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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.

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.

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.

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).

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.

Power sector debt soars to Rs2.655 trillion

ECC approves major gas price hike

Gas sector debt surpasses Rs2,000 billion, winter supply squeeze looms

Pakistan may end free electricity perks for DISCOs and GENCOs officers

Gas price hike paves the way for IMF deal in November

Islamabad traffic advisory for peace talks: routes closed, diversions announced across city

Ben Sasse says stage 4 cancer is a ‘death sentence’ reflecting on life, faith and dying

Mojtaba Khamenei signals resolve on Strait of Hormuz, vows ‘decisive triumph’ amid rising tensions

Afrika Bambaataa dead at 68 as ‘Godfather of hip-hop’ legacy faces renewed scrutiny

Melania Trump breaks silence on Epstein rumours, says ‘I was never linked’