Author: Admin

KARACHI: The Sindh cabinet, chaired by Chief Minister Syed Murad Ali Shah, on Tuesday approved a broad package of development initiatives covering water supply, drainage, urban infrastructure, energy, health, education and security sectors, including Rs8.825 billion in additional funding for water and drainage schemes across the province. The meeting at the CM House, attended by provincial ministers, advisers, special assistants, the chief secretary and senior officials, approved the allocation on the recommendations of the Cabinet Committee on Finance, presented by Local Government Minister Syed Nasir Shah. Of the total, Rs6.206…

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ISLAMABAD: The federal government has formally urged the National Electric Power Regulatory Authority (Nepra) to implement uniform grid charges across all power distribution companies, including K-Electric, as part of preparations for the launch of Pakistan’s competitive electricity market. In an instant motion submitted to Nepra, the government called for the consistent application of determined use-of-system (grid) charges on all bulk power consumers and open-access users across Discos, arguing that standardised tariffs are essential for the rollout of the Competitive Trading Bilateral Contract Market (CTBCM), scheduled for June 2026. The regulator…

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ISLAMABAD: The government has initiated talks with LNG terminal operators to defer or stagger capacity payments for idle infrastructure, following a force majeure event in Qatar that led to zero LNG imports in April, officials informed the power regulator on Tuesday. Authorities told the National Electric Power Regulatory Authority (Nepra) during a public hearing on the Central Power Purchasing Agency’s (CPPA) fuel cost adjustment petition that any relief secured from terminal operators would be passed on to consumers through reduced electricity tariffs. The CPPA has sought an increase of Rs1.73…

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KARACHI: Pakistan’s oil marketing companies (Oil Marketing Companies) recorded a sharp decline in petroleum product sales during May 2026, as historically high fuel prices continued to weigh on demand, according to a report by Topline Research. Total industry sales fell 23 percent year-on-year and 14 percent month-on-month, reaching 1.17 million tonnes in May 2026 compared to the same period last year. Despite the monthly decline, cumulative sales during the first eleven months of FY2026 showed a marginal increase of 1 percent year-on-year, rising to 14.9 million tonnes from 14.8 million…

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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has taken serious notice of prolonged and unscheduled power outages in Karachi and sought a detailed explanation from K-Electric over alleged violations of agreed load-shedding commitments. The issue surfaced during a public hearing on the Fuel Charges Adjustment (FCA) for April 2026, where the Central Power Purchasing Agency-Guaranteed (CPPA-G) had requested a positive adjustment of Rs1.73 per kWh, amounting to Rs16.03 billion, citing lower hydel generation, reduced RLNG availability due to regional conflict, and constraints in coal and nuclear output. During the…

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