Aftab Maken ISLAMABAD: The Senate Standing Committee on Finance has rejected key proposals in the finance bill 2025-26 which include a Rs 2.50 per liter carbon levy on petroleum products, the removal of the 10% debt servicing surcharge cap on electricity users, and the imposition of a levy on small …
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Aftab Maken ISLAMABAD: The Privatisation Commission Board has approved a series of strategic decisions aimed at expanding private sector involvement in Pakistan’s power sector. The decisions were taken during the 235th meeting of the Privatisation Commission (PC) Board held on Wednesday, June 18, at the PC Headquarters in Islamabad. The …
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Aftab Maken ISLAMABAD: The Senate Standing Committee on Finance has approved the proposal to remove the 18% sales tax on the import of solar panels, a move that is likely to offer significant tax relief to consumers amid rising electricity prices. The committee meeting, chaired by Senator Saleem Mandviwalla, gave …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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. …
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