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Government approves additional subsides for power sector

ISLAMABAD: The government of Pakistan has decided to release more than 50 billion rupees (Rs) in subsidies for the power sector, ARY News reported. According...

CCP recommends Govt to introduce competitive model in power sector

ISLAMABAD: The Competition Commission of Pakistan (CCP) has said that the state-owned enterprises (SOEs) extensive role in the transmission and distribution sectors, hinders power...

World Bank concerned on power sector’s soaring circular debt

The World Bank has expressed reservations in a statement as circular debt of Pakistan's power sector keeps surging. "Despite steep hike in power tariffs in...

Power sector circular debts’ issue to be resolved on priority: Deputy PM Dar 

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Sunday said the government was taking steps to increase foreign investment in the petroleum...

PM Shehbaz Sharif sets up task force to fix power sector

Prime Minister Shehbaz Sharif has constituted an eight-member task force to oversee the implementation of structural reforms in the power sector. According to a press...

Sri Lanka legislates to revamp power sector

Sri Lanka's parliament approved a law on Thursday to attract investment in renewable energy and reduce losses in its state-run power monopoly - measures...

Pakistan’s power sector circular debt soars to Rs 2.63tlr

The circular debt of Pakistan’s power sector has soared to Rs 2,635 billion till January 2024, ARY News reported on Monday, quoting an official...

IMF ‘demands’ further increase in electricity prices

ISLAMABAD: The International Monetary Fund (IMF) has demanded further increase in electricity prices, citing an additional burden of Rs 150 billion on the power...

Pakistan’s power sector caused Rs403bln loss in FY2022-23: Nepra

ISLAMABAD: Pakistan's power sector caused a Rs403 billion loss in FY2022-23, revealed the National Electronic Power Regulatory Authority (NEPRA) report on Tuesday. The progress report...

Power sector circular debt soars to Rs 2.6tr

ISLAMABAD: The circular debt of Pakistan’s power sector has soared to Rs 2611 billion till October 2023, ARY News reported on Monday. As per details,...

On Pakistan’s wayward power sector

The power sector in Pakistan is in throes of crisis since many decades and no ameliorative measures have been taken about it. Successive regimes...

Budget 2023-24: Rs102.86b likely to be allocated for power sector

The federal government is expected to allocate Rs102.86 billion for the power sector projects in the upcoming budget 2023-24, citing sources, ARY News reported...

Opinion: Uncontrolled power sector

The power sector in Pakistan is in throes of crisis since many decades and no ameliorative measures have been taken about it. Successive regimes have...

Foreign investment drops 12pc for January YoY

The first seven months of FY21 could only pull US$ 1,145 million FDI which is about 27 pc less than the preceding year’s same period

NEPRA approves blueprint for introducing competition in electricity market

NEPRA has given go-ahead to CTBCM which according to the regulatory body, is the development of the wholesale competitive electricity market.

K-Electric to establish its own 500 KV grid by 2021: Omar Ayub

Omar Ayub Khan expressed hopes that KE will establish its own 500 KV grid by 2021 that will improve electricity system in Karachi.

Govt’s focus on reducing electricity tariff, says Omar Ayub

The minister added that the consumers will be provided low-cost electricity after the implementation of reform plans in production and supply sections.

Muhammad Mian Soomro assures to address concerns of power sector investors

Muhammad Mian Soomro said that the privatization process of power plants could not be completed on time.

Shahzad Qasim appointed special assistant to PM on Power Sector

Prime Minister Imran Khan on Thursday appointed Syed Shahzad Qasim as his special assistant on Power Sector.

Federal govt issues Sukuk worth Rs200 billion for power sector

The public sector entity owned by the Ministry of Energy issued Sukuk worth Rs200 billion through PSX to address liquidity constraints being faced by the power sector.
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