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Tag: power sector

IPPs
Business
  • Web Desk
  • Oct 22, 2024
PSO forgoes late payment charges for five IPPs amid power sector reforms

The government estimates that terminating these five IPPs will save around Rs 411.16 billion in future payments.

Policy Research Institute for Equitable Development (PRIED)
Pakistan
  • Web Desk
  • Oct 13, 2024
Power sector needs distribution reforms, not more generation capacity

Despite already existing excess generation capacity, and consistently declining demand, more hydropower projects are being added.

weekly roundup
Business
  • Web Desk
  • Oct 13, 2024
PSX weekly roundup: banking, E&P sectors boost stock market gains

One power producer announced its intention to accelerate closure of its 1,292 MW plant, which was initially set to shut down in 2027.

Pakistan power sector FDI
Business
  • Web Desk
  • Sep 19, 2024
Power sector sees highest amount of FDI’s in August

Pakistan’s power sector saw the highest amount of Foreign Direct Investment (FDI) last month, totalling $148.02 million.

power sector
Pakistan
  • Web Desk
  • Sep 15, 2024
‘Compulsory Service Act’ enforced to prevent strikes amid power sector privatisation

Compulsory Service Act imposes a six-month ban on protests and strikes by employees within DISCOs, NTDC, and GENCOs.

Press Release
  • Web Desk
  • Sep 04, 2024
PPP, privatisation, or ‘provincialisation’: parliamentary forum debates solutions for inefficient DISCOs

NA speaker Ayaz Sadiq highlighted the need for an informed parliamentary and policy debate so that any negative fallouts of privatisation can be both predicted and prevented.

power consumption growth decline
Business
  • Web Desk
  • Aug 29, 2024
Power consumption growth declines by over 3 per cent in six years

The National Electric Power Regulatory Authority (NEPRA) has expressed growing concerns over the continuous decline in power consumption growth.

power consumption growth decline
Business
  • Web Desk
  • Aug 14, 2024
Discos’ underperformance adds Rs596 billion to circular debt

NEPRA has expressed concerns over the performance of Discos, highlighting a significant increase in losses amounting to Rs596 billion.

task force on power sector
Pakistan
  • Web Desk
  • Aug 05, 2024
PM constitutes task force to oversee structural reforms in the power sector

PM has constituted an eight-member task force to oversee the implementation of structural reforms in the power sector.

Pakistan announced plans to privatise its power distribution companies beginning in 2025, in order to address financial troubles of its energy sector.
Pakistan
  • Web Desk
  • Jul 28, 2024
Pakistan to privatise energy sector in 2025

The privatisation initiative is part of a broader economic reform agenda that Pakistan has committed to in exchange for financial support from the IMF.

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