power News

High energy prices, cheaper DERs boost decentralized power in Pakistan, says IEEFA report

The convergence of rising energy prices and declining costs of Distributed Energy Resources (DERs), such as rooftop solar photovoltaic (PV) systems and battery energy storage systems (BESS), has encouraged consumers to adopt decentralized energy solutions...

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Power sector financing nears completion, petroleum debt at Rs2.7tr

Work on the power sector’s linear bank financing is nearly complete, with disbursement expected within the next 2–3 weeks...

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Power generation rises 22% YoY in April 2025

The total power generation in the country increased by 22% to 10,513 GWh during April as compared to 8,639 GWh in the same month of last year...

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Power generation drops 2.6% YoY to 6,945 GWh in February

The total power generation in the country decreased by 2.6% YoY to 6,945 GWh during February 2025 compared to 7,130 GWh in the same month last year...

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Govt plans to establish free electricity market, says Power Secretary

The government is working towards establishing a free electricity market, allowing consumers to choose their electricity provider...

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Pakistan's Power sector attracts highest net FDI of 62.85m in January

Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $62.85 million in January 2025, as per the latest data released by the..

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Power Cement posts Rs32.4mn profit in H1FY25, reversing loss

Power Cement Limited (PSX: POWER) has reported a net profit of Rs32.4 million for the half-year ended December 31, 2024, marking a significant turnaround from..

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EV power tariff cut to Rs30 per unit to foster eco-friendly transport

To boost emission-less and eco-friendly vehicles in Pakistan, the power tariff for electric vehicles (EVs) has been reduced to Rs30 per unit...

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VIS reaffirms entity ratings of Power Cement Ltd

VIS Credit Rating Company Limited (‘VIS’) has reaffirmed the entity ratings Power Cement Limited...

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China scales back power investments amid security woes

Pakistan’s power sector failed to attract Chinese capital in October, showcasing an unusual trend potentially due to threats to Chinese nationals...

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ECC to discuss Winter Demand Initiative FY25 today

The Economic Coordination Committee (ECC) of the Cabinet will meet today at 13:00 hours to discuss the Winter Demand Initiative FY25 for electricity...

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SOEs block private players in Pakistan's power sector: CCP

The Competition Commission of Pakistan (CCP), in its research report titled "State of Competition in Key Markets in Pakistan: Power Sector," highlighted...

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Govt aims to contain circular debt surge through timely tariff increases

Pakistan's circular debt is projected to rise by Rs1.077 trillion in FY 2024-25, which is planned to be mitigated at Rs36 billion through CDMP...

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Pakistan's power sector attracts highest net FDI of $220m in Sep

Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $220.31 million in September 2024...

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Cabinet approves independent multiplayer market for electricity

The Cabinet Committee on Energy on Wednesday approved the establishment of an independent multiplayer market for power generation and purchase...

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Power Division refutes reports of setting up new power plant

The Power Division on Sunday rejected media reports claiming that a 1,200 MW power plant would be set up in Layyah District...

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NA body seeks complete details of contracts made with IPPs

The National Assembly Standing Committee on Power Division on Thursday sought complete detail of contracts made with Independent Power Producers (IPPs)...

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Pakistan to soon launch policy for promoting electric vehicles: Power Minister

Pakistan will soon launch a policy that encourages the adoption of electric vehicles, particularly two-wheelers and three-wheelers, to accelerate...

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Reducing power tariffs top priority of govt: Minister

The government is implementing all possible strategies to reduce power tariffs and protect consumer rights, Federal Minister for Energy said on Monday...

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Reconstituted boards for power entities greenlit by CCoSOEs

The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Thursday approved the nominations of Independent Directors, Ex-Officio Directors, and Chairmen...

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IFU, IIP to sell 6.1% stake in Power Cement

IFU Investment Partners K/S (IIP) and The Investment Fund for Developing Countries (IFU), the key strategic investors of Power Cement Limited (PSX: POWER)...

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Govt plans to lower power tariffs in a year: Minister

The government will be able to reduce power tariffs within one year, as all necessary steps are being taken to address issues in the power sector...

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Electricity generation rises 0.3% in July 2024

The total power generation in the country increased by 0.3% YoY to 14,880 GWh during July 2024 as compared to 14,839 GWh in the same month of last year...

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K-Electric set to double Pakistan’s solar capacity

K-Electric Ltd. plans to nearly double Pakistan’s solar capacity by adding 640 megawatts of clean energy to its portfolio in the next two years...

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Pakistan's power sector attracts highest net FDI of $62.2m in July

Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $62.16 million in July 2024, as per the latest data...

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New task force established to revamp Pakistan's power sector

To enhance the efficiency of Pakistan's power sector, the government has constituted a task force to review all the aspects for the improvement of the sector...

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PQEPC reaffirms commitment to Pakistan's energy sector

PowerChina, a major state-owned Chinese enterprise and key investor in Pakistan's energy market, continues to work with the government of Pakistan...

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Govt to provide maximum relief to power consumers: Musadiq Malik

Federal Minister for Petroleum Senator Musadiq Malik on Monday said that incumbent government has decided to provide maximum relief to power consumers...

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Pakistan in talks with Chinese bankers for power sector investments

Minister for Energy, Sardar Awais Ahmad Khan Leghari has recently disclosed that Finance Minister Muhammad Aurangzeb and other government officials...

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Pakistan's power sector leads FDI influx in FY24

Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $799.87m in the fiscal year 2024 (FY24)...

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Electricity generation drops for second consecutive year

The total power generation in the country decreased by 1.3% to 127,843 GWh during fiscal year 2023-24...

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Industrial leaders push for CTBCM regime for direct power purchases

The industrial chambers and associations of Pakistan have urged the government to implement the Competitive Trading Bilateral Contract...

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Power sector’s circular debt reaches Rs2.65tr by May

A meeting of the Cabinet Committee on Energy (CCoE) was informed on Friday that the circular debt of the power sector has reached Rs2.655 trillion as of May...

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Pakistan's Power sector attracts highest net FDI of $104.92m in May

Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $104.92 million in May 2024...

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Federal, KP govts unite to tackle power losses

The Federal and Khyber Pakhtunkhwa Governments have agreed to jointly work to overcome power losses and recover areas, according to the Information...

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Power generation drops 13.7% YoY in April 2024

The total power generation in the country decreased by 13.7% YoY to 8,640 GWh during April 2024 as compared to 10,010 GWh in the same month of last year...

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Pakistan's Power sector attracts highest net FDI of $194.16m in April

Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $194.16 million in April 2024, as per the latest data released..

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Business community proposes solutions for energy pricing issues

Chairman Nishat Chunian Group, Shahzad Saleem presented a comprehensive overview of the challenges confronted by the industrial sector pertaining to energy...

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Power sector's earnings climb in Q1 2024

Pakistan’s power generation & distribution industry experienced notable earnings growth in the first quarter of 2024, however, circular debt remained a major...

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Pakistan's power sector circular debt stable since October 2023: IMF report

Pakistan’s power sector circular debt valued at Rs2.6 trillion (2.5% of GDP), has remained broadly flat since October 2023 after some slippage earlier..

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Power Cement inks deal with Burj Solar for 9.6 MW wind power project

Power Cement Limited (PSX: POWER) has signed a term sheet with Burj Solar (Private) Limited (Burj Solar) for the development and financing of a 9.6 MW...

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Power Cement swings to loss in Q1 2024, posts Rs717m deficit

Power Cement Limited (PSX: POWER) has taken a major hit during the quarter ended March 31, 2024 (Q1 2024) incurring a loss of Rs717.09 million [LPS: 0.77]...

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Power Division denies reports of fixed tax imposition on solar power

The Power Division has refuted media reports claiming that the government has imposed a fixed tax on solar power, as revealed in the latest notification...

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Pakistan's Power sector attracts highest net FDI of $168m in March

Pakistan’s Power Sector witnessed the highest net Foreign Direct Investment (FDI) worth $167.47 million in March 2024, as per the latest data released by...

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KAPCO remains profitable despite no sales in 1Q2024

Kot Addu Power Company Limited (PSX: KAPCO) unveiled its profit and loss statement for the first quarter of 2024, wherein the profit after tax clocked...

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PM Shehbaz Sharif pushes for electricity infrastructure upgrade

Prime Minister Shehbaz Sharif has called for a plan on a priority basis for the up-gradation of electricity transmission systems and distribution....

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Interior Minister orders power companies to stop overbilling

Considering the existing burden of high electricity charges on the public due to high tariffs, Interior Minister Mohsin Naqvi has warned all power...

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Electricity bills may rise further with proposed CPPA fuel adjustment

The Central Power Purchasing Agency (CPPA), a subsidiary of the Power Division, has demanded Rs2.94 per unit additional fuel cost for March 2024...

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PM Shehbaz Sharif urges shift to hydel power, stresses renewable energy

Prime Minister Muhammad Shehbaz Sharif has directed to utilize all available resources for power generation through alternative and renewable energy sources...

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Power Division denounces news channel's claims of exaggerated theft recovery figures

Power Division has strongly refuted the misconceived news published by a news channel wherein the energy correspondent claimed that the theft recovery...

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Energy Minister urges transition to local coal for economic, energy security

The transition of local power plants from imported coal to local coal sources will not only generate cost-effective electricity but also significantly....

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Urgent reforms needed to halt GENCOS financial drain: Minister

Maladminstration within Generation Companies (GENCOS) is causing financial losses to taxpayers and urgent future course of action is needed to stop bleeding...

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Gwadar Power Plant to be operational soon: Minister

Federal Minister for Planning Development & Special Initiatives, Professor Ahsan Iqbal on Tuesday directed the authorities concerned to expedite...

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Power generation drops 14.2% MoM in February'24

The total power generation in the country dropped by 14.2% MoM to 7,130 GWh during February 2024 as compared to 8,314 GWh in January 2024, monthly....

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HUBCO foresees fall in power consumption amid economic shifts

Pakistan's largest private utility Hub Power Co Ltd (PSX: HUBCO) expects power consumption in the country to fall again this year due to higher tariffs...

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Power sector faces crisis as tariffs soar, consumption plummets

The power sector is in a dire situation as industrial power tariffs have reached around 17 cents/kWh, more than double the regional average, and gas prices...

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CCP greenlights Korean investment in Pakistan's hydropower sector

The Competition Commission of Pakistan (CCP) has approved a merger that will see a Korean company investing in Pakistan's hydropower sector, according to...

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Govt, IMF begin talks on circular debt resolution

The long-awaited negotiations between the government and the International Monetary Fund (IMF) regarding the settlement of the energy sector's circular debt...

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Neelum Jhelum hydel power station to shut down from January 10

Neelum Jhelum hydel power station will cease electricity generation from January 10, 2024, during the current low-flow season for the inspection of its...

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Govt plans to cut industrial electricity tariff by 44% to revive economy

The government plans to reduce the electricity tariff from 16 cents to 9 cents per unit for the export-oriented and zero-rated industries to ease the burden...

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WAPDA produces 34bn units of hydel electricity, cuts costs by Rs106bn

The Water and Power Development Authority (WAPDA) generated approximately 34 billion units of low-cost, clean, and green hydel electricity in the year 2023...

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Govt disburses around Rs200bn among power companies, hefty dividends on horizon

In a trailblazing move tackling the persistent circular debt crisis within the energy sector, the government has swiftly disbursed a staggering sum of around...

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ECC approves payment of Rs262bn to power plants via TSG

The Economic Coordination Committee (ECC) of the Cabinet, in its meeting held today, has approved the settlement of payables to...

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Power sector urged to address circular debt, T&D losses proactively

Power Sector must tackle circular debt, T&D losses, and DISCOs' outstanding dues urgently on a war-footing basis for sustainable provision....

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Power theft crackdown: Govt recovers Rs46bn in 53 days

The government's relentless efforts against power theft have yielded remarkable results, with recoveries now surpassing Rs46 billion...

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Government launches extensive crackdown on power theft

The government is launching an extensive crackdown on power theft, a widespread issue in Pakistan that drains the national grid and adds to the country’s...

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Power Cement turns profitable in FY23, reports Rs168m profit

Power Cement Limited (PSX: POWER) has shown significant recovery in fiscal year 2023, reporting a profit of Rs168.99.....

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Energy Minister, IFC Regional Director discuss power sector reforms

To improve and enhance the power sector, a detailed discussion for the efficient working of DISCOs was held in the meeting between the Minister for Energy...

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Circular debt reaches Rs5.4tr

Pakistan’s circular debt has surged to an alarming level of Rs5.4 trillion, Muhammad Ali, Caretaker Minister for Energy, Power & Petroleum stated...

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PM’s anti-power theft campaign to hit billion-rupee recovery mark today

Today marks a significant milestone in the Prime Minister's relentless campaign against power theft, with recoveries to cross the billion-dollar mark...

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Rs3.4tr: Price of ensuring Pakistan’s lights on

Pakistan's power sector has grappled with a staggering subsidy burden, reaching a figure of approximately Rs3.4 trillion in a span of 12 years...

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IMF program leaves government with little to no room on electricity prices

The government's capacity to address the escalating electricity prices, which have prompted public demonstrations, is somewhat restricted due to the...

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Business community threatens protests over rising power tariff

The business community has strongly opposed frequent power tariff increases and warned to protest if prices continue to rise, said a press release....

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Power Cement restructures Rs11.9bn debt with banks

Power Cement Limited (PSX: POWER) has reached an agreement with a local syndicate of banks to restructure its long-term obligations of Rs11.9 billion, in...

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Power Cement reports Rs443mn loss

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Power Cement increases share capital to Rs13.9bn

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Electricity generation rises by 13% YoY in May’22

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Power companies seek Rs7.96 per unit hike in electricity tariff for May

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Govt releases Rs46.9bn for Power Division's projects in last 11 months

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No proposal under consideration to raise power tariff next month: Minister

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Power Cement to resume line III plant operations by April

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Nepra increases power tariff by Rs4.3 per unit

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Power Cement to get electricity from Burj Solar on fixed tariff

POWER to get electricity from Burj Solar on fixed tariff

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Rs23.9bn disbursed for Power Division's projects so far

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K-electric seeks Rs3.45 per unit hike in electricity tariff

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300MW Gwadar Power Plant to start functioning by 2023

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Govt allows NEPRA to increase electricity tariff by Rs1.39 per unit from November

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CCPA proposes Rs2.07per unit hike in power tariff under FCA for Aug

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Nepra allows KEL to increase electricity tariff up to Rs 1.97 per unit

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NEPRA notifies Rs 1.6 per unit increase for Oct, Nov, 2020

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NML and NCL to be the major beneficiaries post circular debt resolution

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IPPs and government to finalize payment terms of outstanding circular debt in coming days

IPPs and government to finalize payment terms of the outstanding circular debt in coming days

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Diamer Basha Dam initiated, highest-ever Hydel Generation In 2020

Diamer Basha Dam initiated, highest-ever Hydel Generation In 2020\n\n

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Govt devises elaborate power sector reforms' programme

Govt devises elaborate power sector reforms programme

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Govt devises elaborate power sector reforms' programme

Govt devises elaborate power sector reforms programme

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VIS revises Power Cement's rating outlook from 'Negative' to 'Stable'

VIS revises Power Cements rating outlook from Negative to Stable

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VIS revises Power Cement's rating outlook from 'Negative' to 'Stable'

VIS revises Power Cements rating outlook from Negative to Stable

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Pakistan should quickly implement a major scale-up of solar and wind generation: World Bank Study

Pakistan should quickly implement a major scale-up of solar and wind generation

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Pakistan should quickly implement a major scale-up of solar and wind generation: World Bank Study

Pakistan should quickly implement a major scale-up of solar and wind generation

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NEPRA increases electricity tariffs by Rs 0.4842 per unit

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Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%

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High energy prices, cheaper DERs boost decentralized power in Pakistan, says IEEFA report

Power sector financing nears completion, petroleum debt at Rs2.7tr

Power generation rises 22% YoY in April 2025

Power generation drops 2.6% YoY to 6,945 GWh in February

Govt plans to establish free electricity market, says Power Secretary

Pakistan's Power sector attracts highest net FDI of 62.85m in January

Power Cement posts Rs32.4mn profit in H1FY25, reversing loss

EV power tariff cut to Rs30 per unit to foster eco-friendly transport

VIS reaffirms entity ratings of Power Cement Ltd

China scales back power investments amid security woes

ECC to discuss Winter Demand Initiative FY25 today

SOEs block private players in Pakistan's power sector: CCP

Govt aims to contain circular debt surge through timely tariff increases

Pakistan's power sector attracts highest net FDI of $220m in Sep

Cabinet approves independent multiplayer market for electricity

Power Division refutes reports of setting up new power plant

NA body seeks complete details of contracts made with IPPs

Pakistan to soon launch policy for promoting electric vehicles: Power Minister

Reducing power tariffs top priority of govt: Minister

Reconstituted boards for power entities greenlit by CCoSOEs

IFU, IIP to sell 6.1% stake in Power Cement

Govt plans to lower power tariffs in a year: Minister

Electricity generation rises 0.3% in July 2024

K-Electric set to double Pakistan’s solar capacity

Pakistan's power sector attracts highest net FDI of $62.2m in July

New task force established to revamp Pakistan's power sector

PQEPC reaffirms commitment to Pakistan's energy sector

Govt to provide maximum relief to power consumers: Musadiq Malik

Pakistan in talks with Chinese bankers for power sector investments

Pakistan's power sector leads FDI influx in FY24

Electricity generation drops for second consecutive year

Industrial leaders push for CTBCM regime for direct power purchases

Power sector’s circular debt reaches Rs2.65tr by May

Pakistan's Power sector attracts highest net FDI of $104.92m in May

Federal, KP govts unite to tackle power losses

Power generation drops 13.7% YoY in April 2024

Pakistan's Power sector attracts highest net FDI of $194.16m in April

Business community proposes solutions for energy pricing issues

Power sector's earnings climb in Q1 2024

Pakistan's power sector circular debt stable since October 2023: IMF report

Power Cement inks deal with Burj Solar for 9.6 MW wind power project

Power Cement swings to loss in Q1 2024, posts Rs717m deficit

Power Division denies reports of fixed tax imposition on solar power

Pakistan's Power sector attracts highest net FDI of $168m in March

KAPCO remains profitable despite no sales in 1Q2024

PM Shehbaz Sharif pushes for electricity infrastructure upgrade

Interior Minister orders power companies to stop overbilling

Electricity bills may rise further with proposed CPPA fuel adjustment

PM Shehbaz Sharif urges shift to hydel power, stresses renewable energy

Power Division denounces news channel's claims of exaggerated theft recovery figures

Energy Minister urges transition to local coal for economic, energy security

Urgent reforms needed to halt GENCOS financial drain: Minister

Gwadar Power Plant to be operational soon: Minister

Power generation drops 14.2% MoM in February'24

HUBCO foresees fall in power consumption amid economic shifts

Power sector faces crisis as tariffs soar, consumption plummets

CCP greenlights Korean investment in Pakistan's hydropower sector

Govt, IMF begin talks on circular debt resolution

Neelum Jhelum hydel power station to shut down from January 10

Govt plans to cut industrial electricity tariff by 44% to revive economy

WAPDA produces 34bn units of hydel electricity, cuts costs by Rs106bn

Govt disburses around Rs200bn among power companies, hefty dividends on horizon

ECC approves payment of Rs262bn to power plants via TSG

Power sector urged to address circular debt, T&D losses proactively

Power theft crackdown: Govt recovers Rs46bn in 53 days

Government launches extensive crackdown on power theft

Power Cement turns profitable in FY23, reports Rs168m profit

Energy Minister, IFC Regional Director discuss power sector reforms

Circular debt reaches Rs5.4tr

PM’s anti-power theft campaign to hit billion-rupee recovery mark today

Rs3.4tr: Price of ensuring Pakistan’s lights on

IMF program leaves government with little to no room on electricity prices

Business community threatens protests over rising power tariff