New IPP power deals could save Pakistan Rs1.4tr, says Mishal report

power

ISLAMABAD: Mishal Pakistan has released its Pakistan Reforms Report 2026, saying the country has made large-scale progress on governance reforms over the past year, and that the energy sector led the reform effort, accounting for 40% of the total. The report says more than 600 reforms were implemented across 135 institutions, describing this as a fivefold increase in the scale of reforms compared with the previous year. It also adds that new agreements with Independent Power Producers in the power sector could result in expected savings of Rs1.4 trillion. On…

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Water supply suspension halts SITE industries, threatens economy

site-association

Karachi: Industrial activity in the SITE area of Karachi has come to a complete halt since Friday evening due to the suspension of water supply, raising serious concerns about the impact on the national economy, SITE Association of Industry President Ahmed Azeem Alvi said on Saturday. In a statement, Mr Alvi warned that the shutdown of Karachi’s industries — the country’s largest revenue-generating sector — could cause severe and irreparable damage not only to Sindh but to Pakistan’s overall economy. “It is deeply alarming that industries considered the backbone of…

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Industry Gets Tariff Relief as Government Shifts Power Cost Burden to Households

Power-Tariff

ISLAMABAD: The federal government has proposed imposing a fixed monthly electricity charge ranging from Rs200 to Rs675 on more than 28.5 million residential consumers to generate around Rs125 billion, aimed at funding a Rs4.04 per unit relief package for industrial users. The revised Schedule of Tariff (SoT) was submitted to the National Electric Power Regulatory Authority (Nepra) on Friday and put on notice for a public hearing for immediate implementation within the current month. Officials said the hearing was a procedural requirement, as the government’s policy guidelines are binding on…

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Nepra Fines National Grid Company Rs10m for Non-Compliance on Power Planning Data

NEPRA-Office

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has imposed a Rs10 million penalty on the National Grid Company (NGC), formerly the National Transmission and Despatch Company (NTDC), for failing to provide critical data related to the Integrated System Plan (ISP) 2024–34 despite repeated regulatory directives. In a detailed order issued on Friday, Nepra stated that NGC did not fulfill its regulatory obligations and failed to adequately respond to a show-cause notice. The regulator noted that during public hearings on the Indicative Generation Capacity Expansion Plan (IGCEP) 2024, NGC was…

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