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Opinion: Uncontrolled power sector

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...

Foreign investment drops 12pc for January YoY

The first seven months of FY21 could only pull US$ 1,145 million FDI which is about 27 pc less than the preceding year’s same period

NEPRA approves blueprint for introducing competition in electricity market

NEPRA has given go-ahead to CTBCM which according to the regulatory body, is the development of the wholesale competitive electricity market.

K-Electric to establish its own 500 KV grid by 2021: Omar Ayub

Omar Ayub Khan expressed hopes that KE will establish its own 500 KV grid by 2021 that will improve electricity system in Karachi.

Govt’s focus on reducing electricity tariff, says Omar Ayub

The minister added that the consumers will be provided low-cost electricity after the implementation of reform plans in production and supply sections.

Muhammad Mian Soomro assures to address concerns of power sector investors

Muhammad Mian Soomro said that the privatization process of power plants could not be completed on time.

Shahzad Qasim appointed special assistant to PM on Power Sector

Prime Minister Imran Khan on Thursday appointed Syed Shahzad Qasim as his special assistant on Power Sector.

Federal govt issues Sukuk worth Rs200 billion for power sector

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.

IPP report: National kitty faced Rs4tr loss due to irregularities in power sector

The cumulative budgetary support for the power sector amounted to 3.202 trillion rupees in subsidies and other liquidity injections from 2007 to 2019 still there were annual losses of around 370 billion rupees

Billions given to IPPs during PML-N tenure, says Murad Saeed  

Imran Khan has fulfilled his promise to conduct inquiries into the dubious dealings related to the IPPs, said Federal Minister Murad Saeed.

Federal cabinet green-lights making power sector inquiry report public

The committee last week had submitted its report and pointed out irregularities.

Power sector biggest challenge for country: PM Imran   

Prime Minister Imran Khan on Thursday said that power sector was the biggest challenge for the country.

Pakistan looking forward to boost cooperation in power sector with Iran: Omar

ISLAMABAD: Minister for Power Omar Ayub Khan has said Pakistan was looking forward to boost its existing cooperation in the field of power with...

Two French companies want to invest in Pakistan’s power sector: Ambassador Marc Barety

ISLAMABAD: Ambassador of France to Pakistan Marc Barety called on Federal Minister for Energy (Power Division) Omar Ayub Khan here on Monday and informed...

ECC defers summary on increase in electricity tariff

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet on Monday deferred a summary for a massive hike in electricity tariff. The meeting chaired...

Transparency, introduction of new technology in power sector govt’s top priority: Omar Ayub Khan

ISLAMABAD: Federal Minister for Power Omar Ayub Khan said that transparency in power system and introduction of new technology in transmission and distribution systems...

Pakistan, Turkey agree to boost bilateral relations in power sector

ISLAMABAD: Pakistan and Turkey have mutually agreed on extending their bilateral relations and to work collectively on different sectors particularly in power sector, ARY...

No subsidy given to power sector last year, says ministry

ISLAMABAD: No subsidy given to the power sector in the previous fiscal year, the Ministry of Water and Power has acknowledged. The ministry has said...

One-fourth of budget embezzled in power sector, says Imran Khan

ISLAMABAD: Pakistan Tehrik-e-Insaf (PTI) chief Imran Khan has said that an amount equal to one-fourth of the federal budget plundered in last five years, ARY News reported.

Petrol crisis: PM suspends four high-ranking officials

ISLAMABAD: Prime Minister, Nawaz Sharif eventually after five days took notice of the severe petrol crisis on Saturday and suspended four high-ranking officials including the Secretary Petroleum and MD PSO, ARY News reported.
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