Day: September 26, 2026

Petrol price rises by Rs2.02, diesel falls by Rs3.59 per litre

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petrol

The government on Friday increased the price of petrol by Rs2.02 and slashed the rate of high-speed diesel by Rs3.59 per litre. Following the revision, petrol will now cost Rs391.30, while high-speed diesel (HSD) will be sold at Rs408.53 per litre. According to a notification issued by the Petroleum Division, the revised fuel prices will be applicable till September 28. Under the revised framework, approved by the federal cabinet, Ogra will publish updated fuel prices on its website daily to improve transparency and allow consumers to benefit more quickly from…

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Government weighs new gas tariff slabs to expand protected consumer category

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The government is likely to introduce additional gas tariff slabs to provide cheaper gas to more consumers by expanding the protected consumer category, as it moves to address persistent circular debt in the gas sector, The Express Tribune reported.  The Cabinet Committee on Energy (CCOE), chaired by Prime Minister Shehbaz Sharif, has directed the Ministry of Energy’s Petroleum Division to examine a more rational categorisation of protected gas consumers. The proposal was discussed as the committee reviewed the accumulation of circular debt in the oil and gas sectors. The Petroleum…

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Governor calls for policy to boost local solar manufacturing

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LAHORE: Punjab Governor Sardar Saleem Haider Khan has called for a policy framework to promote domestic manufacturing of solar systems, saying Pakistan could create millions of jobs, generate clean and affordable energy and earn valuable foreign exchange by developing a local solar industry. “It is unfortunate that solar system manufacturing is not being done due to lack of a government policy,” the governor said while addressing the third International Solar Power Conclave & Solar Technology Excellence Awards 2026, organised by Energy Update in collaboration with the Pakistan Solar Association (PSA),…

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Pakistan September inflation seen easing but energy pressures persist

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Pakistan’s consumer price inflation is expected to ease to around 10% in September from 11.15% a month earlier, brokerage houses said, but rising fuel and electricity costs are expected to keep price pressures elevated and complicate the central bank’s policy outlook. September inflation is projected at between 9.9% and 10.5% year-on-year, according to estimates from Topline Securities, Ismail Iqbal Securities, Abbasi and Company and Growth Securities, compared with 11.15% in August and 5.61% in September last year. The country’s headline inflation clocked in at 11.1% on a year-on-year (YoY) basis…

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