Energy

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 …

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 …

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 …

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. …

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 …