Author: Admin

Power Generation Hits 4-Year High in April Amid Rising Demand and Fuel Mix Shift

Admin
Power-sector

KARACHI: Pakistan’s electricity generation surged to a four-year high in April 2025, reaching 10,513 gigawatt-hours (GWh), marking a robust 22% year-on-year (YoY) and 25% month-on-month (MoM) increase, according to data released by the National Electric Power Regulatory Authority (NEPRA). The uptick—driven by soaring power demand due to rising temperatures and reduced industrial reliance on captive power—marked the highest monthly output in 48 months. Analysts attribute the rise to a shift towards national grid usage, spurred by relatively lower tariffs. “The rise in generation is attributed to increased demand, driven by…

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IMF Yet to Approve Pakistan’s Budget Relief Proposals Amid Revenue Concerns

Admin
pak-imf

ISLAMABAD: The International Monetary Fund (IMF) has not yet taken a final stance on Pakistan’s request for budgetary relief, as it continues to push for concrete steps to broaden the tax base—particularly in agriculture income and the retail sector. Government officials, under the direction of Prime Minister Shehbaz Sharif, have held extensive discussions with the IMF mission since May 14. A key relief proposal includes a 2.5% across-the-board reduction in income tax rates for salaried individuals. However, the IMF’s approval hinges on Pakistan’s ability to meet the programme’s target of…

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Consumers Face Higher Bills as Discos Propose Rs1.27 per Unit Fuel Cost Hike

Admin
Petroleum-Sector

ISLAMABAD: Electricity consumers are likely to face a fresh financial burden as distribution companies (Discos) have requested a Rs1.27 per unit increase in Fuel Cost Adjustment (FCA) for April 2025, following a 22% surge in power consumption compared to April last year. If approved by the National Electric Power Regulatory Authority (Nepra), this adjustment will translate into an additional Rs13 billion in billing for June. The increase comes after eight consecutive months of negative adjustments and follows a 20% base tariff hike effective from July 1, 2024. According to the…

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Govt, Deloitte Discuss Strategic Collaboration to Boost Energy Sector

Admin
New-Project24

ISLAMABAD: A high-level delegation from Deloitte Advisory US, led by Richard Longstaff, held a meeting with Federal Minister for Petroleum Ali Pervaiz Malik on Tuesday to explore strategic cooperation for strengthening Pakistan’s energy sector. The discussion focused on leveraging Deloitte’s global expertise in risk advisory, digital transformation, and governance to address challenges and unlock opportunities in Pakistan’s oil, gas, minerals, and gemstone industries. Key themes included improving operational efficiency, mitigating risks, and promoting sustainable growth. Minister Malik emphasized the government’s commitment to modernizing the energy sector and acknowledged the potential…

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Govt to Launch Online Portal for Simplified Net-Metering Applications

Admin
Net-Metering

ISLAMABAD: In a move to streamline the application process for net-metering connections, the government is set to introduce a digital portal aimed at enhancing transparency, efficiency, and user accessibility. The development was revealed during a meeting chaired by Federal Energy Minister Sardar Awais Ahmad Khan Leghari, where he emphasized the urgent need for “immediate and effective solutions” to challenges faced by applicants seeking net-metering connections. According to an official statement issued on Tuesday, the minister directed that the application process be made “simple, transparent, and user-friendly.” He also instructed electricity…

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