Pakistan Minerals Investment Forum 2025 to Kick Off Tomorrow in Islamabad

Minerals-Division

ISLAMABAD: The Pakistan Minerals Investment Forum 2025 is set to open on Tuesday, April 8, at the Jinnah Convention Centre, Islamabad, marking a major step toward positioning Pakistan as a global hub for metals and minerals exploration. The two-day event aims to forge strategic partnerships between government entities, global investors, and industry leaders to unlock the country’s vast mineral potential. Organized by the Oil and Gas Development Company Ltd (OGDCL) and the Special Investment Facilitation Council (SIFC), the forum will spotlight Pakistan’s ongoing transformation in the mineral sector. It will…

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Nepra Flags Rs1.5/unit Burden on Consumers Due to System Inefficiencies

NEPRA-KE

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has raised serious concerns over a financial burden exceeding Rs1.5 per unit on electricity consumers, stemming from inefficient operations of key generation and transmission projects during the first eight months of the current fiscal year (July–February). In a special report to the federal government, Nepra’s Technical Member from Sindh, Rafique A. Shaikh, highlighted persistent underutilisation of major assets including the 4,000MW Lahore-Matiari Transmission Line, the 969MW Neelum-Jhelum Hydropower Plant, and the 747MW Guddu Power Plant. He emphasized that these inefficiencies are significantly…

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Liberty-Led Consortium Withdraws Bid for 63.89% Stake in Engro Powergen Qadirpur

Engro-Powergen1

KARACHI: A consortium led by Liberty Power Holding has officially withdrawn its intention to acquire a 63.89% stake in Engro Powergen Qadirpur Limited, citing commercial considerations. In a notice filed with the Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX) on Thursday, Arif Habib Limited confirmed the termination in accordance with Regulation 21 of the Listed Companies Takeover Regulations, 2017. A formal public withdrawal notice will be issued on April 4. The consortium, which included Arif Habib Corporation, Pakistan Engineering Company, Security Investment Bank, and…

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Rs5 per Unit Power Tariff Relief Expected Soon, Confirms NEPRA Chief

NEPRA

ISLAMABAD: Consumers are set to receive immediate power tariff relief of Rs5.03 per unit within the coming days, confirmed National Electric Power Regulatory Authority (NEPRA) Chairman Waseem Mukhtar during a public hearing on Friday. The hearing, held to deliberate on the government’s proposal to reduce tariff by Rs1.71 per unit through an additional petroleum levy of Rs58.6 billion for three months, highlighted NEPRA’s efforts to implement Prime Minister Shehbaz Sharif’s announced relief of Rs7.69 per unit for industrial and Rs7.41 for domestic (non-lifeline) consumers. Mukhtar explained that the Rs5.03 per…

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Oil Consumers to Shoulder Rs58bn Burden to Fund Power Tariff Relief

Power Division

ISLAMABAD: Electricity consumers across Pakistan, including those in Karachi, will benefit from reduced power tariffs of up to 17%, funded primarily through an increased petroleum development levy (PDL) of Rs58 billion, placing the burden on oil consumers. At a public hearing on Friday, the National Electric Power Regulatory Authority (Nepra) reviewed a government proposal to reduce power tariffs by Rs1.71 per unit for three months (April to June). This reduction, part of the prime minister’s broader relief package, increases the total subsidy allocation to Rs266 billion, potentially rising to Rs324…

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