The Pakistan Atomic Energy Commission (PAEC) will build the 1,200 MW Chashma Nuclear Power Plant-5 (C-5) at a cost of… Read More
Petroleum Sales Rise 3% in December 2024
Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.28 million tons in December 2024. This represents a 3 percent YoY… Read More
Gas Prices for Captive Power Plants Likely to Spike Over Rs. 4,000 per MMBtu
The federal government is preparing to increase gas prices for captive power plants by up to Rs. 1,100 per MMBtu,… Read More
Siemens Pakistan to Sell Its Energy Business for Rs. 17.8 Billion
Siemens (Pakistan) Engineering (PSX: SIEM) has approved the sale and transfer of its Energy Business Segment on a going concern… Read More
Electricity Tariff to Increase in January 2025 Despite Low Fuel Costs
Electricity tariffs for January 2025 will rise by Rs. 0.51 per unit compared to December 2024. This comes as the… Read More
Privatization of 3 Electricity Companies to Be Finalized by End of Fiscal Year
The federal government has tasked a Financial Advisor (FA) with expediting the privatization transaction of three major power distribution companies… Read More
Govt Likely to Give Fuel Price Surprise to Public on New Year’s Day
The price of MS petrol is expected to remain unchanged this week due to low demand worldwide and stable import… Read More
Govt Saves Rs. 1 Trillion By Renegotiating IPP Contracts
The government has achieved Rs. 1 trillion in savings through renegotiated agreements with Independent Power Producers (IPPs), Power Minister Awais… Read More
PPL Commissions Second Exploratory Well in Sujawal District, Sindh
As part of the exploration and development activities in the Shah Bandar JV Block (Block 2467-16), the second exploratory well… Read More
OGDC Enhances Oil Production At Well in Hyderabad
Oil & Gas Development Company Limited (OGDC) ihas announced the successful revival and enhanced production of oil from the Pasakhi-5… Read More
Indigenous Gas Fields Remain Open Amid Misreporting of RLNG Curtailment
The recent claims regarding the closure of Indigenous gas fields in favor of imported RLNG require clarification. The gas was… Read More
NEPRA Exempts Foreign-Funded Renewable Energy Projects From Procurement Rules
The National Electric Power Regulatory Authority (Nepra) has amended its regulations to exempt renewable energy projects developed under the Inter-Governmental… Read More
