Aftab Maken ISLAMABAD: Pakistan’s gas sector circular debt has surged to Rs 3,283 billion, piling pressure on public finances as Sui Northern and Sui Southern report combined annual losses of Rs 60 billion from theft and leakages. The disclosure came during a meeting of the National Assembly of Pakistan Standing …
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Aftab Maken ISLAMABAD: In a move aimed at calming market jitters and addressing mounting public concern, the National Electric Power Regulatory Authority (NEPRA) has issued a draft amendment to its Prosumer Regulations 2026, making it clear that existing solar net metering consumers will face no changes to their current arrangements. …
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Aftab Maken ISLAMABAD: Consumers in Pakistan are bracing for yet another increase in fuel prices starting February 16, 2026, as industry sources and preliminary calculations point to upward adjustments in petroleum product rates. This comes amid ongoing pressures from global oil prices, exchange rate fluctuations, and domestic fiscal considerations. According …
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Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has officially notified the Net Metering Regulations 2026, replacing the long-standing net metering regime with a new net billing mechanism. This major policy shift ends the popular “unit-for-unit” exchange system for solar and other renewable energy prosumers, marking a significant …
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— Warn of blow to clean energy drive Aftab Maken ISLAMABAD: Pakistan’s energy regulator and the Power Division faced sharp criticism as a broad spectrum of stakeholders accused them of sabotaging the country’s fast-growing solar revolution and pushing the power sector toward a more expensive and unreliable future. The backlash …
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Aftab Maken ISLAMABAD: Pakistan and China deepened their strategic partnership in the minerals sector today with the successful convening of the Pak–China Mineral Cooperation Forum at the Jinnah Convention Centre in Islamabad. The event, organized by the China Chamber of Commerce in Pakistan (CCCPK), drew over 800 participants, including representatives …
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Aftab Maken ISLAMABAD: Pakistan’s power sector circular debt rose by Rs75 billion in the first half of FY26 (July-December 2025), reaching Rs1.689 trillion—a 4.65% increase despite government capital injections of Rs780 billion and Rs1.225 trillion in commercial borrowing at lower rates during FY25. At the end of June 2025, the …
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Aftab Maken ISLAMABAD: Pakistan State Oil Company Limited (PSO), the country’s largest fuel marketing and energy distribution company, has launched a search for a new Chief Executive Officer, signaling a major leadership transition at a time when the energy sector faces mounting financial, regulatory, and sustainability challenges. In a public …
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Aftab Maken ISLAMABAD: The federal government has formally launched the process for appointing a new chairman of the Oil and Gas Regulatory Authority (OGRA), inviting applications from qualified candidates within the next 15 days. The Cabinet Division has issued a public call for applications, marking the start of a key …
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Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has released its “State of Industry Report 2025,” painting a grim picture of Pakistan’s energy landscape. The regulator officially admitted that electricity prices have reached “unbearable” levels for the common citizen, driven by a heavy burden of taxes, surcharges, and …
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