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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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..

Go to article

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..

Go to article

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...

Go to article

VIS reaffirms entity ratings of Power Cement Ltd

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

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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)...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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)...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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)...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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..

Go to article

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...

Go to article

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...

Go to article

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..

Go to article

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...

Go to article

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]...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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....

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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....

Go to article

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...

Go to article

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...

Go to article

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....

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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....

Go to article

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...

Go to article

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...

Go to article

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.....

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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...

Go to article

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....

Go to article

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...

Go to article

Power Cement reports Rs443mn loss

Power Cement reports Rs443mn loss

Go to article

Power Cement increases share capital to Rs13.9bn

Power Cement increases share capital to Rs13.9bn

Go to article

Electricity generation rises by 13% YoY in May’22

Electricity generation rises by 13% YoY in May’22

Go to article

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

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

Go to article

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

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

Go to article

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

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

Go to article

Power Cement to resume line III plant operations by April

Power Cement to resume line III plant operations by April

Go to article

Nepra increases power tariff by Rs4.3 per unit

Nepra increases power tariff by Rs4.3 per unit

Go to article

Power Cement to get electricity from Burj Solar on fixed tariff

POWER to get electricity from Burj Solar on fixed tariff

Go to article

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

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

Go to article

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

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

Go to article

300MW Gwadar Power Plant to start functioning by 2023

300MW Gwadar Power Plant to start functioning by 2023

Go to article

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

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

Go to article

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

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

Go to article

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

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

Go to article

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

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

Go to article

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

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

Go to article

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

Go to article

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

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

Go to article

Govt devises elaborate power sector reforms' programme

Govt devises elaborate power sector reforms programme

Go to article

Govt devises elaborate power sector reforms' programme

Govt devises elaborate power sector reforms programme

Go to article

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

VIS revises Power Cements rating outlook from Negative to Stable

Go to article

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

VIS revises Power Cements rating outlook from Negative to Stable

Go to article

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

Go to article

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

Go to article

NEPRA increases electricity tariffs by Rs 0.4842 per unit

NEPRA increases electricity tariffs by Rs 0.4842 per unit

Go to article

Name Price/Vol %Chg/NChg
KSE100 131,136.27
55.03M
0.34%
449.61
ALLSHR 81,626.46
292.18M
0.40%
321.21
KSE30 40,119.38
27.11M
0.44%
173.93
KMI30 191,258.35
30.99M
0.29%
560.30
KMIALLSHR 55,147.28
143.68M
0.13%
73.13
BKTi 34,972.91
4.45M
1.17%
404.52
OGTi 28,601.93
2.50M
-0.48%
-137.42
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,500.00 110,525.00
109,500.00
-915.00
-0.83%
BRENT CRUDE 68.59 68.89
68.42
-0.21
-0.31%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 108.45 109.80
108.45
-0.55
-0.50%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.89 67.18
66.72
-0.11
-0.16%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%


Latest News
July 04, 2025 at 11:24 AM GMT+05:00

Pakistan calls for credit rating reform at UN FFD4 summit


July 04, 2025 at 11:07 AM GMT+05:00

Saudi Riyal available at PKR 76.4 in open market


July 04, 2025 at 10:45 AM GMT+05:00

Pakistan charts AI roadmap for key development sectors


July 04, 2025 at 09:49 AM GMT+05:00

Lucky Cement achieves historic export milestone



Pakistan Stock Movers
Name Last Chg/%Chg
3223 Pr32ice Chan2ge
Name Last Chg/%Chg