ISLAMABAD: Prime Minister Shehbaz Sharif announced on Saturday that residential electricity consumers in flood-hit areas would be exempt from paying their August bills, as the government moves to ease the financial burden on households reeling from deadly flash floods that have killed nearly 1,000 people.
Energy
Flood crisis tests IMF bailout discipline as PM Sharif halts August power bills in affected areas
ISLAMABAD: The government moved swiftly to shield flood-ravaged households from August electricity bills, a rare concession that underscores the tension between immediate disaster relief and the fiscal austerity demanded by a $7 billion International Monetary Fund bailout.
Nepra slaps Rs248 million fine on power firms for overbilling, illegal outages
ISLAMABAD: Pakistan’s energy watchdog has hit two state-owned power distributors with fines totaling Rs248 million for overcharging customers via faulty meters and cutting power on questionable commercial grounds, exposing persistent flaws in the nation’s strained electricity sector.
Pakistan lifts four-year ban on new household gas hookups, to supply imported RLNG
ISLAMABAD: The government has lifted a four-year ban on new domestic gas connections, opting to provide Re-Gasified Liquefied Natural Gas (RLNG) to households, Federal Minister for Petroleum Ali Pervaiz Malik announced on Wednesday, citing the need to address public difficulties and safety concerns.
Shanghai Electric scraps $1.77 bln bid for K-Electric after years of delays
KARACHI: Shanghai Electric Power Co. has abandoned its $1.77 billion bid to acquire a controlling stake in K-Electric Ltd., Pakistan’s sole listed power utility, citing a deteriorating business environment and the seller’s failure to secure required approvals.
Pakistan, China to share trade data electronically to curb under-invoicing
ISLAMABAD: Pakistan and China have agreed to exchange trade documents and data electronically to curb rampant under-invoicing that’s plagued Pakistan’s economy, as the two nations seek to deepen ties in trade, defence and technology amid ongoing regional tensions.
Nepra orders Rs1.79/unit refund on September power bills after July overcharges
ISLAMABAD: The power regulator has mandated a refund of Rs1.7856 per unit for electricity consumers in September bills, citing overcharges in July, while sharply criticising systemic governance failures that continue to drive up costs and erode grid reliability.
Pakistan plans captive gas levy to level field for public, private suppliers
By Staff Reporter ISLAMABAD: Pakistan plans to introduce a captive gas levy on power sector distribution to ensure fair competition between public and private gas
Islamabad: Prime Minister Muhammad Shehbaz Sharif witnesses singing of an MoU between Frontier Works Organization and United States Strategic Metals (8th September, 2025).
Pakistan, US sign critical minerals deal to boost investment
ISLAMABAD: Pakistan and the United States signed a memorandum of understanding (MoU) to advance cooperation in critical minerals, the US Embassy in Islamabad said on Monday, a move aimed at attracting investment and strengthening bilateral ties.
ADB approves $130 mln loan for Pakistan’s energy sector – ministry
ISLAMABAD: The Asian Development Bank (ADB) has approved a $130 million loan for Pakistan’s energy sector to help promote clean energy and upgrade the country’s power transmission and distribution systems, the energy ministry said on Thursday.