IPPs
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Business
IMF Approves Rs 1 Per Unit Reduction in Electricity Tariff
Islamabad: The International Monetary Fund (IMF) has approved a reduction of Rs 1 per unit in electricity tariffs, offering relief…
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Business
PM Shehbaz Announces Further Cuts in Electricity Tariffs
Prime Minister Shehbaz Sharif has announced further reductions in electricity tariffs for domestic consumers and industries. He assured that reforms…
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Business
Govt Plans to Convert Circular Debt into Public Debt
The government has initiated efforts to convert circular debt (CD) in the power sector into public debt. This move is…
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Business
Federal Cabinet Approves Revised Deals with IPPs
The Federal Cabinet has approved revised agreements with 14 Independent Power Producers (IPPs). The meeting, chaired by Prime Minister Shehbaz…
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Business
Government Announces Electricity Tariff Cuts Amid Talks with IMF
Federal Minister for Energy, Awais Leghari, announced significant progress in reducing electricity rates, with ongoing discussions with the International Monetary…
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Business
Govt to Terminate Expensive Electricity Agreements with IPPs
The federal government has decided to terminate agreements with six independent power producers (IPPs). These IPPs generate costly electricity, adding…
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Business
New Tariff Agreement Signed with Safe Power Company
Islamabad: The Ministry of Energy has successfully renegotiated a power purchase agreement with Safe Power Company, sources confirmed. The company’s…
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Business
Pakistan Govt to Finalize Deal with 18 IPPs for Cost Savings
Islamabad: The government is set to finalize a major agreement with 18 Independent Power Producers (IPPs). This agreement will transition…
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Business
Government Proposes New Financial Model for IPPs
The government has proposed a new financial model to 18 independent power producers (IPPs). This plan aims to significantly reduce…
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Business
Nepra Raises Concerns Over IPP Negotiations
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) raised concerns on Thursday regarding negotiations with Independent Power Producers (IPPs). These…
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Business
Govt Aims to Cut Power Tariff by Rs10, says Energy Minister
ISLAMABAD: The federal government is moving to reduce the electricity tariff by up to Rs10 after terminating power purchase agreements…
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Business
Power Minister Promises Reforms and Relief in Electricity Sector
ISLAMABAD: Power Minister Awais Leghari announced on Friday that the nation would soon hear good news from negotiations with independent power…
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Business
NEPRA Approves Rs1.743 per Unit Hike in Electricity Bills
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an additional charge of Rs1.743 per unit for electricity consumers,…
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Business
Nationwide Strike Disrupts Businesses as Traders Protest Tax Reforms
Traders across Pakistan are on strike today, protesting against the government’s new tax reforms. The strike has led to widespread…
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Business
KATI Backs Nationwide Traders’ Strike, Urges Govt to Address Economic Crisis
The Korangi Association of Trade and Industry (KATI) has formally declared its support for the nationwide traders’ strike set to…
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Business
Government Considers Shutting IPPs to Cut Power Tariffs
The federal government has launched a series of initiatives aimed at reducing electricity tariffs, acknowledging the severe financial challenges facing…
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Pakistan
JI Ends Sit-In After Agreement with Government
Jamaat-i-Islami (JI) has ended its two-week sit-in after making a deal with the government. The agreement focuses on forming a…
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Pakistan
JI Demands Immediate Relief Amid Rising Electricity Bills
Jamaat-e-Islami (JI) Ameer Hafiz Naeemur Rehman has issued a stark warning to the government, expressing frustration over the escalating electricity…
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