Author: Admin

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has notified an additional financial burden of approximately Rs10.57 billion on electricity consumers by approving a Rs1.42 per unit increase under the fuel cost adjustment (FCA) mechanism for February 2026, to be reflected in April bills. However, the overall impact offers slight relief, as the new FCA replaces a higher Rs1.63 per unit charge applied in March, resulting in a net decrease of 21 paisa per unit for consumers. According to Nepra, the FCA of Rs1.4235 per unit will apply to all categories…

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday cautioned that the global energy crisis could continue for months even after a ceasefire, citing extensive damage to energy infrastructure in the Gulf region. Addressing parliament, the minister said that while diplomatic efforts may lead to a cessation of hostilities, recovery in the global energy sector would take time. “Even if a ceasefire is achieved, normalisation may take weeks or months as critical energy infrastructure has been targeted,” he stated. Aurangzeb said the government is closely monitoring key indicators, including rising petroleum rates,…

ISLAMABAD: K-Electric (KE) has approached the National Electric Power Regulatory Authority (Nepra) seeking adjustments exceeding Rs58 billion under its seven-year Multi-Year Tariff (MYT) for the period FY2017–2023. According to a notice issued by Nepra, a public hearing is scheduled for April 22, 2026, to review the utility’s claims and gather input from the Power Division and consumer representatives. KE has requested an End of Term Adjustment (EoTA) amounting to Rs43.6 billion. The major components include Rs23.4 billion for working capital costs, Rs11.05 billion due to exchange rate impact on return…

ISLAMABAD: Oil Marketing Companies (OMCs) are facing severe financial pressure as approximately Rs107 billion in Price Differential Claims (PDCs) remain unsettled, with industry sources pointing to continued delays by the Oil and Gas Regulatory Authority (OGRA) despite directives from the Ministry of Energy to expedite payments. Sources said an initial claim of around Rs27 billion submitted in mid-March has only been partially cleared, while subsequent claims worth Rs70–80 billion are still pending, pushing total outstanding dues close to Rs107 billion. At the heart of the issue is a lack of…