Energy

Sui Northern Gas Pipelines Limited (SNGPL) convened its 60th Annual General Meeting (AGM) of shareholders on Thursday, May 22, 2025, in Lahore. The shareholders approved the annual audited financial statements for the fiscal year ended June 30, 2024. The Company achieved its highest ever profitability, recording a profit before tax …

Islamabad: A high-level meeting was held on Thursday at the Finance Division between Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and a senior World Bank delegation led by Ms. Anna Bjerde, Managing Director for Operations at the World Bank. The meeting centered on strengthening bilateral cooperation, reviewing the …

Islamabad Consumers of K-Electric are set to receive relief in their electricity bills for June 2025, on account of the fuel cost adjustment for the month of March 2025. The National Electric Power Regulatory Authority (NEPRA) conducted a public hearing here on Thursday to consider a request for a reduction …

The Oil and Gas Regulatory Authority (OGRA) has approved revised gas prices for Sui Southern Gas Company (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL), though the changes require final approval from the federal government. A summary outlining the proposed adjustments has been forwarded for their consideration. According to the …

IslamabadA high-level delegation from Deloitte Advisory US, led by Richard Longstaff, met with Federal Minister for Petroleum, Ali Pervaiz Malik, at the Ministry of Petroleum in Islamabad today. The focus of the meeting was to strengthen collaboration and explore avenues of cooperation to benefit from Deloitte’s strategic advisory services for …

The Ministry of Energy on Monday received a poor response from the private sector in its latest attempt to sell three government-owned power plants commonly known as GPPs, receiving a bid for only one of the facilities. State-run power generation companies (GENCOs) have now initiated the second phase of a …

Aftab Maken The National Electric Power Regulatory Authority (NEPRA) has directed the Power Division to address the concerns of the industrial sector regarding inconsistent power supply. Due to frequent disruptions in grid electricity, many industries are now seriously considering reverting to Captive Power Plants (CPPs), despite their higher operational costs. …

Despite the loss of hundreds of lives in LPG-related explosions across Pakistan, the Ministry of Law and Justice has yet to clear the long-pending LPG Industry Amendment Bill proposed by the Oil and Gas Regulatory Authority (OGRA). The bill, which aims to enforce strict penalties and ensure public safety, has …

The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL), in its meeting held on Saturday, April 26, 2025, in Lahore, recommended a final cash dividend of Rs 7.50 per share (equivalent to 75%) for the year ended June 30, 2024.During the meeting, the Board also approved the Annual …

In the first 13 months of the Pakistan Muslim League-Nawaz (PML-N) government’s tenure, the circular debt in the power sector has decreased by Rs 283 billion. According to documents of the Power Division, the circular debt in the power sector was reduced by this amount, reaching Rs 2,396 billion between …