Sunday , May 18 2025

Energy

Industries mull shift back to CPPs as NEPRA presses for reliable grid supply

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. …

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SNGPL announces Rs 7.50 dividend for shareholders

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 …

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Circular Debt drops by Rs 283 Bn in 13 months

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 …

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15 banks to lend Rs 1,272Bn to cut circular debt

A consortium of 15 banks has agreed to lend the federal government Rs 1,272 billion to help eliminate further piling up of circular debt in the power sector. According to details, the consortium is prepared to provide the loan at an interest rate 0.9% lower than the market rate. The …

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K-Electric seeks Rs 76 bn write-off for unpaid bills

A hearing was held at the National Electric Power Regulatory Authority (NEPRA) regarding K-Electric’s request to recover Rs 76 billion from electricity consumers in Karachi. The hearing was chaired by NEPRA Chairman, Waseem Mukhtar. K-Electric submitted a request for an additional write-off claim of Rs 8.13 billion. With the inclusion …

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Turkey, Pakistan to explore world’s fourth largest oil & gas reservoir

The two countries this week signed an agreement at the 2025 Pakistan Minerals Investment Forum in Islamabad to jointly bid on 40 offshore blocks. A bidding round for the granting of exploration licenses for the blocks, located in the Makran and Indus basins, was announced by the Pakistan government in …

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Circular Debt stock to be brought to zero in Dec 2025

The current government has assured the International Monetary Fund (IMF) that it will reduce the circular debt in the gas and electricity sectors to zero by the end of this year. As of January 2025, the circular debt in the power sector stood at Rs 2,444 billion, while in the …

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World Bank & Pakistan hold high-level talks on Energy

Aftab Maken A visiting World Bank team met separately with Federal Ministers for Petroleum and Power in their offices on Thursday to discuss ongoing reforms in Pakistan’s energy sector, privatization efforts, and opportunities for long-term collaboration. Federal Minister for Energy, Sardar Awais Ahmed Khan, held a significant meeting with a …

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Canals Failure in Rajasthan

Asghar Hussain and Hassan Abbas Responding to a question about failure of Rajasthan Canal in India, that it is less than 1% successful, Ms Azma Zahid Bukhari, the provisional minister for information, Government of Punjab, dismissed the failure and informed the audience of a press briefing that Indians have already …

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