Money

Electricity bills set to soar in February, as NEPRA recommends Rs5.62/unit hike

Estimated additional burden to be Rs42bn in February in terms of monthly fuel adjustment 9 months ago

Petroleum Conference 2024 fuels collaborative solutions, investment opportunities

Industry leaders, experts, govt stakeholders convene in Islamabad for in-depth discussions 9 months ago

ECP tells WAPDA to avoid loadshedding on election day

Orders issued over fears that polling process is likely to be affected due to ongoing electricity loadshedding 9 months ago

Petrol price likely to go up from next month due to this reason

Up tick attributed to recent surge in global oil rates, particularly in Middle East 9 months ago

Cotton prices rise to unprecedented heights

Continuous decrease in temperature, fear of delay in cotton cultivation this year 9 months ago

Power crackdown: Over Rs2 billion recovered, 261 arrested in a week

From Jan 14 to 21, authorities collected Rs2.061bn in fines, penalties from electricity thieves nationwide 9 months ago

Power play: K-Electric secures 20-year licence renewal from Nepra

KE had requested a non-exclusive licence in anticipation of the power sector's upcoming liberalization 10 months ago

Pakistan receives next installment of $700m from IMF

Central bank confirms disbursement will be reflected in SBP reserves for week ending on January 19 10 months ago

Pakistan's gas supply to ease, gets second LNG cargo from Azerbaijan

Cargo expected to be delivered in February, enhancing energy cooperation between both countries 10 months ago

Power tariff likely to be increased by Rs5.62 per unit

If approved, increase will pile on a staggering burden of over Rs49 billion on consumers 10 months ago

Significant progress in improving diesel pricing mechanism

Ministry of Energy instructed OGRA to develop consensus framework for diesel imports 10 months ago

Years-long dispute ends, govt, K-Electric to sign four pending deals

Agreements also address 18-year-old concerns of Saudi stakeholders involved in K-Electric 10 months ago

Lahore’s electricity shortfall soars: 1000 MW deficit spurs 6-hour load shedding

City’s daily power demand surges to 2600 MW during cold spells 10 months ago

Pakistan’s energy quagmire: Subsidies, debt, and the quest for sustainability

Annual expenditure on power subsidies reaches alarming PKR 0.58 trillion in FY2024 11 months ago

Nepra jacks up power tariff by Rs1.15 per unit

Approved increase is applicable for the next three months, extending until March 2024 11 months ago

Power consumers brace for additional burden as operational cost rise

CPPA aims to impose monthly operational fee of Rs 4.96 per unit 11 months ago

Oil prices rally on robust US inventory draw, Fed's positive economic signals

Brent, WTI Futures rise on larger than expected crude withdrawal 11 months ago

Nestlé powers Rs2bn renewable energy investment in Pakistan

Company inaugurates 2.5MW solar power plant, worth Rs480 million at Kabirwala Factory 11 months ago

Govt seeks price hike of Rs1.72 per unit for K-Electric consumers

Increase of Rs1.25 per unit sought for Jan to March quarterly adjustment, 47 paisas for Oct to Dec 11 months ago

Massive increase in gas tariff on the cards

SSGC demands increase of Rs226.18 in gas price for Sindh, Balochistan 11 months ago

Govt employees face massive blow as free perk ends

This applies to all active employees in Grade-17 and above 11 months ago

Oil prices surge amid Middle East unrest as geopolitical tensions mount

Brent Crude futures rose by 0.4% to $79.16 per barrel 11 months ago

Karachi industrialists plan shutdown on Dec 4

They demand govt to reduce gas tariff 11 months ago

NEPRA approves K-Electric's revised tariff, mandates Rs 3 per unit recovery

The decision is forwarded to the federal government for formal notification 11 months ago

Oil prices rebound as OPEC+ prepares for crucial meeting on production cuts

Anticipation builds for OPEC+ decision amidst supply-demand concerns 11 months ago

POWER