Author: Admin

Petrol Price Rises by Rs3.81, HSD by Rs3.59 per Litre

Admin
New-Project40

Petrol Price Rises by Rs3.81, HSD by Rs3.59 per Litre ISLAMABAD: The federal government has increased the prices of petrol and high-speed diesel (HSD) by Rs3.81 and Rs3.59 per litre, respectively, following fluctuations in international oil prices. Under the latest revision, petrol will now cost Rs341.59 per litre, while the price of high-speed diesel has been raised to Rs368.29 per litre. According to a notification issued by the Petroleum Division, the revised prices will remain effective from August 22 to August 24. The government continues to charge Rs114 per litre…

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11 Investors Express Interest in Gepco Privatisation

Admin
Power-bill

11 Investors Express Interest in Gepco Privatisation ISLAMABAD: The Privatisation Commission (PC) has received Expressions of Interest (EOIs) from 11 domestic and international investor groups seeking to acquire a 51% to 100% stake in Gujranwala Electric Power Company (Gepco) along with management control. The EOIs were submitted by the deadline on Friday, reflecting strong investor interest in Pakistan’s electricity distribution sector. According to the PC, the prospective investors include companies from Turkiye and Saudi Arabia, as well as several leading Pakistani business groups. Of the 11 interested parties, four are…

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Pakistan Energy Conference 2026 Concludes in Islamabad with Call for Policy Reform and Energy Sector Modernization

Admin
New-Project39

Pakistan Energy Conference 2026 Concludes in Islamabad with Call for Policy Reform and Energy Sector Modernization The Pakistan Energy Conference (PEC) 2026, the flagship forum of Pakistan’s oil and gas industry organized by the Petroleum Institute of Pakistan (PIP), successfully concluded on August 20 at Serena Hotel, Islamabad. Held under the theme “Shaping Energy Security through Policy Reform & Technological Innovation,” the conference brought together senior government officials, industry leaders, regulators, energy experts, and technology professionals to discuss the key challenges and opportunities shaping Pakistan’s energy sector. The discussions focused…

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*Strong Investor Interest received for GEPCO Privatisation*

Admin
Power-Tariff

*Strong Investor Interest received for GEPCO Privatisation* DISCOs privatisation has achieved another milestone with strong investor interest in GEPCO The Privatisation Commission (PC) has received an overwhelming response from domestic and international investors for the privatisation of Gujranwala Electric Power Company (GEPCO). Today on the closing date for submission of Expressions of Interest (EOIs), the Commission has received EOIs from eleven (11) prospective investors seeking to acquire 51% to 100% shareholding in GEPCO together with management control. The names of interested parties are as follows: 1. Aktor Elektrik Enerji Yatırımları…

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Federal Government’s Fuel Bill Surges 190% in Five Years

Admin
New-Project38

Federal Government’s Fuel Bill Surges 190% in Five Years The federal government’s expenditure on fuel surged by around 190 percent over the past five years, increasing from Rs. 7.52 billion in FY2020-21 to Rs. 21.77 billion in FY2024-25. According to a document presented before Parliament, fuel expenditure by federal ministries, departments and attached institutions rose steadily during the period, with the government attributing the increase primarily to higher fuel prices. Fuel spending stood at Rs. 7.52 billion in FY2020-21, rising to Rs. 8.35 billion in FY2021-22. It then nearly doubled…

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