Tag: Coal

**LESCO Reduces NEPRA-Related Losses by Rs58 Billion in Two Years**

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New-LESCO

  **LAHORE:** The Lahore Electric Supply Company (LESCO) has reduced its NEPRA-related financial gap from **Rs79 billion to around Rs21 billion** over the past two years, generating cumulative savings of more than **Rs58 billion** for the national exchequer. According to a statement issued by the Power Division on Friday, LESCO also achieved a **recovery rate of 101.05%**, surpassing the National Electric Power Regulatory Authority’s (NEPRA) regulatory benchmark of 100% for the first time in the company’s history. The utility further recorded a significant decline in distribution losses, bringing them down…

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**Seminar calls for affordable solar solutions to strengthen Pakistan’s energy security**

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Bajaur-Solar

  **KARACHI:** Energy experts, economists and policy specialists have urged the government to make solar power more affordable for heat-stressed and low-income households, stressing that equitable access to clean energy is essential for Pakistan’s long-term energy security and climate resilience. The recommendations were made during a seminar titled **”Pakistan’s Energy Security: The Reality for Working People,”** jointly organised by **The Knowledge Forum (TKF)** and the **Karachi Union of Journalists (KUJ)** at the Karachi Press Club. Speaking at the event, former adviser to the chief ministers of Sindh and Balochistan, **Dr…

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**Pakistan secures safe passage for Qatari LNG cargo through Iran amid energy crisis**

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New-LNG

  **ISLAMABAD:** Pakistan has successfully negotiated with Iran to ensure the safe passage of at least one Qatari liquefied natural gas (LNG) shipment through the Strait of Hormuz, in a move aimed at easing the country’s worsening energy crisis, according to Bloomberg. The LNG carrier **Al Areesh**, which had been anchored in the Persian Gulf after loading cargo at Qatar’s Ras Laffan export terminal earlier this month, transited the Strait of Hormuz on Thursday, according to Bloomberg ship-tracking data. The vessel crossed the strategic waterway with its transponders switched on…

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Pakistan’s power generation falls 15% MoM, costs plunge 30% in February

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power

Power generation in Pakistan clocked in at 6,945 GWh in February 2025, a steep decline of 15% MoM compared to the previous month, suggesting a decline in economic activity. Back in January 2024, power generation stood at 8,153 GWh. On a yearly basis, power generation declined by 3% as compared to 7,130 GWh in the same month of the previous year. “This was the lowest monthly power generation in five years,” said JS Global. Electricity generation in February fell to its lowest level since March 2020, when it stood at…

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