Day: July 22, 2025

Audit Exposes Rs244 Billion Power Billing Scam Involving Eight DISCOs

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Power-sector

ISLAMABAD: A shocking audit by the Auditor General of Pakistan has uncovered a massive electricity overbilling scandal involving eight power distribution companies (DISCOs), defrauding consumers of Rs244 billion during the 2023–24 fiscal year. The report reveals that Islamabad Electric Supply Company (Iesco), Lahore (Lesco), Hyderabad (Hesco), Multan (Mepco), Peshawar (Pesco), Quetta (Qesco), Sukkur (Sepco), and Tribal Areas Electric Supply Company (Tesco) overbilled consumers to conceal line losses, electricity theft, and operational inefficiencies. In a single month, five of the companies overcharged 278,649 consumers by Rs47.81 billion. Over 900 million extra…

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OGRA initiated Comprehensive Digitisation of Oil Supply Chain to Ensure Transparency, Curb Pilferage, and Strengthen National Energy Security

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New-Project11

Islamabad, July 22, 2025 — The Oil & Gas Regulatory Authority (OGRA) has conducted a semniar at OGRA Headquarters to formally initiated a comprehensive digital platform to fully digitise Pakistan’s oil supply chain and is at highly advanced stage of the development. The digitisation will cover the import terminals to the fuel dispensing stations, in a move aimed at eliminating inefficiencies, curbing pilferage, and restoring public trust in the energy sector. In a decisive statement, the Chairman OGRA Masroor Khan affirmed: “Pakistan’s oil sector must embrace digitisation — fully and…

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Business Leaders Meet COAS, Express Full Support for Economic Reforms

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Asim-Munir

ISLAMABAD: A high-level delegation of leading industrialists, headed by former caretaker minister Gohar Ejaz, called on Chief of Army Staff Field Marshal Asim Munir on Monday to discuss Pakistan’s economic challenges and the path to recovery. According to Geo News, the delegation included APTMA Chairman Kamran Arshad, SM Tanvir, and the presidents of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Lahore Chamber of Commerce and Industry (LCCI). During the meeting, Gohar Ejaz highlighted the gradual return of economic stability and reaffirmed the business community’s strong…

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Pakistan Post to Take Over Electricity Bill Distribution Nationwide

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Pak-Post.

ISLAMABAD: In a major service reform, Pakistan Post is set to take on the task of printing and delivering electricity bills across the country, following an agreement in principle with all electricity distribution companies (DISCOs). According to a senior official, Postmaster Generals have been instructed to coordinate with respective DISCOs and formulate a distribution plan for the pilot phase by July 25. The initiative, approved during a meeting on July 17, will initially be launched as a pilot project, with full-scale implementation planned over the next six months, based on…

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Pakistan Targets 60% Renewable Energy by 2030, Says FM Dar at UN Forum

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Renewable-Energy

ISLAMABAD/NEW YORK: Deputy Prime Minister and Foreign Minister Ishaq Dar has reaffirmed Pakistan’s commitment to sustainable development, announcing a target of 60% renewable energy by 2030 during his address at the UN High-Level Political Forum (HLPF) in New York. Speaking at the General Debate of the Ministerial Segment, Dar emphasized that Pakistan’s development strategies, including the Uraan Pakistan initiative, are aligned with the Sustainable Development Goals (SDGs). He cited climate challenges, pandemic impacts, and global economic crises as factors that have reversed development gains, but reiterated Pakistan’s resolve to stay…

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