By Salman Khan ISLAMABAD – Protected Consumers’ Share in Grid Electricity Sales is set to Surge by 2026 following commitment of Pakistan to International Monetary Fund (IMF) due to price based on incentives and reforms. The projections indicate a major structural shift in electricity consumption patterns, with more households falling into protected slabs – a…
By Salma Khan ISLAMABAD –Power Consumers have some sigh of relief as Capacity Payments have dropped by Rs 74 billion due to termination of contracts, lower hydropower availability, re-negotiation with IPPs and debt reprofiling of nuclear plants. The National Electric Power Regulatory Authority (NEPRA) has revealed in its recent decision that a significant Rs74 billion…
Staff Report Islamabad: Pakistan Petroleum Limited (PPL) recently identified a cybersecurity incident involving a ransomware intrusion targeting parts of its IT infrastructure. The event was detected on August 6, 2025, and our internal cybersecurity protocols were immediately activated. Our IT and cybersecurity teams, in collaboration with external experts, took prompt and effective containment measures, including…
A senior member of the National Electric Power Regulatory Authority (Nepra) has raised serious concerns over persistent governance failures in the power sector, blaming them for extended electricity outages, rising costs, and long-standing inefficiencies. According to the official, a series of missteps—ranging from delayed infrastructure projects to inadequate planning—have severely disrupted the sector’s performance. “These…
NEPRA has announced a significant reduction in power tariffs, offering relief to millions of consumers across the country. The move comes under the quarterly adjustment for April to June 2025. According to NEPRA’s decision, electricity rates have been cut by Rs1.89 per unit, a change that will apply from August to October 2025. This reduction…
The Pakistani government has launched a countrywide digital survey aimed at overhauling electricity billing systems under its broader “Electric City Plan”. As part of the initiative, all electricity distribution companies — including Lahore Electric Supply Company (Lesco) — have been instructed to conduct door-to-door surveys. These will be carried out by independent third-party agencies to…
The Economic Coordination Committee (ECC) has approved a Rs9 billion subsidy aimed at promoting electric bikes and rickshaws in Pakistan, according to a statement from the Finance Division. The decision was made during a meeting chaired virtually by Finance Minister Muhammad Aurangzeb on Tuesday. The proposal, submitted by the Ministry of Industries and Production, was…
By Salman Khan ISLAMABAD: Petroleum Minister Ali Pervaiz Malik has raised alarm over GENCOs’ failure to clear dues owed to Pakistan State Oil (PSO), Sui Northern Gas Pipelines Limited (SNGPL), and Pakistan Petroleum Limited (PPL). He voiced his concern during a recent meeting of the Cabinet Committee on Energy (CCoE), chaired by Prime Minister Shahbaz…
Staff Report ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has indicated a possible reduction of Rs1.80 per unit in electricity prices under the Quarterly Tariff Adjustment (QTA) for the quarter ending June 2025. The proposed relief, if approved, could provide consumers across Pakistan with financial relief amounting to Rs53.393 billion.The proposal was discussed during…
Staff Report Islamabad: Oil and Gas Development Company (OGDC) received the first interest payment of Rs7.7 billion from Power Holding Private Limited (PHPL) against Term Finance Certificates (TFCs) issued as part of the 2013 circular debt settlement. The total outstanding interest of Rs92 billion is scheduled to be paid in 12 monthly instalments starting from…
End of content
End of content
