Category: Latest News

ISLAMABAD: In a significant policy shift, National Electric Power Regulatory Authority (NEPRA) has withdrawn penalties amounting to Rs42 billion previously imposed on the National Transmission and Dispatch Company (NTDC) over alleged violations of the Economic Merit Order (EMO) in power plant utilisation. The decision marks a reversal of a long-standing stance under which NEPRA had been deducting billions from NTDC’s Use of System Charges payable by distribution companies. These deductions, spanning over three years, had significantly impacted NTDC’s financial position and delayed key national transmission projects. The matter had also…

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ISLAMABAD: Federal Minister for Climate Change Musadik Malik has expressed confidence that Pakistan’s youth can play a pivotal role in addressing climate change, as he addressed the second edition of the Breathe Pakistan International Climate Change Conference, currently underway in Islamabad. The two-day conference, organised by DawnMedia, has brought together policymakers, international organisations, and industry leaders to discuss climate resilience, energy transition, and sustainable development. Highlighting Pakistan’s demographic strength, Malik noted that nearly two-thirds of the population comprises young people. “It is their future—they will find the solutions,” he said,…

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PESHAWAR: Peshawar Electric Supply Company (PESCO) has launched a new digital initiative by introducing QR codes on all electricity bills, allowing consumers to make payments quickly and conveniently through mobile devices. Chief Executive Officer Akhtar Hamid Khan described the move as a major step toward digitalisation, aimed at improving customer facilitation and eliminating the need to visit banks. “With QR codes now printed on every bill, consumers can simply scan the code and pay from the comfort of their homes at any time,” he said, adding that the system will…

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ISLAMABAD: Federal Minister for the Board of Investment, Qaiser Ahmed Sheikh, has said that Pakistan is entering a decisive phase of the China-Pakistan Economic Corridor (CPEC), with a renewed focus on industrialisation, export-led growth, and stronger business-to-business (B2B) collaboration with China. Speaking at the ‘Pakistan-China Industrialisation Dialogue’ in Islamabad, the minister highlighted the strategic importance of Special Economic Zones (SEZs), including Rashakai in Khyber Pakhtunkhwa, Allama Iqbal Industrial City in Punjab, Dhabeji in Sindh, and Bostan in Balochistan. He noted that while China has remained Pakistan’s largest trading partner for…

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ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) will hold a public hearing on May 12, 2026, to consider a tariff adjustment request exceeding Rs58 billion filed by K-Electric (KE) under its seven-year Multi-Year Tariff (MYT) for FY2017–2023, following a delay of nearly three years. According to the regulator’s notice, KE has sought an End of Term Adjustment (EoTA) of Rs43.6 billion. The claim includes Rs23.4 billion on account of working capital costs, Rs11.05 billion due to exchange rate impact on return on equity, and Rs10.4 billion linked to revised working…

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