Category: Latest News

🔴 Government Considers Hiking Sales Tax on Solar Panels from 10% to 18% under IMF Pressure

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Solar-Panels

Karachi: In a move that could severely impact Pakistan’s growing renewable energy sector, the government is considering raising the sales tax on solar panels from 10% to 18%, as part of a broader Rs. 200 billion contingency plan agreed with the International Monetary Fund (IMF). According to a report by The Express Tribune, the tax hike will be triggered if the Federal Board of Revenue (FBR) fails to meet its December-end revenue targets or if government spending exceeds agreed fiscal limits. The potential increase on solar imports is part of…

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Oil Sector Seeks Deadline Extension for ATG System Installation at New Fuel Outlets

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New-oil

KARACHI: Pakistan’s oil industry has requested the Oil and Gas Regulatory Authority (Ogra) to provide a clear and realistic timeline for the installation of Automatic Tank Gauging (ATG) systems at new retail outlets, citing financial and operational challenges arising from the sudden enforcement of the requirement. The appeal comes as part of the broader digitalisation drive following the launch of the ‘Raahguzar’ mobile app, which marked the first phase of modernising Pakistan’s oil supply chain. The second phase, currently under development with the Punjab Information Technology Board (PITB), involves creating…

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Study Reveals 33GW of Solar Panels Installed Across Pakistan

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soalr energy

KARACHI: Pakistan’s energy landscape is undergoing a dramatic transformation, with an estimated 33 gigawatts (GW) of solar photovoltaic (PV) capacity already installed nationwide, according to a new study unveiled by the Policy Research Institute for Equitable Development (PRIED) in collaboration with Transition Zero, a London-based energy-transition think tank. The study, titled “Shouting from the Rooftops: Mapping Pakistan’s Solar Power Revolution,” was launched at a high-level event attended by researchers, civil society representatives, parliamentarians, and government officials. Participants agreed that the country is witnessing an unprecedented solarisation of its energy sector,…

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LESCO Implements ‘E-Office System’ to Boost Efficiency and Transparency

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New-LESCO

LAHORE: In line with the federal government’s digitalization policy, the Lahore Electric Supply Company (LESCO) has launched its “E-Office System”, aimed at improving administrative efficiency, reducing paperwork, and enhancing transparency across the organization. The new system is designed to modernize office operations by replacing manual, paper-based processes with a fully digital workflow, ensuring better time management and resource utilization. Speaking at the launch ceremony, LESCO Chief Executive Officer Engr. Ramzan Butt said the company has been working closely with the Ministry of Energy on implementing the e-office framework. The initiative,…

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Gas Companies Seek 5pc Price Hike Amid Rising Costs and Rupee Depreciation

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OGRA-GAS

ISLAMABAD: Pakistan’s two state-owned gas utilities — Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) — have sought a 5% increase in gas prices for fiscal year 2026, citing rupee depreciation, higher RLNG diversion, and increased repair and maintenance expenses. In their revised estimated revenue requirements (RERR) submitted to the Oil and Gas Regulatory Authority (Ogra), both companies requested a marginal hike in domestic gas tariffs to offset foreign exchange fluctuations and operational pressures. The utilities based their requests on an exchange rate assumption of Rs284…

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