K-Electric CEO Moonis Alvi Sounds Alarm Over Power Sector Crisis

Moonis-Alvi

Karachi, October 2025: K-Electric (KE) CEO Moonis Alvi has issued a stark warning over what he describes as an unfolding crisis in Pakistan’s power sector, following NEPRA’s recent decision to drastically revise the utility’s determined tariff. In a detailed statement, Alvi said that after 2.5 years of exhaustive engagement with NEPRA — involving evidence, third-party validations, and multiple rounds of scrutiny — KE’s Multi-Year Tariff (MYT) was finalized and accepted in good faith, despite several downward revisions. The approved tariff allowed KE to post a modest profit of Rs. 4…

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IRENA and Sierra Leone Host 2nd APRA Investment Forum to Accelerate Renewable Energy Finance in Africa

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Abu Dhabi/Freetown, 22 October 2025: The International Renewable Energy Agency (IRENA) and the Government of Sierra Leone have officially launched the Second Accelerated Partnership for Renewables in Africa (APRA) Investment Forum, aimed at scaling up investments to drive the continent’s clean energy transition and green industrialisation. Held from 22–23 October 2025 at the Freetown International Conference Centre, the forum gathers ministers, senior officials from APRA partner countries, investors, developers, and financial institutions for high-level policy dialogues, technical sessions, and matchmaking opportunities. A dedicated project exhibition provides regional developers with a…

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FutureCoal and ASEAN Centre for Energy Renew MoU to Advance Sustainable Coal Transformation

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KUALA LUMPUR, October 21, 2025: FutureCoal – the Global Alliance for Sustainable Coal – and the ASEAN Centre for Energy (ACE) have renewed their Memorandum of Understanding (MoU) on October 17, 2025, reaffirming their shared commitment to advancing sustainable and responsible coal development across the ASEAN region. Since the signing of their initial MoU in 2017, the partnership has produced two landmark studies. The first, “Clean Coal Technologies in the ASEAN,” demonstrated how upgrading existing coal plants with high-efficiency, low-emissions (HELE) technology can significantly reduce emissions, enhance reliability, and increase…

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PM Set to Announce Power Tariff Relief Package for Industry, Agriculture This Week

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ISLAMABAD: Prime Minister Shehbaz Sharif is expected to unveil a major electricity tariff relief package this week for industrial and agricultural consumers, aimed at stimulating economic growth and improving energy sector efficiency. Under the proposed plan, electricity rates for incremental consumption will be reduced to Rs22–23.50 per unit for a fixed three-year period — from November 1, 2025, to October 31, 2028. Currently, industrial users pay Rs34 per unit, while agricultural consumers are charged Rs38 per unit. The Power Division, acting on the prime minister’s directives, designed the package to…

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Electricity Consumers Likely to Get Rs0.37 Per Unit Relief in November Bills

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ISLAMABAD: Power consumers across Pakistan may receive a Rs0.368 per unit relief in their November electricity bills, following a petition filed by the Central Power Purchasing Agency-Guarantee (CPPA-G) seeking a fuel cost adjustment (FCA) refund for September 2025. The National Electric Power Regulatory Authority (Nepra) has scheduled a public hearing on October 29 to review and decide the request. If approved, the reduction will be applicable to all power distribution companies, including K-Electric, in line with federal guidelines ensuring a uniform tariff adjustment nationwide. According to CPPA-G’s petition, the reference…

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