Author: Admin

Shehbaz Orders Rs 7/unit Electricity Tariff Cut to Boost Economy

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power-unit

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Power Division to reduce electricity tariffs by Rs 7 per unit across all consumer categories, including the industrial sector, following consultations with the International Monetary Fund (IMF). An IMF delegation is expected to visit Islamabad next month to finalize discussions. The directive emerged as the Prime Minister expanded the “Tariff Reduction Committee,” now led by Deputy Prime Minister/Foreign Minister Senator Ishaq Dar. The revamped committee includes key figures such as Lt General Muhammad Zafar Iqbal, National Coordinator of the Task Force on…

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World Bank Team Arrives to Advance Power System Stability Plan

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world-bank

ISLAMABAD: A World Bank Support Mission is visiting Pakistan from January 27–28, 2025, to finalize a work plan and outline next steps for the preparation of the Reactive Compensation Devices (STATCOMs) project. This initiative is vital for ensuring system stability and the reliability of north-south bidirectional power flows in the short to medium term, according to sources in the National Transmission and Dispatch Company (NTDC). The mission aims to continue discussions on potential programmatic support for Pakistan’s power transmission infrastructure. The Power Division previously identified four high-priority transmission projects under…

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International Day of Clean Energy

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Energy

Sindh govt implementing several plans to ensure maximum utilisation of clean energy sources to protect environment: Nasir Hussain Shah KarachiThe Sindh government, on the occasion of the UN-declared International Day of Clean Energy, has reaffirmed its utmost resolve to minimise the consumption of fossil fuels for electricity production by increasing reliance on renewable power sources abundantly available in the province.In his message to mark the commemoration of the International Day of Clean Energy on Sunday, the Sindh Energy and Planning & Development Minister Syed Nasir Hussain Shah said the provincial…

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Islamabad, January 26, 2025

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OGRA

The Federal Government, in response to OGRA’s determinations of SNGPL and SSGCL’s Review of Estimated Revenue Requirement for FY 2024-25, has issued advice on gas sale prices. Effective February 1, 2025, the gas sale price for General Industry (Captive) has been revised from Rs. 3,000/MMBTU to Rs. 3,500/MMBTU. The gas sale prices for all other consumer categories, including Domestic, Special Roti Tandoor, General Industry (Process), Commercial, CNG, Cement, Fertilizer, and Power, remain unchanged. This revision has been officially notified in the Official Gazette and is available on OGRA’s website

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ECC approves gas tariff hike for captive power plants as domestic consumers spared

Admin

The Economic Coordination Committee (ECC) approved an increase in gas tariffs for captive power plants while keeping rates for domestic consumers unchanged.  The decision was taken during a meeting on Saturday, chaired by Federal Minister for Finance Mohammad Aurangzeb. The gas tariff for captive power plants has been raised from Rs. 3,000 to Rs. 3,500 per MMBTU, effective for the fiscal year 2024-25.  This measure aims to generate the required revenue for the gas sector, according to an official statement from the Ministry of Finance. The ECC rejected a proposal…

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