Money

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 11 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 11 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 11 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 11 months ago

Significant progress in improving diesel pricing mechanism

Ministry of Energy instructed OGRA to develop consensus framework for diesel imports 11 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 11 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 1 year 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 1 year ago

Nepra jacks up power tariff by Rs1.15 per unit

Approved increase is applicable for the next three months, extending until March 2024 1 year ago

Power consumers brace for additional burden as operational cost rise

CPPA aims to impose monthly operational fee of Rs 4.96 per unit 1 year ago

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

Brent, WTI Futures rise on larger than expected crude withdrawal 1 year ago

Nestlé powers Rs2bn renewable energy investment in Pakistan

Company inaugurates 2.5MW solar power plant, worth Rs480 million at Kabirwala Factory 1 year 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 1 year ago

Massive increase in gas tariff on the cards

SSGC demands increase of Rs226.18 in gas price for Sindh, Balochistan 1 year ago

Govt employees face massive blow as free perk ends

This applies to all active employees in Grade-17 and above 1 year ago

Oil prices surge amid Middle East unrest as geopolitical tensions mount

Brent Crude futures rose by 0.4% to $79.16 per barrel 1 year ago

Karachi industrialists plan shutdown on Dec 4

They demand govt to reduce gas tariff 1 year 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 1 year ago

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

Anticipation builds for OPEC+ decision amidst supply-demand concerns 1 year ago

Global crude oil prices dip further

Price of Russian oil per barrel falls below $60 in international market 1 year ago

GCI, Bboxx launch clean cooking initiative in Pakistan

Clean cooking is crucial for enhancing health and reducing carbon emissions 1 year ago

NEPRA seeks electricity price hike by Rs3.53 per unit

Application approval to burden consumers with additional Rs40bn, not applicable to KE 1 year ago

PPL discovers gas reservoirs in Sindh

Well exhibited flow of 13.69 million standard cubic feet per day of gas 1 year ago

Global oil prices slide on surging US supply

Brent futures slid 72 cents to $80.46 a barrel 1 year ago

Gas to become as scarce as ever in winter & load shedding hours can stretch beyond

Crisis stems from uncertainties surrounding arrival of scheduled LNG cargo from Azerbaijan 1 year ago

POWER