Year: 2025

NEPRA Serves Show-Cause Notice to K-Electric Over Unfair Load-Shedding Practices

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Nepra-Price

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued a show-cause notice to K-Electric (KE) for failing to comply with its directives on forced load-shedding, accusing the utility of violating the NEPRA Act and the Performance Standards (Distribution) Rules, 2005. NEPRA stated that KE has been carrying out load-shedding based on Aggregate Technical and Commercial (AT\&C) losses, resulting in entire feeders being shut down—even where some consumers are fully compliant and pay their bills on time. “This practice is unjust to law-abiding consumers,” the authority noted. According to regulations,…

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Oil falls 6pc

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opec

HOUSTON: Oil prices tumbled $5 a barrel, or over 6%, on Monday after Iran attacked a US military base in Qatar in retaliation for US attacks on its nuclear facilities at the weekend, and took no action to disrupt oil and gas tanker traffic through the Strait of Hormuz. Brent crude futures were down $4.90, or 6.3%, at $72.19 a barrel by 2:13 p.m. ET (1813 GMT). US West Texas Intermediate crude (WTI) eased $4.60, or 6.2%, to $69.23. Global benchmark Brent had kicked off the week with nearly 6%…

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CM pays tribute to national unity, praises chairman Bilawal’s diplomatic role during India conflict

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• Announces Rs42,000 as minimum wage• Condemns aggression gaianst Palestine, IranKARACHI (June 19): Sindh Chief Minister Syed Murad Ali Shah, concluding debate on the budget 2025-26, delivered a comprehensive address in the Sindh Assembly, lauding Pakistan’s unified national response during the recent conflict with India and highlighting the crucial diplomatic and political role played by PPP Chairman Bilawal Bhutto Zardari.He began by congratulating the service chiefs, armed forces, President, Prime Minister, provincial governments, media, and political workers for their collective and coordinated effort. “Our national unity led us to success,”…

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Oil prices fall 5% as Israel-Iran ceasefire reduces Middle East supply risk

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oil

NEW YORK: Oil prices fell about 5% to a two-week low on Tuesday on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the Middle East. That ceasefire, however, was on shaky ground with U.S. President Donald Trump accusing both Israel and Iran of violating it just hours after it was announced. Brent crude futures fell $3.29, or 4.6%, to $68.19 a barrel at 10:43 EDT (1443 GMT), while U.S. West Texas Intermediate (WTI) crude fell $3.20, or 4.7%, to $65.31. That put…

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‘Dasu Hydropower Project to start generation in 2027’

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Hydropower

Chairman WAPDA Reviews Construction Progress on Key Sites June 24, 2025: Chairman WAPDA Naveed Asghar Chaudhry visited Dasu Hydropower Project today to review construction work on key sites, including the main dam, powerhouse, transformer cavern and the relocated section of the Karakoram Highway (KKH-1). The GM/PD Dasu Hydropower Project and representatives of the Consultants and the Contractors were also present on the occasion. The Chairman also presided over a progress review meeting at the project office. The project management team briefed him about the targets and the achievements on the…

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