Move aimed at raising power consumption: PD giving final touches to ‘winter package’ ISLAMABAD: Power Division is said to be giving final touches to the ‘Winter Package 2024’ to increase electricity... Updated 26 Oct, 2024 08:40am
Print Contracts with 8 more IPPs renegotiated, NA told ISLAMABAD: The National Assembly was informed on Friday that contracts with eight additional independent power... Updated 26 Oct, 2024 12:26pm
Print PM congratulates nation ISLAMABAD: Prime Minister Shehbaz Sharif on Friday felicitated the nation as the Pakistan Stock Exchange’s 100-index... Updated 26 Oct, 2024 09:23am
Opinion The power sector challenges Due to a significant economic downturn and resentments in public, the government had no choice but to implement... Published 25 Oct, 2024 07:02am
Editorials IPPs: a slippery situation? EDITORIAL: Negotiations with Independent Power Producers (IPPs) are progressing. Following the termination of... Published 25 Oct, 2024 06:39am
Print Govt inks revised deals with 8 bagasse-fired IPPs ISLAMABAD: Following successful negotiated deals with the five Independent Power Producers (IPPs), the Energy Task... Updated 23 Oct, 2024 09:09am
Print Summoned for probe in 2nd phase: IPPs agitating over non-payment ISLAMABAD: The Independent Power Producers (IPPs) that are to be quizzed in the second phase to shift them from take... Updated 22 Oct, 2024 09:24am
Business & Finance Experts for converting circular debt into cheap public debt LAHORE: To address the issue of circular debt, power sector experts have suggested converting circular debt into... Published 22 Oct, 2024 06:33am
Opinion Squeezing lemons: the fallout of lazy reforms The government is resorting to lazy reforms, putting pressure on the known and compliant while ignoring systemic... Published 21 Oct, 2024 06:44am
Opinion IMF programme: lack of ingenuity? The narrative led by Prime Minister Shehbaz Sharif and Finance Minister Muhammad Aurangzeb is that the economy has... Updated 21 Oct, 2024 07:07am
Print Pay-mode conversion: Govt summoning 18 IPPs next week ISLAMABAD: The government is expected to commence summoning top bosses of 18 Independent Power Producers (IPPs),... Updated 19 Oct, 2024 09:45pm
Business & Finance Proposed mini-budget rejected: Govt urged to slash power rates by 9pc LAHORE: The Federation of Pakistan Chambers of Commerce and Industry's top officials, Zakki Ejaz and SM Tanveer,... Published 18 Oct, 2024 07:43am
Opinion Towards ‘Take and Pay’ contract settlement Energy prices have increased tremendously which has created controversy and unrest in the country. IPP (Independent... Published 18 Oct, 2024 06:58am
Opinion The spectre of very high power tariffs While the federal government must be appreciated for cancelling contracts with 5 IPPs (Independent Power Producers),... Published 17 Oct, 2024 06:34am
Editorials Termination of contracts with IPPs EDITORIAL: The government’s decision to terminate power purchase agreements (PPAs) with five of Pakistan’s ... Published 17 Oct, 2024 06:34am
Print ‘Take and pay’ mode: Govt tailors four customised options for 18 IPPs ISLAMABAD: The government experts are said to have tailored four options of ‘take and pay’ mode to be offered to 18... Updated 16 Oct, 2024 03:44pm
Opinion Victimising local IPP sponsors risks scaring future investment The first round of IPP negotiations has concluded, resulting in the termination of five contracts through coercive... Updated 14 Oct, 2024 07:35am
Print Forex reserves will touch $11bn in two weeks: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb said Sunday that the country’s economy is moving towards positive... Updated 14 Oct, 2024 03:17pm
Print Govt stops payments to 18 IPPs ahead of negotiations? ISLAMABAD: The government is said to have stopped payments to 18 Independent Power Producers (IPPs) of 4,267-MW... Updated 14 Oct, 2024 03:17pm
Business & Finance Govt praised for terminating contracts with five IPPs KARACHI: Malik Khuda Bakhsh, Convener of FPCCI’s Standing Committee on Energy, and central member of the UBG Core... Published 13 Oct, 2024 06:46am
Editorials Focus on structural reforms EDITORIAL: Federal Finance Minister Muhammad Aurangzeb, while talking to a group of investors led by Barclays, ... Published 13 Oct, 2024 06:46am
Print Thar coalfield phase-II: Sindh govt sounds alarm over delay in financial close ISLAMABAD: The Sindh government has conveyed its concerns to Islamabad on possible financial implications of delay... Updated 13 Oct, 2024 09:45am
Print Power sector: Govt commits to IMF about drastic reforms ISLAMABAD: The government has committed to the International Monetary fund (IMF) to revise terms of Power Purchase... Updated 12 Oct, 2024 09:59pm
Print Awais praises army chief’s supportive role ISLAMABAD: Minister for Power, Sardar Awais Ahmad Khan Leghari, on Thursday expressed gratitude to Army Chief... Updated 11 Oct, 2024 02:24pm
Print Govt ends deals with five private IPPs KARACHI: Government has ended power purchase contracts with five private companies, including one with the country’s... Updated 11 Oct, 2024 09:12am
Markets Listed IPPs Hubco, Lalpir call emergency meetings as govt moves towards agreement termination Independent Power Producers (IPPs) listed at the Pakistan Stock Exchange (PSX), including Hub Power Company Limited... Updated 09 Oct, 2024 07:20pm
Business & Finance LCCI lauds govt’s steps to review annual agreements with IPPs LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has appreciated the government's proactive measures to... Published 09 Oct, 2024 08:21am
Print Strike and strife cost economy Rs190bn a day: minister ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday said that national economy suffered cumulative losses of... Updated 09 Oct, 2024 08:53am
Print Hubco likely to follow suit: Four IPPs ink deal to annul pacts early Government shows willingness to pay previous capacity dues of five IPPs Updated 08 Oct, 2024 09:29am
Print Reducing power tariff top priority: Awais ISLAMABAD: Federal Minister for Energy, Sardar Awais Ahmad Khan Leghari, said on Sunday that the government is... Updated 07 Oct, 2024 03:07pm
Satellite photos show Israel hit Iran former nuclear weapons test building, missile facilities, researchers say