PSO scraps HSFO delivery tenders ISLAMABAD: Pakistan State Oil (PSO) has scrapped tenders for delivery of High Sulphur Furnace Oil (HSFO) cargoes for... Updated 29 Aug, 2022 09:49am
Business & Finance SNGPL’s corporate briefing session held at PSX ISLAMABAD: Corporate briefing session of Sui Northern Gas Pipelines Limited (SNGPL) was held on Friday at Pakistan... Published 27 Aug, 2022 05:49am
Print FCA for July: CPPA-G seeks Rs4.70 per unit hike in Discos’ tariffs ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought an increase of Rs 4.70 per unit in... Updated 21 Aug, 2022 09:22am
Print Power Division accuses IPPs of ‘over invoicing’ ISLAMABAD: Power Division on Friday accused Independent Power Producers (IPPs) of involvement in substantial over... Updated 20 Aug, 2022 09:49am
Print June FCA: Discos allowed Rs9.90/unit tariff hike CPPA-G noted that actual fuel cost for June 2022 was Rs15.8439 per kWh Updated 13 Aug, 2022 09:40am
Markets Onward payment to PSO, PPL: DG (Gas) writes to PD for payment of TDS to KE Since May 2022, KE began defaulting timely payments to SSGC against weekly RLNG bills Updated 09 Aug, 2022 03:58pm
Business & Finance Dispute over contractual quantities’ non-offtake: LCIA delivers its arbitral award in favour of SNGPL Significant portion of the related litigation and arbitration costs will be borne by QATPL Updated 06 Aug, 2022 12:09pm
Business & Finance ECC decides to shift fertilizer, Agritech plants to gas Units want revision of variable contribution margin (VCM) of Rs186 per bag, capping of GST Updated 30 Jul, 2022 11:49am
Print Export-oriented industry: Energy subsidy to be reviewed quarterly ISLAMABAD: The government has decided for a quarterly review of subsidy available to export industry for both gas... Updated 29 Jul, 2022 09:19am
Print Power supply to export sectors at low rates: More funding contingent on IMF’s consent, ECC told Energy Ministry seeks views of Finance Division on proposal for providing electricity at 9 cents per kWh Updated 27 Jul, 2022 09:50am
Markets Experts advocate steps to increase reliance on indigenous fuel sources ISLAMABAD: Energy experts have proposed to the Planning Division and the Petroleum Division measures to increase... Published 27 Jul, 2022 05:23am
BR Research Power generation: Costly affair continues Pakistan’s grid power generation in FY22 at 139 billion units stood 10 percent higher year-on-year – and... Published 26 Jul, 2022 08:43am
Print Five export-oriented sectors: ECC decides to increase RLNG rate to $9 per MMBTU Approval increase in indigenous gas price for general industry at Rs1,550 per MMBTU Updated 26 Jul, 2022 09:22am
Print Export-oriented sectors: Govt has agreed to supply energy without disparity Incentive given for one year, it will expire on June 30, 2023 Updated 25 Jul, 2022 12:20pm
Print Energy conservation drive: Power Div asked to seek comments of Finance Div ISLAMABAD: Cabinet Division has advised Power Division to seek comments of Finance Division on the summary of Rs... Updated 24 Jul, 2022 11:50am
Print Financial crunch: KE demands clearance of TDC net difference Company tells government that it has reached alarming and unsustainable level of bank borrowings Updated 22 Jul, 2022 09:14am
Markets Pakistan's electricity generation cost up 160% YoY in June, production dips The total cost of generating electricity in the country jumped 160.4%, hitting Rs14.72 KWh in June 2022 compared to... Published 21 Jul, 2022 12:10pm
Markets Two RLNG-fired power plants: Minister convenes meeting of body on NPPMCL today ISLAMABAD: Minister for Power Khurram Dastgir Khan convened a meeting of Committee on Debt Recapitalization of... Published 21 Jul, 2022 05:40am
Print Monthly FCA formula: KE, CPPA-G seek record hike in power tariffs Both companies have sent their data to National Electric Power Regulatory Authority Updated 21 Jul, 2022 09:37am
Markets RLNG-fired project: CMEC seeks PM’s help in getting more funds from China ISLAMABAD: M/s China Machinery Engineering Corporation (CMEC), which established 1,263 MW RLNG-fired project at... Published 19 Jul, 2022 06:00am
Print Campaign on energy conservation: Power Division seeks Rs100m supplementary grant During ongoing summer season, country’s power system is facing shortfall of 6000 to 7000 MW Updated 15 Jul, 2022 10:27am
Print ECC informed about the ‘benefit’ of proposed move: Hike in gas tariffs likely to yield Rs666bn revenue Surplus revenue of Rs120 billion to be adjusted by OGRA during review of prices of SNGPL, SSGC Updated 09 Jul, 2022 09:40am
Opinion ‘Effective’ energy allocation for export growth Pakistan’s immense economic potential will remain elusive as long as the most productive sectors that enable... Published 07 Jul, 2022 05:35am
Print Previous govt held responsible for power load-shedding ISLAMABAD: Prime Minister Shehbaz Sharif led federal government has held PTI government responsible for power... Updated 04 Jul, 2022 09:36am
Print KE urges SSGCL to supply up to 70mmcfd of gas ISLAMABAD: Karachi Electric (KE) has urged Sui Southern Gas Company Limited (SSGCL) to immediately start supply of... Updated 02 Jul, 2022 09:48am
Print Govt decides to continue ‘minimum’ power load-shedding till Dec ISLAMABAD: The government has reportedly decided to continue minimum average monthly load shedding of three hours... Updated 29 Jun, 2022 09:40am
Print May FCA: Discos get Rs7.90/unit tariff hike ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Monday approved an increase of Rs 7.90 per unit ... Updated 28 Jun, 2022 10:22am
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 ECC approves Rs149bn payments to IPPs, KE Power Division informs finance minister that as per agreement, IPPs’ second and final installment was required to be paid in the first week of the next month Updated 23 Jun, 2022 10:08am
BR Research Power generation: Billion dollar fuel A billion dollars in power generation fuel cost for May 2022. One billion dollars, highest-ever are often overused... Published 21 Jun, 2022 10:01am