In a move aimed at facilitating businesses, K-Electric (KE) has agreed to share its Fuel Cost Adjustments (FCAs) projections with the regulator. This decision is expected to bring more transparency and predictability to the power sector, ultimately benefiting consumers and businesses alike. Key Points: Impact on Businesses: Next Steps:
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NEPRA Rejects Revised Terms, Hires Firm for Halmore’s Forensic Audit
The National Electric Power Regulatory Authority (NEPRA) has rejected the revised terms for a forensic audit of Halmore Power Generation Company. Instead, NEPRA has hired a different firm to conduct the audit. Key Points: Possible Implications: Next Steps:
Read MoreNEPRA to Approve 60% Hike in FCC for Bagasse-Fired IPPs
The National Electric Power Regulatory Authority (NEPRA) is set to approve a 60% hike in the Fuel Cost Component (FCC) for bagasse-fired independent power producers (IPPs). This decision is expected to have significant implications for the power sector and consumers. Key Points: Possible Implications: Next Steps:
Read MorePakistan Charts a Sustainable Future at LEADERS IN ISLAMABAD BUSINESS SUMMIT 8th Edition
Islamabad, April 16 2025 – Day 1 of the 8th Edition of Pakistan’s biggest corporate event, LEADERS IN ISLAMABAD BUSINESS SUMMIT (LIIBS), commenced at a local hotel. Under the theme Navigating the Unknown, the Summit convened a bespoke gathering of leaders from both the public and the private sector, who confronted the critical challenges of rapidly evolving ecosystems and forged pathways toward powerful solutions.Muhammad Azfar Ahsan, Founder & Chairman, Nutshell Group & Pakistan’s former Minister for Investment, opened the day with a compelling welcome address highlighting the dual challenge of…
Read MoreKuwait extended oil credit facility for two years, Ali Pervaiz Malik
Federal Minister for Petroleum Ali Pervaiz Malik was called on by H.E Nassar Abdulrahman J Almutairi, the Ambassador of the State of Kuwait to Pakistan at the Ministry of Petroleum in Islamabad. Ali Pervaiz Malik expressed gratitude for support of brotherly countries like Kuwait which has been pivotal for the structural reforms that Prime Minister Shehbaz Sharif has been successful to pull off. The Kuwaiti Ambassador commended Pakistan’s significant economic progress under the leadership of Prime Minister Shehbaz Sharif, particularly in stabilizing the economy and improving the investment climate. He…
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