‘Inflated’ bills: Intelligence agency comes to the rescue of power consumers? Agency has prompted caretaker government to intervene and take action to provide immediate relief Updated 10 Oct, 2023 12:40pm
Print Shamshad informs Senate body: No ‘fiscal space available’ for subsidies ISLAMABAD: The members of the Senate Standing Committee on Finance demanded of the government to withdraw seven... Updated 31 Aug, 2023 09:25am
Business & Finance Rs7.50 hike in power tariff formally approved ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has formally approved increase of Rs 7.50 per unit ... Published 26 Jul, 2023 06:17am
Print CPEC IPPs: Finance Division asks PD to adjust Rs20.726bn as advance payment Finance Division has once again advised that Power Division may adjust the advance payments to CPEC-IPPs against next five months of FY 2023-24 Updated 08 Jul, 2023 05:15pm
Print ECC approves Rs80bn subsidy for power sector ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs80 billion subsidy for the power... Updated 22 Jun, 2023 08:54am
Print Power sector subsidy: Finance shows willingness to allocate Rs450bn ISLAMABAD: Finance Division has reportedly shown willingness to allocate Rs 450 billion for power sector subsidy in... Updated 17 May, 2023 09:10am
Print Rs80bn gas subsidy to five export sectors ends ISLAMABAD: The federal government has ended the Rs 80-billion subsidy on gas to five export sectors for FY... Updated 30 Apr, 2023 04:51pm
Print Withdrawal of export power subsidy: Treasury MPs come down hard on govt ISLAMABAD: The treasury lawmakers in the National Assembly Thursday came down hard on the government for withdrawing... Updated 31 Mar, 2023 08:53am
Business & Finance Withdrawal of power subsidy to hurt exports further: FPCCI KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has... Published 05 Mar, 2023 03:36am
Print IMF grudgingly agrees to 45pc power subsidy slash ISLAMABAD: The government and International Monetary (IMF) are said to have agreed on reducing power subsidy by 45... Updated 11 Feb, 2023 08:57am
Print Talks extended for two days: IMF demands govt withdraw power subsidy ISLAMABAD: Technical level talks between International Monetary Fund (IMF) team and Pakistani authorities have been... Updated 06 Feb, 2023 09:11am
Print Power tariff for five export-oriented sectors: Overwhelmed by APTMA push, Dar announces subsidy Ishaq Dar says provision of electricity at a subsidised price till June 2023 would cost Rs100 billion to government on account of cost differential Updated 07 Oct, 2022 09:59am
Markets Export-oriented sectors: Govt backs out of subsidised power decision Insiders claim that the decision has been taken to meet the conditions of International Monetary Fund (IMF) as the Fund has not supported additional funding for export-oriented industry Updated 23 Aug, 2022 09:25am
Print Subsidized power to export-oriented sectors: PD says it needs Rs77.9bn ISLAMABAD: The Finance Ministry would be required to provide Rs77.9 billion to the Power Division if it wanted to... Updated 02 Aug, 2022 09:39am
Business & Finance Consumption up to 100 units: BoP, Punjab govt to ink SLA on power subsidy ISLAMABAD: The Bank of Punjab (BoP) and Government of Punjab (GoPb) are to sign a Service Level Agreement (SLA) to... Published 08 Jul, 2022 06:19am
Markets ‘Pay Rs11.582bn against RLNG supplies’: SSGCL urges PD to get approval of KE’s pending subsidy ISLAMABAD: Sui Southern Gas Company Limited (SSGCL) has requested Petroleum Division to get approval of KE’s... Published 23 Jun, 2022 06:05am
Print Rs5/unit power relief withdrawn ISLAMABAD: The federal government has withdrawn the subsidy the last government of Pakistan Tehreek-i-Insaf (PTI)... Published 17 Jun, 2022 06:37am
Print Power sector: ECC approves Rs50bn as advance against subsidy claims ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs50 billion in the ongoing fiscal... Updated 14 Jun, 2022 09:55am