ISLAMABAD: The government has shelved a proposal to unilaterally revoke the implementation agreement with Asia Petroleum Limited (APL), citing concerns over potential damage to foreign investor confidence, and has instead decided to pursue an alternative use of the strategic pipeline to facilitate a third entry point for white oil imports into the country. The Economic Coordination Committee (ECC) has approved the new approach and constituted a high-level committee to finalise the terms and conditions for the alternative use of the pipeline by January 31, 2026, viewing the move as a…
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KE Cleared from Al Jomaih Power Suit, Board Elections Still on Hold
ISLAMABAD: K-Electric (KE) Limited has announced that it is no longer a party to a major legal case after Al Jomaih Power Limited and other plaintiffs withdrew their claims, leading to the dismissal of all related proceedings by a Karachi court. Despite this development, KE remains unable to hold board elections due to continuing judicial restraints and a standing regulatory directive from the Securities and Exchange Commission of Pakistan (SECP). In a material information disclosure submitted to the Pakistan Stock Exchange (PSX) and the SECP on January 26, 2026, KE…
Read MoreCircular Debt Climbs Again Despite Heavy Borrowing, Capital Injection
ISLAMABAD: Despite substantial capital injections and over Rs1.225 trillion in commercial borrowing during the last fiscal year, Pakistan’s power sector circular debt rose by Rs75 billion in the first half (July–December) of the current fiscal year, reaching Rs1.689 trillion — a 4.65 per cent increase in six months. At the close of FY25 on June 30, 2025, circular debt stood at Rs1.614 trillion, having been reduced by Rs780 billion through government capital injections and about Rs1.225 trillion in commercial borrowing, largely aimed at replacing expensive Power Holding Private Limited (PHPL)…
Read MoreFPCCI has called for the immediate correction of industrial electricity tariffs by demanding the removal of cross subsidies
Atif Ikram Sheikh, President FPCCI Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has called called for the immediate correction of industrial electricity tariffs by demanding the removal of cross subsidies; Power Holding Limited (PHL) surcharge and a rational redesign of peak-hour (Time-of-Day) electricity charges, which are placing an unsustainable burden on Pakistan’s industrial and export sectors. The FPCCI President Atif Ikram Shaikh stated that industrial electricity tariffs have drifted far away from cost-reflective principles. Instead of reflecting the actual cost of power supply, tariffs have become layered with non-energy charges…
Read Moreپاکستان کے لیے تیار: ٹونگ وائی TNC 2.0 ماڈیولز توانائی کی پیداوار بڑھائیں، لاگت کم کریں اور اعتماد بڑھائیں
جیسے جیسے پاکستان سستی اور ملکی توانائی کی طرف تیزی سے بڑھ رہا ہے، سولر ٹیکنالوجی کا انتخاب—اور اس کے پیچھے مضبوط پارٹنر—اب پہلے سے کہیں زیادہ اہم ہو گیا ہے۔ بڑھتی ہوئی بجلی کی قیمتیں، درآمدی ایندھن پر انحصار، زمین کی کمی اور مشکل موسمی حالات کے تناظر میں، اعتماد، کارکردگی اور مالی مستحکم منصوبوں کی ضرورت لازمی بن چکی ہے۔ ٹونگ وائی سولر، جو کہ فورچون گلوبل 500 کمپنی اور بلومبرگNEF ٹیر-1 ماڈیول سپلائر ہے، دنیا کی چند کمپنیوں میں سے ہے جو پوری فوٹو وولٹک ویلیو چین…
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