Category: Latest News

Govt Formulates Strategy to Resolve KE–NEPRA Tariff Dispute

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NEPRA-KE

ISLAMABAD: The federal government is developing a comprehensive plan to address the ongoing dispute between K-Electric (KE) and the National Electric Power Regulatory Authority (NEPRA) following the recent controversial tariff determinations, sources told Business Recorder. A high-level meeting was held on October 24, 2025, at the Finance Ministry, chaired by Finance Minister Senator Muhammad Aurangzeb and Power Minister Sardar Awais Ahmad Khan Leghari. The session was also attended by officials from the Special Investment Facilitation Council (SIFC) and government-nominated directors on KE’s board — Secretary Finance Imdad Ullah Bosal, Secretary…

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Pakistan to Delay Gas Import Plans Amid Declining Demand and Global LNG Surplus

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China-LNG

ISLAMABAD: Pakistan is likely to defer its planned gas import projects despite long-term population growth and rising overall energy needs, as national gas demand is projected to decline through 2040 while global liquefied natural gas (LNG) oversupply continues beyond 2031. According to official sources, the government is considering an “all-of-government” strategy to slow down progress on both pipeline import projects from Turkmenistan and Iran and to readjust LNG supply commitments, while prioritizing structural reforms to ensure sustainable energy sector growth. The policy rethink follows a comprehensive study by UK-based consultancy…

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PM Shehbaz Announces Resumption of Domestic Gas Connections After Four-Year Ban

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Shehbaz-Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday announced the reopening of new gas connections for domestic consumers, ending a nearly four-year ban. The decision marks a major policy shift aimed at addressing long-standing public demand for reliable household fuel supply, Radio Pakistan reported. Speaking at a ceremony marking the resumption of regasified liquefied natural gas (RLNG) connections in Islamabad, the Prime Minister said the move reflects the government’s commitment to providing citizens with affordable and quality energy. “In 2022, there was immense public pressure for new gas connections, but the…

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Growatt Launches WIT 4–15K-HU Hybrid Inverter Series to Power Pakistan’s Three-Phase Solar Future

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New-Project78

As Pakistan’s energy landscape continues to face rising electricity demand and grid instability, the transition to advanced solar hybrid systems has become increasingly vital. For businesses and large households seeking stability, efficiency, and sustainability, three-phase hybrid solutions offer the key to uninterrupted, clean power. With over 3,000 hours of annual sunshine, Pakistan’s shift toward solar energy is both practical and inevitable. Growatt New Energy — a global leader in smart energy solutions with a strong presence in Pakistan since 2016 — continues to drive the nation’s solar transformation. Extending its…

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Saudi, Kuwaiti Investors Serve $2bn Legal Notice to Pakistan in K-Electric Dispute

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K-Electric

ISLAMABAD: In a development that could escalate into an international arbitration case, a consortium of Saudi and Kuwaiti investors in K-Electric has served a $2 billion legal notice to the Government of Pakistan, alleging violations of investment rights under the OIC Investment Agreement. The investors — Saudi Arabia’s Al Jomaih Group and Kuwait’s Denham Investments Limited — are represented by the London-based law firm Steptoe International (UK) LLP. The 67-page notice, dated October 20, was sent to the Attorney General for Pakistan, the Prime Minister’s Office, and the Special Investment…

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