Prime Minister Shehbaz Sharif is set to unveil significant reforms in the power sector tomorrow, marking a crucial step towards addressing key challenges in the energy industry. According to sources, the Prime Minister is expected to announce a reduction in electricity tariffs, with a proposed decrease of Rs 6 to …
Read More »Upstream sector challenges discussed in detail
A high-level meeting on country’s exploration & Production E&P) has focused on key challenges, including security concerns, circular debt, gas pricing, energy planning, and LNG supply constraints, said an official statement released by the Petroleum Ministry on Tuesday. Deputy Prime Minister Ishaq Dar presided over a high-level meeting today to …
Read More »Leghari inaugrates fast charging station in Islamabad
Federal Minister for Power, Awais Khan Leghari, inaugurated Pakistan’s first-ever 120 KW fast-charging station, developed by GoGreen Avenue. The event, held in Islamabad, marked a significant milestone in the country’s transition towards sustainable energy. As part of the Ministry of Energy’s broader efforts to promote green mobility and energy-efficient solutions, …
Read More »ECC reviews Reko-Diq adjustments amid rising costs & expanded scope
The Economic Coordination Committee (ECC) of the Cabinet met today with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chairing it virtually from China where he is attending the Boao Forum for Asia 2025, says an official statement of the Finance Ministry on Tuesday. The meeting was attended by …
Read More »NEPRA concludes hearing on IPP tariff revisions
The National Electric Power Regulatory Authority (NEPRA) has concluded its hearing on the tariff revision requests submitted by the Central Power Purchasing Agency (CPPA) and seven Independent Power Producers (IPPs). The final decision on consumer relief will be announced once NEPRA completes its review of the relevant data. During the …
Read More »Minister briefs ambassadors on PMIF 2025
Pakistan’s Federal Minister for Energy (Petroleum Division), Ali Pervaiz Malik, on Friday briefed foreign ambassadors on the upcoming Pakistan Minerals Investment Forum 2025 (PMIF25) and invited delegates from their respective countries to explore Pakistan’s vast mineral resources and investment opportunities. He encouraged foreign countries to participate in this transformative dialogue …
Read More »ECC revises net-metering buyback rate to reduce grid burden
The Economic Coordination Committee (ECC) of the Cabinet, under the chairmanship of Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, convened on Thursday to approve a series of amendments to the existing net-metering regulations. These changes aim to alleviate the growing financial burden on grid consumers, which has intensified …
Read More »Pakistan-IMF Talks: Power Reforms, Privatization, and Taxation Updates
The ongoing policy-level talks between the Government of Pakistan and the International Monetary Fund (IMF) are currently focused on addressing circular debt in the power sector. Currently, deliberations on Federal Board of Revenue (FBR) revenue, agricultural tax, and property tax are also in progress. According to sources from the Power …
Read More »IMF rejects proposal to remove GST on electricity bills
Amid ongoing economic review discussions between Pakistan and the International Monetary Fund (IMF), a proposal aimed at reducing electricity prices by eliminating the General Sales Tax (GST) on electricity bills has been rejected. As, the ongoing talks between Pakistan and the IMF are in progress, with a key focus on …
Read More »PAC questions spot purchases and lack of CFOs in ministries
The Public Accounts Committee (PAC) recently held a meeting, chaired by Junaid Akbar, to review audit paras related to the Atomic Energy Commission, Pakistan Nuclear Regulatory Authority, and the Federal Board of Revenue (FBR). During the meeting, the Auditor General of Pakistan revealed that 15 ministries are operating without a …
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