Author: Admin

PESHAWAR: Peshawar Electric Supply Company (PESCO) has launched a new digital initiative by introducing QR codes on all electricity bills, allowing consumers to make payments quickly and conveniently through mobile devices. Chief Executive Officer Akhtar Hamid Khan described the move as a major step toward digitalisation, aimed at improving customer facilitation and eliminating the need to visit banks. “With QR codes now printed on every bill, consumers can simply scan the code and pay from the comfort of their homes at any time,” he said, adding that the system will…

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ISLAMABAD: Federal Minister for the Board of Investment, Qaiser Ahmed Sheikh, has said that Pakistan is entering a decisive phase of the China-Pakistan Economic Corridor (CPEC), with a renewed focus on industrialisation, export-led growth, and stronger business-to-business (B2B) collaboration with China. Speaking at the ‘Pakistan-China Industrialisation Dialogue’ in Islamabad, the minister highlighted the strategic importance of Special Economic Zones (SEZs), including Rashakai in Khyber Pakhtunkhwa, Allama Iqbal Industrial City in Punjab, Dhabeji in Sindh, and Bostan in Balochistan. He noted that while China has remained Pakistan’s largest trading partner for…

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ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) will hold a public hearing on May 12, 2026, to consider a tariff adjustment request exceeding Rs58 billion filed by K-Electric (KE) under its seven-year Multi-Year Tariff (MYT) for FY2017–2023, following a delay of nearly three years. According to the regulator’s notice, KE has sought an End of Term Adjustment (EoTA) of Rs43.6 billion. The claim includes Rs23.4 billion on account of working capital costs, Rs11.05 billion due to exchange rate impact on return on equity, and Rs10.4 billion linked to revised working…

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KARACHI: Pakistan LNG Limited (PLL), the country’s state-owned LNG procurement arm, has issued a fresh tender to secure two liquefied natural gas (LNG) cargoes for delivery later this month, as it works to ensure uninterrupted gas supply. According to an official notice released on Wednesday, PLL has invited bids from international suppliers for cargoes to be delivered at Port Qasim on a Delivered Ex-Ship (DES) basis. The delivery windows are scheduled for May 12–14 and May 24–26, 2026, with each cargo carrying a volume of approximately 140,000 cubic metres. Operating…

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ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved a nominal negative fuel charges adjustment (FCA) of Rs0.0102 per unit for March 2026, offering slight relief to electricity consumers nationwide, including those served by K-Electric. The decision follows a public hearing held on April 28, where Central Power Purchasing Agency-Guaranteed (CPPA-G) had initially requested a positive adjustment of Rs0.2660 per unit. After detailed scrutiny, however, the Authority revised the figure downward, approving a marginal negative adjustment instead. Separate FCAs were calculated for each of the WAPDA distribution companies (DISCOs), factoring…

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