Author: Admin

Nepra Moves to Scale Back Solar Net-Metering Incentives, Public Hearing on Feb 6

Admin
nepra

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has scheduled a public hearing on February 6 to consider proposals aimed at curtailing incentives for solar net-metering consumers, known as prosumers, amid growing concerns over high electricity tariffs, grid instability and mounting financial stress on power utilities. The hearing follows extensive feedback from stakeholders, including government bodies, power distribution companies and the general public. Nepra has already issued draft Prosumer Regulations 2025, proposing significant changes to the existing 2015 net-metering framework. Under the proposed rules, prosumers would be restricted to installing…

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KAPCO and Fauji Cement to Jointly Acquire 84% Stake in Attock Cement

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fauji cement

ISLAMABAD: Kot Addu Power Company Limited (KAPCO) and Fauji Cement Company Limited (FCCL) have signed a Sale and Purchase Agreement (SPA) to jointly acquire an 84% stake in Attock Cement Pakistan Limited (ACPL), signaling a major change in the company’s ownership structure. KAPCO disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Friday, stating that the SPA was executed on January 30, 2026, with Pharaon Investment Group Limited Holding S.A.L as the seller. Under the agreement, Fauji Cement and KAPCO will each acquire 42.03% of ACPL’s…

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Pesco Declares Six Feeders Loadshedding-Free, Ensuring 24-Hour Power Supply

Admin
power-project

PESHAWAR: The Peshawar Electric Supply Company (Pesco) has announced six 11kV feeders as loadshedding-free, providing consumers in the designated areas with uninterrupted 24-hour electricity. The feeders include Hashtnagri, Saeedabad, Islamabad, Aladand, Express Kotigram, and City Khwaza Khela. Pesco Chief Akhtar Hamid Khan congratulated the residents of these areas, attributing the success to public cooperation, including timely bill payments and refraining from power theft. He added that a robust and sustained anti-theft operation on these feeders significantly reduced losses, enabling the elimination of loadshedding. The Pesco chief also acknowledged the support…

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Petrol Tax Hike Likely to Cushion Expected Diesel Price Increase

Admin
Petroleum-prices

ISLAMABAD: The government may once again raise taxes on petrol to soften the impact of a sharp increase in diesel prices expected later this week, as authorities seek to contain inflationary pressures. Informed sources said that although international crude prices have edged up slightly amid regional tensions, high-speed diesel (HSD) prices remain elevated for the remainder of the current fortnight. As a result, prices of HSD, kerosene and light diesel oil (LDO) are projected to rise in the upcoming price revision on January 31. Based on existing tax rates, ex-depot…

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PM Shehbaz Announces Rs4.4 per Unit Cut in Power Tariff for Industries

Admin
Power Consumers

Prime Minister Shehbaz Sharif on Friday announced a reduction of Rs4.4 per unit in electricity tariffs for the industrial sector, aiming to boost productivity, competitiveness and exports. Addressing leading exporters and business figures at a ceremony in Islamabad, the premier said the relief would ease cost pressures on industries, adding that if it were possible, he would have reduced tariffs by a further Rs10, but constraints limited the move. He also announced a cut in wheeling charges to below Rs9 per unit, enabling industries to sell surplus power to neighbouring…

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