Author: Admin

Govt Accused of Misleading Public on Petrol Prices

Admin
Petrol-price

Islamabad: In a surprising turn, it has emerged that the ex-refinery price of petrol decreased by Rs 13.58 per liter within a week, yet the government had earlier raised the retail petrol price by Rs 137.24 per liter. Following a directive from the Prime Minister, Rs 80 per liter was later rolled back, bringing the new petrol price to Rs 378.41 per liter. According to official documents, the ex-refinery price of petrol fell from Rs 284.85 per liter on March 28 to Rs 271.27 per liter by April 3. Including…

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Petroleum Dealers’ Commission Issue to Be Resolved After Stability Returns: Minister

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Ali-Pervaiz

KARACHI: Federal Minister for Petroleum and Natural Resources Ali Pervaiz Malik has assured that the long-pending issue of petroleum dealers’ commission will be addressed on a priority basis once the prevailing war-like situation stabilises. The assurance came during a meeting in Islamabad with a delegation of the Pakistan Petroleum Dealers Association, led by Chairman Abdul Sami Khan, along with senior members of the association. The minister acknowledged the challenges faced by petroleum dealers amid ongoing regional tensions, stating that the government is actively working with stakeholders to manage the crisis…

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Electricity Consumption Rises 3.5% as Surplus Power Package Boosts Industrial Demand

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Power Division

ISLAMABAD: Pakistan’s electricity consumption increased by 3.5% during December 2025 to February 2026, driven largely by higher industrial usage under the government’s surplus power initiative, according to the Power Division. Officials stated that the Surplus Power Package has significantly boosted demand from industrial and agricultural sectors, which together consumed an additional 2,164 gigawatt hours (GWh) of electricity over the three-month period. This accounts for 23% of total electricity supplied to these sectors, reflecting strong uptake of the initiative. Launched in December 2025 under a special initiative of Prime Minister Shehbaz…

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Petroleum Levy Cut on Petrol May Force Revision of Revenue Target

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petrol-price

ISLAMABAD: The government’s decision to significantly reduce the petroleum levy (PL) on petrol is likely to impact its revenue projections, potentially leading to a revision of the budgeted target for the current fiscal year, sources said. Prime Minister Shehbaz Sharif on Friday announced a reduction of Rs80 per litre in the PL on petrol, bringing it down from Rs160.61 to Rs80.61 per litre, effective April 4, 2026. As a result, petrol prices declined sharply to Rs378.41 per litre from Rs458.41, while the price of High-Speed Diesel (HSD) remained unchanged at…

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Nepra Fines CPPA-G for Violations, Says Consumers ‘Overburdened’ by Costly Power Decisions

Admin
New-NEPRA

ISLAMABAD: The National Electric Power Regulatory Authority has imposed a penalty on Central Power Purchasing Agency Guarantee Limited for financially overburdening consumers through violations of the Economic Merit Order (EMO) and curtailment of cheaper wind-generated electricity. The regulator took action after CPPA-G claimed a Fuel Charges Adjustment (FCA) of Rs7.13 per kWh for January 2024, against an actual pooled fuel cost of Rs14.60 per kWh — nearly double the reference fuel cost of Rs7.49 per kWh determined earlier for FY2024-25. The sharp deviation triggered concerns and led to a public…

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