The power sector’s circular debt has increased by Rs. 303 billion to a staggering Rs. 2.6 billion during the first four months (July-October) of the financial year 2022-23. The circular debt has increased by over Rs. 75 billion per month (average) due to base tariff hikes, Fuel Cost Adjustments ...

The year 2020 proved to be an exceptional year for the water and hydropower sectors of Pakistan. The Water and Power Development Authority (WAPDA) succeeded in achieving significant milestones in the water and hydropower sectors this year. Besides generating the highest-ever low-cost hydel ...

The receivables of the power sector have soared up to Rs. 1.437 trillion, up 4.5% from Rs. 1.375 trillion in the first two months of the current fiscal year, Business Recorder link reported on Thursday. Receivables stock which grew to Rs. 479 billion during 2019-20, has posted a growth of Rs. 32 ...

ISLAMABAD- Prime Minister Imran Khan says the power sector is affecting the economic growth of the country and immediate overhauling and reform process is essential to lessen existing burden on the consumers. Chairing a meeting on Power sector reforms in Islamabad today (Monday), he directed early ...

ISLAMABAD-Prime Minister Imran Khan Thursday said that it was intolerable and unacceptable to make people take the brunt of mismanagement, theft and corruption in the power sector.Chairing a meeting to review the reforms process in the power sector, the prime minister said the transformation was ...

ISLAMABAD - Power Division is in the process of finalizing Integrated Generation Expansion Plan (IGXEP) for the national Grid which will regulate future energy demand and supply with most affordable and feasible power projects. This was revealed by Federal Minister for Power and Petroleum, Omar ...

ISLAMABAD - Pakistani Minister for Power Division Omar Ayub Khan Monday Pakistani power sector including generation, transmission and up-gradation has over $80 billion investment opportunities and foreign direct investment was pouring as multiple companies have shown their interest to ...

ISLAMABAD - The National Assembly was informed on Friday that an additional amount of one hundred and ninety two billion rupees has been recovered as a result of PTI government's successful campaign against power pilferage. Minister for Power Omar Ayub Khan told the house during question hour ...

Gilgit-Baltistan Chief Minister Hafiz Hafeez-ur-Rehman has invited Azerbaijan investors to investment in power sector. He said this during his meeting Minister with the Azerbaijan Power Minister in Bako. They discussed matters pertaining to mutual interest and investment in Hydel power. Chief ...

Gilgit-Baltistan Chief Minister Hafiz Hafeez-ur-Rehman has invited Azerbaijan investors to investment in power sector. He said this during his meeting Minister with the Azerbaijan Power Minister in Bako. They discussed matters pertaining to mutual interest and investment in Hydel power. Chief ...