Power Minister unveils six-year elimination plan, praises IMF-backed reforms and landmark bank deal Aftab Maken ISLAMABAD: Federal Minister for Power Division Awais Leghari announced that Pakistan’s entrenched issue of circular debt in the power sector will be entirely resolved within six years, under a structured reform plan already yielding results. …
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Only Rs45.5 million recovered so far, as the majority of fines are challenged or pending; fatal accidents dominate enforcement action. Aftab Maken NEPRA–a regulator in Pakistan’s power sector companies, including distribution giants like K-Electric and national transmission operator NTDC, has fined a total of Rs 975 million for fatal and …
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The government resolves chronic circular debt via coordinated financial and policy efforts, freeing liquidity for key sectors without additional electricity charges. Aftab Maken The Govt has successfully restructured Rs1,225 billion in circular debt from the power sector, marking a decisive move towards fiscal consolidation and investor confidence. The historic agreement, …
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Despite federal approval to eliminate circular debt in June, the power sector’s debt climbed to Rs1.661 trillion in July 2025. Aftab Maken In a setback to the government’s financial reform drive, Pakistan’s power sector circular debt rose by Rs47 billion in July 2025, just weeks after a high-level decision to …
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Govt directs Sui Southern and Sui Northern to cancel over 3 million pending applications BeNewz Report The Government has imposed a permanent ban on issuing new domestic gas connections using locally extracted natural gas. The Petroleum Division, following federal cabinet approval, has formally instructed Sui Southern Gas Company (SSGC) and …
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High Speed Diesel price revised to Rs272.77 per litre for September 16–30; petrol holds steady at Rs264.61. Aftab Maken The Government has announced a revision in petroleum prices, increasing the rate of High Speed Diesel (HSD) by Rs2.78 per litre while leaving the price of petrol unchanged. The new prices, …
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BeNewz Report The National Electric Power Regulatory Authority (NEPRA) has imposed a hefty fine of Rs 25 million on the Hyderabad Electric Supply Company (HESCO) for conducting load shedding based on system losses and violating distribution regulations. According to the official statement released by NEPRA, the penalty was enforced following …
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BeNewz Report Prime Minister says government will cover August bills for households in affected areas; refunds to be adjusted in next month’s bills for those who already paid. Prime Minister Shehbaz Sharif has announced a special relief package for flood-hit regions, declaring a complete waiver of August 2025 electricity bills …
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BeNewz Report Global energy executives are warning of an impending glut in liquefied natural gas (LNG) as the United States ramps up construction of export facilities, raising the prospect of long-lasting oversupply in global markets. The concern comes at a time when oil prices are already under pressure from forecasts …
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Over 2.8 lakh households remain without electricity; Govt yet to decide on relief despite earlier assurances. Tens of thousands of families in flood-affected regions across Pakistan remain in darkness, as more than 283,000 consumers are still without electricity despite ongoing restoration efforts. According to the latest Power Division report, torrential …
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