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Pakistan

Web Desk
Jun 25, 2025

PM Shehbaz orders nationwide rollout of smart electricity meters

PM Shehbaz emphasizes the need to ensure uninterrupted power supply to industries and provide relief to the public by improving efficiency and reducing losses

Business

Web Desk Karachi
Feb 27, 2025

Power Division proposes Rs392.5 billion PSDP for development projects in FY2025-26

The allocation for FY 2024-25 was Rs150.269 billion, comprised of Rs61.578 billion in foreign loans, Rs88.69 billion in rupee coverage, Rs43.012 billion sourced from the government (grants plus cash development loans), and Rs45.679 billion from NTDC’s internal resources.

Business

Web Desk Karachi
Feb 24, 2025

Government negotiates Rs1,240 billion loan to tackle circular debt crisis

Once the term sheet is completed, the government plans to borrow from banks for a seven-year period, which will be repaid by electricity consumers through a current debt servicing surcharge of Rs3.23 per unit incorporated into the tariff.

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).