Aftab Maken ISLAMABAD: Pakistan’s energy sector is teetering on the brink of collapse, facing a severe financial crisis that could trigger a significant increase in gas prices for consumers starting January 1, 2026. A deepening circular debt, blamed on systemic mismanagement and a lack of a cohesive national energy policy, …
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Aftab Maken ISLAMABAD: Pakistan Petroleum Limited (PPL), one of the nation’s leading energy companies, has confirmed it was the target of a ransomware attack, but asserts that its core operational systems and sensitive data remain uncompromised. The incident, detected on August 6, 2025, prompted a swift and decisive response from …
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BeNewz Report ISLAMABAD: The consumers are set to get a relief of Rs 2.65 per unit in their electricity bills for August 2025. This relief includes Rs 1.88 per unit relief for consumers of Discos and KE on account of the quarterly adjustment.They will also get a reduction in electricity …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired virtually by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, convened on Monday to review and approve key economic proposals, including an electric vehicle subsidy scheme, a technical supplementary grant (TSG) for the Telegraphic Transfer Charges Incentive …
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Aftab Maken ISLAMABAD: The Power Ministry was not present in a monthly FCA hearing in NEPRA to address the questions raise by the industry representatives and other stakeholders. Even the Authority remained unmoved over the absence of the power ministry from the hearing. The consumers are set to get a …
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“Protected” category for electricity consumers is expected to be phased out Aftab Maken ISLAMABAD: After taking steps to address the circular debt in the power sector, the federal government is now working on a plan to eliminate the massive circular debt in the gas sector. The aim is to remove …
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Staff Report The Competition Commission of Pakistan (CCP) teams has raided the offices of four suppliers involved in the provision of transformer reclamation materials to various power distribution companies (DISCOs). The raids were carried out simultaneously in Lahore and Gujranwala. These companies are suspected of being part of a cartel …
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Aftab Maken KARACHI: Sui Southern Gas Company (SSGC), a pivotal player in Pakistan’s energy sector, is facing severe criticism as its ambitious business plan for FY 2024-27 appears to be significantly derailed by pervasive operational delays, questionable accounting practices, and a troubling lack of strategic foresight. A recent internal assessment …
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Aftab Maken ISLAMABAD: The Finance Division has announced a significant revision in the prices of petroleum products, effective from July 16, 2025. The decision, outlined in a press release issued today, comes following recommendations from the Oil and Gas Regulatory Authority (OGRA) and other relevant ministries. This move is expected …
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Aftab Maken ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in prices of re-gasified liquefied natural gas (RLNG) for July 2025. These prices will be applicable in the current month, effective from July 1, 2025. According to a notification issued by OGRA, the RLNG prices for …
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