Pakistan signs $4.5bn loans with local banks to ease power sector debt KARACHI: Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50... Updated 20 Jun, 2025 10:08pm
Pakistan Dar discusses challenges facing power sector ISLAMABAD: Deputy Prime Minister Ishaq Dar presided over a high-level meeting to discuss challenges facing the power... Published 20 Jun, 2025 07:52am
Pakistan Minister slams Centre for ‘ignoring’ development of Karachi KARACHI: Sindh Minister for Energy, Development, and Planning Syed Nasir Hussain Shah stated that Sindh is the only... Published 20 Jun, 2025 06:20am
Print Payment dispute between CPPA-G, KE remains unresolved ISLAMABAD: The Power Division has reportedly failed to resolve a dispute over an excess payment of Rs 7.43 billion... Updated 20 Jun, 2025 09:02am
Budget 2025-26 Petroleum products: Senate body rejects Rs2.50/litre carbon levy ISLAMABAD: The Senate Standing Committee on Finance and Revenue with majority vote rejected the carbon levy of Rs2.5... Updated 20 Jun, 2025 03:48pm
Print KHCL seeks LoS extension for $2.5bn Kohala hydropower project till Sept 2027 ISLAMABAD: Kohala Hydro Company Limited (KHCL) has requested an extension of its Letter of Support (LoS) for the... Updated 20 Jun, 2025 03:49pm
Print PD tells NA body Rs2.50/litre carbon levy to apply from July 1 Petroleum levy stands at Rs77/litre on high-speed diesel and Rs78.02/litre on petrol Updated 20 Jun, 2025 03:48pm
Markets Net-metering adds 2,813MW to power generation capacity LAHORE: An installed capacity of 2,813MW from net-metering has resulted into an increase in Pakistan’s total... Published 19 Jun, 2025 07:32am
Business & Finance PALSP for linking tariff cuts to power rates ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) Wednesday urged upon the Senate Standing Committee... Published 19 Jun, 2025 07:18am
Budget 2025-26 Solar power: Curb the bigger beast of net-metering first News is out that the National Assembly Standing Committee on Finance has unanimously rejected the proposed 18 ... Updated 19 Jun, 2025 09:08am
Print Power sector circular debt plan okayed by Cabinet Plan aims to eliminate Rs1.275 trillion in circular debt over six years without adding pressure to the national budget Updated 19 Jun, 2025 03:19pm
Budget 2025-26 GST on imported solar panels reduced to 10pc ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar said that the digital sales tax on services would... Updated 19 Jun, 2025 09:23am
Print World Bank-funded project under Pesco: HEC seeks relaxation in bidding criteria ISLAMABAD: The Heavy Electrical Complex (HEC) has formally sought a relaxation in the bidding criteria for a World... Updated 19 Jun, 2025 08:32am
Print Rs1.275trn loan deal finalised with banks ISLAMABAD: The Federal Cabinet on Wednesday approved a long-anticipated agreement between the Government of Pakistan... Updated 19 Jun, 2025 08:32am
Markets Power sector: federal cabinet approves Rs1.275trn bank loan to cut circular debt Loan aims to offset a portion of circular debt that currently stands at approximately Rs2.4 trillion Published 18 Jun, 2025 10:32pm
Business & Finance Mian Zahid concerned over proposed 18pc tax on solar panels KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and... Published 18 Jun, 2025 06:59am
Print Short on commitment with SNGPL: Power sector uses 28pc less RLNG SNGPL reiterates that the power sector is not consuming RLNG as per the committed demand of 550 million cubic feet per day for June 2025 Updated 18 Jun, 2025 02:49pm
Markets NA panel rejects 18pc GST on solar panels ISLAMABAD: The National Assembly Standing Committees on Finance and Revenue, unanimously, rejected the proposal of... Published 18 Jun, 2025 06:10am
Opinion Power sector—hope on the horizon Over the past year, power tariffs in Pakistan have come down considerably and, contingent on key reforms being... Published 17 Jun, 2025 03:11am
Opinion The curious case of Bitcoin mining in Pakistan Recent media reports have highlighted the allocation of 2000 MW of power for Bitcoin (BTC) mining. In a country like... Updated 16 Jun, 2025 04:36pm
Print Off-the-grid CPP levy bill gets President’s assent Bill states that rate of levy shall be increased by five percent immediately and further increased to 10 percent by July 2025 Updated 16 Jun, 2025 09:29am
Print TPPAs set to be signed for Karachi Nuclear Power Plants K-2, K-3 ISLAMABAD: Pakistan Atomic Energy Commission (PAEC), National Grid Company (NGC), erstwhile NTDC, and Central Power... Updated 16 Jun, 2025 08:59am
Markets Sahiwal coal power plant implementing Nepra’s safety awareness drive LAHORE: The 1320 MW Sahiwal coal power plant has taken immediate and effective steps to launch a comprehensive... Updated 16 Jun, 2025 08:40am
Budget 2025-26 18pc duty on solar panels rejected: FPCCI opposes withdrawal of tax exemptions on merged districts PESHAWAR: Akbar Khan, Coordinator of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for Khyber... Updated 16 Jun, 2025 08:38am
Business & Finance Dar says steps under way to enhance financial ties with Turkiye ISLAMABAD: Deputy Prime Minister and Federal Minister for Foreign Affairs Ishaq Dar said that Pakistan is exploring... Published 14 Jun, 2025 07:04am
Print PD uncertain on power tariff changes from July 1 ISLAMABAD: The Power Division stated on Friday that it currently has no definitive estimate of whether electricity... Updated 14 Jun, 2025 03:27pm
Opinion IWT in ‘abeyance’: a national wake-up call On April 24, 2025, India’s sudden and unilateral suspension of the Indus Waters Treaty (IWT) jolted the ... Updated 13 Jun, 2025 08:10am
Budget 2025-26 Aurangzeb tells Senate body: Govt eyes $2bn loan to boost reserves ISLAMABAD: Amid expectation of borrowing $2 billion from commercial banks to shore up reserves to $14 billion by the... Updated 13 Jun, 2025 09:25am
Budget 2025-26 Long-term industrial policy on the anvil ISLAMABAD: The Ministry of Industries and Production in close collaboration with all the stakeholders including the... Updated 13 Jun, 2025 09:36am
Budget 2025-26 Maximum relief for low & middle-income earners: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb has stated that maximum possible relief has been provided to low- and... Updated 12 Jun, 2025 01:29pm