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Latest Pakistan

Web Desk
Sep 28, 2025

PD releases latest report on power restoration in flood-affected areas

The power restoration report shows that out of the 588 affected feeders, 396 feeders have been fully restored and 189 partially restored.

Latest Pakistan

Web Desk
Sep 21, 2025

Electricity restoration in flood-hit areas: Power Division issues latest stats

The Power Division said that field teams continue to work tirelessly to ensure full restoration of electricity in all flood-impacted areas.

Pakistan

Web Desk
Aug 31, 2025

Power Division reports progress on electricity restoration in flood-hit areas

The Power Division progress report said that complete electricity restoration in flood-affected areas remains a top priority.

Pakistan

Web Desk
Jun 08, 2025

Power Division clarifies issue of ban on two electricity meters

Two electricity meters can be installed in a separate portion, circuit, entrance and kitchen, the statement issued by Power Division said.

Business

Web Desk Karachi
Mar 14, 2025

Government slashes solar panel benefits by 63pc with new net metering policy

Under the revised policy, rooftop solar panel owners will be compensated at Rs10 per unit for the electricity they sell but will have to purchase power at the current approximate rate of Rs65 per unit.

Business

Web Desk Karachi
Mar 13, 2025

Karachi industrialists urge Senate chairman to fast-track crucial subsidy release

In a letter addressed to Mandviwala, the Pakistan Hosiery Manufacturers Association (PHMA) stressed the financial difficulties faced by local industries, highlighting losses amounting to Rs150 billion ($532 million) due to insufficient support.

Business

Web Desk Karachi
Mar 06, 2025

IMF considers lowering tax collection target amid economic slowdown

Any potential decrease from the original target of over Rs12.9 trillion hinges on the Finance Ministry’s capability to cut expenditures to ensure adherence to the IMF’s overarching programme goal of achieving a primary budget surplus of Rs1.2 trillion this fiscal year

Business

Web Desk Karachi
Mar 04, 2025

IMF demands action against tax evasion in real estate amid negotiations

Real estate agents who neglect to register properties may face fines reaching up to Rs500,000, and those who provide misleading information could incur fines ranging from Rs200,000 to Rs500,000.

Business

Web Desk Karachi
Mar 04, 2025

Power Division claims steady progress on IMF’s privatisation goals for Discos

Another reform action in progress is the introduction of Quarterly Tariff Adjustments (QTAs), with hearings for the second quarter already completed.

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.