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Tag: power sector

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.

power consumption growth decline
Business
  • Web Desk
  • Jun 27, 2024
NHA and power sector lead list of loss-making SOEs in Pakistan

The National Highway Authority (NHA) and the power sector have emerged as the top loss-making entities in Pakistan.

electricity theft cases
Business
  • Web Desk
  • Feb 22, 2024
Over Rs75 billion recovered in crackdown against electricity theft

In a significant stride towards curbing electricity theft, Pakistan has recovered over Rs75 billion during an ongoing nationwide crackdown.

no more free electricity for power company employees
Business
  • Web Desk
  • Feb 21, 2024
Energy affordability plummets as tariffs reach new highs

The power sector in Pakistan is facing a critical situation as industrial power tariffs surge to approximately 17 cents per kWh.

power theft drive in Pakistan
Business
  • Web Desk
  • Feb 12, 2024
LESCO recovers over Rs8 million from defaulters

Lahore Electric Supply Company, in collaboration with Tehsildars (Recovery), successfully retrieved over Rs8 million from 446 defaulters.

power theft drive in Pakistan
Business
  • Web Desk
  • Nov 21, 2023
Rs55 billion recovered, thousands arrested in anti-electricity theft drive

The Power Division, on Tuesday, disclosed the outcome of an ongoing crackdown against electricity theft nationwide.

PTI rally Islamabad
Business
  • Web Desk
  • Nov 12, 2023
PTI releases white paper on economic situation of past 20 months

PTI government claims to have ensured strategic investments in key sectors such as agriculture, construction, and industry. PTI’s white paper also claims that they were able to successfully cap the inflation rate at 12.7 percent.

Wapda workers
Pakistan
  • Web Desk
  • Aug 30, 2023
WAPDA workers protest against potential elimination of electricity quota

Free electricity units constitutes a mere 0.023 percent of Pakistan’s total electricity consumption.

Business
  • Hum News
  • Aug 19, 2023
OGDC awaits formal communication on circular debt settlement

Oil and Gas Development Company Ltd (OGDC) has clarified that it has not yet received any official communication from relevant authorities regarding the issue of circular debt settlement.

circular debt
Business
  • Web Desk
  • Aug 15, 2023
Circular debt surges to Rs2.31 tr

The Pakistan Democratic Movement (PDM) government failed to bring about any improvement in the “acute” power sector situation.

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