Category: Recent Post

K-Electric (KE), Karachi’s electricity provider and Easypaisa, Pakistan’s leading provider of digital financial services have partnered together to extend a convenient and hassle-free bill payment solution for the power utility’s customers. The partnership with Easypaisa offers 5% cashback (up to PKR 100) to new Easypaisa customers on their first KE bill payment. Through this partnership, KE is encouraging customers to…

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Inefficiency and mismanagement in the liquefied natural gas (LNG) business has burdened Pakistani consumers, who are forced to pay an extra billions of rupees. In a recent deal, Pakistan LNG Limited (PLL) put an additional burden of around Rs30 billion by rejecting an offer of the Azerbaijan state firm, Socar, and from one of the Gulf-based producers that were submitted…

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The Cabinet Committee on Energy (CCOE) is likely to approve a plan to free liquefied natural gas (LNG)-based power plants from the economic merit order in a bid to ease pressure on a gas utility’s pipeline network, but the move will put an additional burden on gas consumers. The CCOE has already exempted the LNG-based power plants from 66% guaranteed…

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 Islamabad: Byco Petroleum Pakistan Limited is set to buy Puma Energy, an oil marketing company, to expand its retail outlets’ operations. It has also made a turnaround and has ambitious plans to set up upgradation plants, but it also focuses on enhancing its retail outlet to capture market share. Byco Petroleum has also turned into an impressive Net Profit of Rs. 2.17 Billion during…

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Whatever the real reasons for the nationwide power distribution/generation bottlenecks and however much the shortfall, it is the duty of the government of the day to answer for them as well as to address them. Yet the way in which Minister for Energy Hammad Azhar deflected criticism in the House, even from Pakistan Tehreek-e-Insaf’s (PTI’s) own MNAs, inspired little confidence…

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National Transmission and Despatch Company (NTDC) said on Tuesday that the country will continue to face power load-shedding in the coming years due to system constraints and other factors. This presumption was shared during a public hearing on Indicative Generation Capacity Expansion Plan (IGCEP), 2021-30, held in Nepra and attended by over a dozen energy sector experts, representatives of Planning…

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Residents of Karachi are suffering due to the fight between Sui Southern Gas Company (SSGC) and K-Electric, said National Electric Power Regulatory Authority (Nepra) chairman in remarks over delay in signing of a gas supply agreement between the two companies. Nepra Chairman Tauseef H Farooqi, while presiding over a hearing on the quarterly tariff adjustment for K-Electric, expressed displeasure over…

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While reserving its judgement on tariff increase, the National Electric Power Regulatory Authority (Nepra) on Tuesday expressed displeasure over night time power cuts in Karachi owing to administrative and financial disputes of K-Electric and Sui Southern Gas Company Ltd (SSGCL). Presiding over the a public hearing on quarterly adjustment of KE’s petition for 37 paisa per unit increase in tariff,…

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ISLAMABAD: The government on Tuesday increased the prices of all petroleum products by up to four per cent for next 15 days to pass on partial impact of increase in international prices. According to a notification issued by ministry of finance, the ex-depot price of petrol has been increased by Rs2.13 per litre and that of high speed diesel (HSD)…

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Like other socio-economic sectors, the merged areas, energy, agriculture and communication sectors of Khyber Pakhtunkhwa have given major share from Public Sector Development Program (PSDP 2021-22) with huge allocation for under construction Mohmand, Kurram Tangi dams, Indus Highway and development of infrastructure in erstwhile Fata. According to the Federal Budget 2021-22 document, Rs 5,507 million have been allocated for construction…

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