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Business & Economy Updated 28 Oct, 2024 05:35pm

10 IPPs demand contract termination from prime minister amid rising tariff concerns

The IPPs have requested an urgent meeting with all stakeholders

Business & Economy Published 26 Oct, 2024 10:26am

NEPRA approves Rs3 per unit tariff hike for K-Electric to recover Rs6.1b

KE is pursuing a strategy to rationalize its energy expenses

Business & Economy Published 23 Oct, 2024 10:55am

Consumers likely to get relief of Rs0.70 per unit on electricity bills for September

This will be the third straight month that FCAs remain negative

Pakistan Published 19 Oct, 2024 01:50pm

K-Electric promises cheaper electricity for Karachi residents

KKI grid station serves as a crucial transmission link

Business & Economy Updated 14 Oct, 2024 09:32am

Govt stops payment to 18 IPPs to renegotiate contracts

Five IPPs have already agreed to terminate contracts

Pakistan Published 11 Oct, 2024 12:43pm

Will electricity bills decrease after termination of IPP contracts?

One expert says 41 power plants still remain

▶️ Pakistan Published 11 Oct, 2024 01:05am

Energy Minister Leghari aims to reduce electricity prices to Rs10 per unit

Says reducing electricity prices top priority for government

Business & Economy Published 09 Oct, 2024 12:41pm

Cabinet body approves establishment of independent power market

The ISMO is aimed at The government’s role as a sole buyer of electricity

Business & Economy Published 27 Sep, 2024 08:53am

NEPRA predicts massive increase in electricity prices in upcoming months

Electricity demand is sharply declining

Pakistan Published 24 Sep, 2024 03:56pm

As electricity bills rise, net metering users drastically increase in Pakistan

Govt faces pressure to revise agreements with IPPs to stabilize the power supply

Business & Economy Published 24 Sep, 2024 01:18pm

Circular debt in power sector could hit Rs2.8 trillion despite 51% electricity price hike

The agreement with the IMF stated that govt plans to allocate Rs381 billion in subsidies

Business & Economy Updated 22 Sep, 2024 06:15pm

Possibility of major reduction in electricity prices as govt, IPPs try to resolve issues

Over 100 powerhouses are being reviewed for tariff adjustment

Pakistan Published 18 Sep, 2024 10:57pm

Slight decrease in electricity prices on the cards

A decrease of 57 paisa per unit has been proposed

Pakistan Published 16 Sep, 2024 09:28am

Power division shelves plan to change net metering rates

Proposal for the net metering buyback rate is ready

▶️ Business & Economy Published 15 Sep, 2024 01:06pm

IPPs warn against renegotiating contracts, give long list of demands to govt

The companies have asked govt to remove 38% taxes

Pakistan Published 11 Sep, 2024 04:21pm

Punjab govt withdraws Rs14 subsidy electricity amid IMF pressure

The federal govt had postponed implementation of a 51% increase in electricity prices

Pakistan Published 03 Sep, 2024 01:37pm

IMF tells Punjab to end electricity subsidy plan

Introduces three new conditions to stop provinces from affecting IMF program

Business & Economy Published 02 Sep, 2024 01:19pm

Pakistan proposes plan to IMF for electricity price cut

Rs2.8 trillion will be used to close down inefficient power plants

Pakistan Published 30 Aug, 2024 11:57am

Here’s how expensive Karachi’s electricity became in the last year

The electricity prices rose by Rs1.71 in July 2023

Business & Economy Published 26 Aug, 2024 04:01pm

Power companies seek to collect Rs46.99 billion from consumers

Officials attribute the demand to increased capacity charges

Pakistan Published 26 Aug, 2024 01:21pm

Govt considering prepaid electricity meters, minister says

Says capacity payments have doubled due to depreciation

Business & Economy Published 21 Aug, 2024 08:42pm

Electricity price hiked for Karachi consumers

The price was hiked in lieu of fuel adjustment charges

Pakistan Published 21 Aug, 2024 12:14am

Instead of politicking, provinces should copy Punjab’s electricity bills’ relief: PM Shehbaz

Clarifies federal government has nothing to do with province’s relief

Pakistan Published 20 Aug, 2024 08:14pm

Electricity rates: PML-N, PPP bar party leaders from throwing shade at each other

Both parties have communicated this decision to their leaders

▶️ Business & Economy Updated 18 Aug, 2024 12:44am

Payments to IPPs being ‘hyped up’, says state finance minister

Cites PM Shehbaz will tell nation in next 10 to 15 days about agenda on reforms for inclusive growth

Pakistan Updated 17 Aug, 2024 05:22pm

Punjab government to privatise 4,453 public schools

Government has set a target to privatize another 15,000 schools by 2025

▶️ Pakistan Updated 16 Aug, 2024 06:50pm

Punjab to provide Rs14/unit relief to consumers using up to 500 units of electricity: Nawaz

PML-N supremo says provincial government is spending Rs45 billion on the relief package

Pakistan Published 14 Aug, 2024 04:41pm

Shehbaz promises relief on electricity bills ‘soon’

Acknowledges the hardships faced by the people due to high inflation

Business & Economy Published 08 Aug, 2024 08:31pm

NEPRA approves Rs2.56 per unit hike in FCA

Consumers to make heavy payments in August bills

▶️ Pakistan Updated 08 Aug, 2024 06:50pm

Govt mulls providing relief to people using 200 to 500 units of electricity: PM Shehbaz

Says coalition government, army chief making consulting on making comprehensive plan