Electricity tariffs for consumers of all distribution companies (Discos), including K-Electric, are likely to decrease by Rs1.51 per unit for three months due to lower capacity charges, driven by reduced interest and exchange rates and revisions in power purchase contracts with both public and independent power producers (IPPs).
The National...
Federal Minister for Power, Sardar Awais Ahmad Khan Leghari, has announced that the Competitive Trading Bilateral Contract Market (CTBCM) will enter its final implementation phase within the next two months.
The Minister made this statement during a meeting with a high-level World Bank delegation, led by Ousmane Dione, the Regional...
The National Assembly’s Standing Committee on Economic Affairs Division (EAD) expressed concern on Wednesday over the privatisation of profit-making power distribution companies (Discos) and the financial loss incurred from generating surplus electricity.
The committee, chaired by MNA Muhammad Atif, also reprimanded the National Highway Authority (NHA) for the absence of its chairman...
The Public Accounts Committee (PAC) on Tuesday conducted a detailed review of audit objections related to the Ministry of Energy, with a focus on independent power producers (IPPs), rising electricity costs, incomplete development schemes and excessive load-shedding.
Officials from the Central Power Purchasing Agency (CPPA-G) briefed the committee on a...
Country’s largest independent power producer Hub Power (HUBCO) said on Wednesday it was seeking an extension to $51 million in bank guarantees to protect its coal-fired power plants, a crucial source of stable power amid Pakistan’s rising use of solar.
The guarantees, previously short-term, would now stay in place until...
Petrol and diesel prices are expected to rise by up to Rs6.60 per litre (2.5%) for the next fortnight starting July 16, 2025, according to estimates by the petroleum industry.
The projected hike includes a Rs6.60 per litre increase in petrol prices and a Rs5.27 per litre (1.9%) rise in...
The Power Division is making another attempt to convince the federal cabinet to curtail returns on solar net metering and remove electricity duty on consumer bills being resisted by the provinces.
Speaking at a news conference on Thursday, Power Minister Awais Leghari said he would be presenting a revised plan...
In a significant step towards advancing solar technology in Pakistan, LONGi, a global leader in solar energy, launched its latest innovation – the Hi-MO X10 solar panels. The launch event was held at the Crystal Ballroom in the Marriott Hotel, Karachi.
The event introduced and featured a presentation of the...
Fakt Exhibitions Pakistan’s leading exhibitions organizing company will be organizing SOLAR PAKISTAN - Country’s biggest and only dedicated solar energy exhibition from 26th to 28th July 2024 at The Arena DHA, Multan. This premier event will showcase innovative solar energy solutions and advancements, bringing together 50 top-notch companies from...
