Author: Admin

Govt Orders Emergency Rs. 80 Discount on Petrol in Biggest Rate Reversal in History

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Prime Minister Shehbaz Sharif announced that petrol prices will fall from Rs. 458.41 per litre to Rs. 378 per litre starting midnight Saturday, partially reversing Thursday’s massive increase that had pushed fuel prices to record levels across Pakistan. The government had earlier raised petrol by Rs. 137.24 per litre and diesel by Rs. 184.49 per litre, taking diesel prices to Rs. 520.35 per litre and petrol to Rs. 458 per litre. The initial increase was unavoidable after global energy markets were disrupted by escalating conflict involving the United States, Israel…

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Govt’s Surplus Power Package Powers Industry Boom: 2,164 GWh Consumed in Just 3 Months with total Rs.20 Billion benefit

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April 03, 2026 The government’s Surplus Power Package has triggered a considerable surge in electricity demand from industrial and agricultural sectors which have consumed a massive 2,164 GWh of additional electricity in just three months, from December 2025 to February 2026.Under the Prime Minister Muhammad Shahbaz Sharif special initiative to provide relief and support to the country’s industry and agriculture sector the surplus electricity package was introduced with lowest rate of Rs.22.98 per unit on incremental usage.This accounts for 23% of all units sold to these sectors during this period,…

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Heavy Rains Lash Karachi, Five Dead as Flooding and Power Outages Disrupt City Life

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KARACHI: At least five people lost their lives, including four due to electrocution, as heavy rainfall swept across Karachi on Thursday, inundating roads, disrupting traffic, and causing widespread power outages across the metropolis. According to the Met Office, significant rainfall was recorded in multiple areas, with Nazimabad receiving 69.6mm, followed by Keamari (56mm), Saadi Town (48mm), University Road (44.2mm), and Bahria Town (43.5mm). Other localities, including Orangi Town, Gulshan-i-Maymar, Surjani Town, and Jinnah Terminal, also experienced moderate to heavy downpours. The weather is expected to remain partly cloudy on Friday…

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Shehbaz Sharif Urges Unified National Response to Global Oil Crisis

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ISLAMABAD: Prime Minister Shehbaz Sharif has called for coordinated efforts between the federal and provincial governments to protect citizens from the impact of the global oil crisis triggered by the US-Israeli war on Iran. Addressing a high-level meeting attended by Chief of Defence Forces Asim Munir, provincial chief ministers, and federal ministers, the premier stressed the need to reset national priorities and utilise resources wisely to provide relief to vulnerable segments. “We must jointly decide our priorities and direct resources towards public welfare, transport, and agriculture,” the prime minister said,…

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NEPRA Imposes Rs85 Million Fine on Power Firms Over Costly Mismanagement

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ISLAMABAD: The National Electric Power Regulatory Authority has penalized two state-owned power sector entities with a combined fine of Rs85 million for lapses that led to over Rs35 billion in additional fuel costs for consumers within a single month, along with contributing to system inefficiencies and a nationwide power breakdown. Under the decision, the National Grid Company has been fined Rs75 million, while the Central Power Purchasing Agency faces a Rs10 million penalty. Both organizations have been directed to deposit the fines within 15 days. The penalties follow a three-year…

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