Aftab Maken ISLAMABAD: The federal government has once again increased the prices of petroleum products, effective for the next fifteen days. The announcement, which came late Sunday night, has pushed the cost of petrol and diesel to new highs, sparking concerns over a fresh wave of price hikes in everyday …
Read More »SNGPL issues notices to defaulting consumers
Sui Northern Gas Pipelines Limited (SNGPL) has issued reminder notices to several public sector organizations and departments for the payment of long-outstanding dues. The company urges all such public sector entities to settle their dues immediately to avoid further legal or administrative action. Final notices have been served to these …
Read More »K-Electric’s failure worsens Karachi’s power crisis
Aftab Maken Islamabad: The National Electric Power Regulatory Authority (NEPRA) has come down hard on K-Electric for its worsening performance and failure to provide a stable electricity supply to Karachi. In a strongly worded letter, NEPRA’s Additional Director General Iftikhar Ali Khan highlighted the growing number of public complaints and …
Read More »Tariff cuts unlikely in near future
Aftab Maken ISLAMABAD Prime Minister Shehbaz Sharif is expected to soon unveil a new scheme aimed at curbing the chronic issue of electricity overbilling, Federal Energy Minister Awais Khan Leghari told the National Assembly’s Standing Committee on Power. The initiative — “Apna Meter, Apni Reading” — will allow consumers to …
Read More »K-Electric chief faces MPs’ fury
Aftab Maken Islamabadad A meeting of the National Assembly’s Standing Committee on Industries & Production descended into a heated confrontation on Tuesday, ignited by the conspicuous absence of officials from the National Electric Power Regulatory Authority (NEPRA) and culminating in a fiery exchange between K-Electric CEO Moonis Alvi and committee …
Read More »2,000MW allocated to fuel Bitcoin mining, AI data centres
Aftab Maken ISLAMABAD In a significant policy shift aimed at monetising surplus electricity and drawing foreign investment, the federal government has earmarked 2,000 megawatts (MW) of power in the first phase of a national plan to support Bitcoin mining and Artificial Intelligence (AI) data centres. The initiative, led by the …
Read More »Panel clears levy on captive power to boost reform
The National Assembly Standing Committee on Petroleum has approved the Off the Grid (Captive Power Plants) Levy Bill, 2025, clearing it for passage in the National Assembly. The bill aims to impose a levy on captive power plants and is part of Pakistan’s commitments under the IMF’s Extended Fund Facility. …
Read More »SNGPL’S shareholders approves 75% cash dividend
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 …
Read More »Pakistan, World Bank chart bold economic & energy reforms
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 …
Read More »NEPRA grills K-Electric amid load shedding uproar
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 …
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