector recorded 2 hydrocarbon discoveries and one dry well. The discoveries were announced by OGDC and MOL in Baragzai and Bilitang, respectively. While the dry well was reported…

    NEPRA Safety Report Highlights Gaps Among Public Sector DISCOs

    By Aftab Ahmed | January 6, 2026

    Pakistan’s power distribution sector continues to show uneven progress on health, safety and environmental (HSE) standards, according to the National Electric Power Regulatory Authority’s (NEPRA) HSE Performance Evaluation Report for fiscal year 2024–25. Among distribution utilities, K-Electric was placed in the “Outstanding” category with the highest score of 91 out of 100, reflecting a level…

    Mr. Shahzad Iqbal Appointed Member (Gas), OGRA

    By Aftab Ahmed | January 6, 2026

    The Federal Government has appointed Mr. Shahzad Iqbal as Member (Gas) of the Oil and Gas Regulatory Authority (OGRA). Mr. Iqbal brings 35 years of extensive regulatory and sectoral experience to the Authority, with a distinguished career in Pakistan’s oil and gas sector. Prior to this appointment, he served in senior leadership roles within OGRA’s…

    AGP asks FIA to halt LESCO overbilling probes

    By Aftab Ahmed | January 6, 2026

    Auditor General has called for coordination with Nepra, citing violations of mandated consumer redressal procedures. The Auditor General of Pakistan has asked the Federal Investigation Agency to refrain from initiating overbilling inquiries. It has urged prior technical validation and formal coordination with the National Electric Power Regulatory Authority and Provincial Offices of Inspection. The auditors…

    Petroleum Minister reviews Winter Load Management 2026

    By Aftab Ahmed | January 5, 2026

    Petroleum Minister reviews Winter Load Managment 2026 and appreciates SUIs for proactive efforts to provide relief to domestic consumers. Federal Minister for Petroleum Ali Pervaiz Malik chaired a meeting to review the gas supply situation, winter load management, & consumer complaint redressal across the country. OGRA audit report on compliance with Service Standards for complaint…