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...
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...
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...
ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Sunday said the government was taking steps to increase foreign investment in the petroleum...
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's parliament approved a law on Thursday to attract investment in renewable energy and reduce losses in its state-run power monopoly - measures...
ISLAMABAD: The International Monetary Fund (IMF) has demanded further increase in electricity prices, citing an additional burden of Rs 150 billion on the power...
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...
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,...
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...
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...
The minister added that the consumers will be provided low-cost electricity after the implementation of reform plans in production and supply sections.
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.