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Tag: Energy Policy

Pakistan power sector FDI
Business
  • Web Desk
  • Jul 06, 2024
Power sector debt soars to Rs2.655 trillion

The Cabinet Committee on Energy (CCoE) reported that the circular debt in Pakistan’s power sector has surged to Rs2.655 trillion as of May 2024.

Gas price hike
Pakistan
  • Web Desk
  • Oct 30, 2023
ECC approves major gas price hike

The Federal Government of Pakistan has given its nod to an increase in gas prices, effective November 1.

IMF gas prices
Business
  • Web Desk
  • Oct 27, 2023
Gas sector debt surpasses Rs2,000 billion, winter supply squeeze looms

In a recent statement, Caretaker Energy Minister Muhammad Ali addressed the pressing issue of circular debt in Pakistan’s gas sector, which currently stands at a staggering Rs2,100 billion.

electricity prices
Business
  • Web Desk
  • Oct 26, 2023
Pakistan may end free electricity perks for DISCOs and GENCOs officers

Pakistan is expected to discontinue the provision of free electricity units to officers in both distribution companies (DISCOs) and generation companies (GENCOs).

gas price hike
Business
  • Web Desk
  • Oct 24, 2023
Gas price hike paves the way for IMF deal in November

Pakistan has taken a significant step by deciding to raise gas prices, a move that is anticipated to facilitate an agreement with the IMF.

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