Year: 2025

ISLAMABAD: The Korangi Association of Trade and Industry (KATI) has urged the National Electric Power Regulatory Authority (Nepra) to notify a clear cut-off date for net billing that would apply to net metering applications currently pending with power distribution companies (Discos). In a letter to the Nepra chairman, KATI said it understands that under the revised framework, existing net metering licence holders will continue to receive compensation for electricity exported to the grid at the national average power purchase price until their licences expire, while new licence holders will be…

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ISLAMABAD: The Economic Coordination Committee (ECC) has underscored the need to gradually move towards a uniform electricity tariff as a key efficiency measure to curb circular debt, which continues to undermine the sustainability of Pakistan’s power sector and affect foreign-funded energy projects. During a recent meeting, the Power Division briefed the ECC on the impact of circular debt on externally financed schemes, while the ECC chair stressed closer coordination between the Power and Petroleum Divisions and the Finance Division to develop a clear road map for debt reduction. Sources told…

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KARACHI: Pakistan’s distributed solar sector holds an estimated Rs800 billion ($2.8 billion) in untapped lending potential across just three major cities, yet structural financing constraints continue to exclude millions of households and small businesses, according to a new study released by Renewables First. Despite the rapid expansion of solar adoption nationwide, the study finds that benefits have largely flowed to affluent households and large enterprises capable of self-financing installations. In contrast, Pakistan’s banking sector, which holds deposits of around $131 billion, channels only $50 billion into lending, with nearly 63%…

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LAHORE: Pakistan can significantly expand its exports to the United States by strategically leveraging the US tariff structure, potentially raising export volumes from the current $6 billion to $10 billion, said Lahore Chamber of Commerce and Industry (LCCI) President Faheemur Rehman Saigol. Speaking during a meeting with a delegation of the Pakistan American Chicagoland Chamber of Commerce, Saigol noted that while the US remains Pakistan’s largest export destination, the country has largely relied on traditional exports, particularly garments. He stressed the need to diversify beyond the five conventional sectors and…

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The planning meeting for the Annual Technical Conference (ATC) & Exhibition 2026, organized by the Society of Petroleum Engineers – Pakistan Section (SPE-Pakistan), was held in Islamabad. The meeting brought together leaders from the E&P industry for a briefing on the various events planned for the conference and to encourage their participation. The response from the industry was overwhelmingly positive, with representatives from both national and international organizations operating in Pakistan expressing their continued support for the event. The Annual Technical Conference & Exhibition is a flagship event of Pakistan’s…

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