Aftab Maken ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced an increase in fixed gas charges for domestic consumers, effective July 1, 2025. This move comes as part of a broader gas tariff revision in Pakistan 2025, aimed at adjusting cost recovery in the energy sector, said an …
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Aftab Maken ISLAMABAD: The Power Division has submitted a petition with NEPRA of reducing the base electricity tariff in Pakistan for the upcoming fiscal year. According to official documents, domestic consumers could get relief of up to Rs1.16 per unit in their monthly electric bills. This potential electricity price reduction …
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Aftab Maken ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb has called for focused reforms and stronger governance across State-Owned Enterprises (SOEs), as cumulative losses hit an alarming Rs 5.8 trillion and circular debt in the energy sector crosses Rs 4.9 trillion. Chairing a crucial meeting of the Cabinet Committee on State-Owned …
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Aftab Maken ISLAMABAD: To attract American investment into Pakistan’s untapped mineral resources, the Government of Pakistan, in collaboration with the United States Embassy, hosted a high-level webinar titled “Opportunities in Pakistan’s Mining Sector – Unlocking Mineral Potential.” The virtual event, held at the OGDCL Head Office in Islamabad, was jointly …
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Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued a show-cause notice to K-Electric (KE) for failing to follow regulatory instructions regarding load shedding, even though such curtailments are allowed under federal government policy. Dated June 23, the notice came on the same day the Power Division …
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Aftab Maken ISLAMABAD: In the backdrop of the escalating Israel-Iran conflict 2025, the federal government of Pakistan has taken a significant decision to safeguard national energy reserves. Amid fears of a looming fuel crisis in Pakistan, the government has ordered the immediate import of 140 million liters of petrol. According …
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Aftab Maken ISLAMABAD: Pakistan is poised to significantly enhance its energy cooperation with Russia, following a high-level meeting between a Pakistani delegation led by Federal Minister for Petroleum, Ali Pervaiz Malik, and representatives of Gazprom, Russia’s leading oil and gas giant. The discussions, which included Sergey Tumanov, General Director of …
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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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