Author: Admin

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has raised alarm over a severe liquidity crunch caused by Rs76.523 billion in outstanding receivables from the power sector, official sources told Business Recorder. The bulk of these dues — Rs50.431 billion — is owed by Wapda’s power plants, including Rs29.958 billion from Guddu Power, Rs16.615 billion from Nandipur, and smaller amounts from TPS Muzaffargarh, GTPS Faisalabad, GTPS Shahdra, SPS Faisalabad, NGPS Multan, and rented power units Bhikki and Sharqpur. Of this, Rs18.119 billion is disputed gas charges, Rs542 million is other gas…

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ISLAMABAD: Pakistan’s electricity consumption rebounded sharply in the final quarter of FY25, surging between 35% and 58% after two years of contraction, largely driven by industries switching back from captive generation to the national grid. The Power Division on Friday attributed the recovery to improved macroeconomic indicators, recent power sector reforms, and the return of captive power users. Officials expressed optimism that the trend will help curb rising electricity tariffs by expanding the consumer base and spreading fixed capacity charges more efficiently. Industrial demand jumped 58.8% in April, 47.4% in…

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Sindh Energy, Planning, and Development Minister Syed Nasir Hussain Shah praised the Thar Block-II project for its role in ensuring the country’s energy security and fostering inclusive development. He announced that coal gasification at Thar will soon commence, paving the way for the establishment of fertilizer plants. August 8, 2025 : during his visit to Thar Block-II, Minister Nasir Hussain Shah lauded the Sindh Engro Coal Mining Company (SECMC) for its mining operations and inclusive growth efforts through the Thar Foundation. SECMC, a pioneer in Pakistan’s mining sector, is widely…

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Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, held a meeting with H.E Mr. Maciej Pisarski, Ambassador of Poland to Pakistan, today at the Ministry of Petroleum. The discussions focused on enhancing bilateral cooperation in the energy sector, particularly in oil and gas exploration and minerals. The meeting emphasized strengthening collaboration between Pakistan and Poland in energy exploration, technology transfer, and investment opportunities. Minister Malik highlighted Pakistan’s commitment to fostering international partnerships to meet its growing energy demands and highlighted the recent international interest in oil,gas and minerals reserves. Ambassador…

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