Public hearing on the matter has been scheduled for April 24, 2025
Previously, financial adviser had proposed three options for the PIA-owned Roosevelt Hotel
State Bank forecasts total remittances for FY25 to reach approximately $38bn, up from $30.25bn last year
Any future rupee depreciation will see 70% of burden passed to consumers, with IPPs absorbing remaining 30%
Minister Malik welcomed extension and expressed gratitude for Kuwait’s continued support
To manage difference between new and old tariffs, Nepra will implement cross-subsidy mechanism
An electric vehicle charging station is seen at the Volkswagen display during the media day at the Canadian International AutoShow in Toronto,...
Revised prices, effective April 1, 2025, reflect adjustments in price differentials and delivered ex-ship costs
PPRA granted exemption last week following greenlight from SIFC according to senior officials familiar with matter
“We expect a quicker transaction this time as much groundwork is already complete,” Bajwa said
Public hearings on SNGPL’s petition are scheduled for April 18 in Lahore and April 28 in Peshawar
Critics within regulator itself are raising red flags saying it defies economic logic
Regulator issued show-cause notices to NTDC and Mepco for failing to attend public hearing on plant’s tariff petition
Despite billions in taxpayer-funded subsidies, KE continues to struggle with recoveries
COAS assures of complete security for investors, vows to take effective measures to safeguard interests of business partners
Notably, on account of January 2025 FCA, authority asked K-Electric to refund Rs3.02 per unit to its clients
Rs5.96 relief also includes relief of Rs0.90 under FCA which becomes Rs1.13 per unit after GST tax
Policymakers expect total exports to surpass $33bn by June, aiming to sustain momentum despite economic headwinds
PM Shehbaz emphasised that economy required “surgical operation” rather than temporary fixes
According to proposal, reduction will be facilitated through an increase in tariff differential subsidy
Third-party audit played critical role in identifying non-compliant firms, leading to their immediate closure
Nepra called for immediate measures to control electricity costs ahead of summer
Mangla reservoir, Pakistan’s second-largest, is faring slightly better, holding 20 feet of water above dead level
Meeting reviewed LNG procurement challenges and long-term energy strategies aimed at reducing import reliance
"Reduction will happen at the right time, whether two days earlier or later," says power minister
Hussain assured public that country has ample sugar stocks to meet domestic demand
An IPP’s representative stated that their petition for tariff revision was conditional upon withdrawal of all legal cases
State-run chain employs over 11,000 workers, most of whom face uncertain futures amid restructuring
The representational image shows Pakistani workers processing freshly picked cotton at a factory in Khanewal, Punjab. — AFP/FileISLAMABAD:...
Wapda chief noted that Karachi Water and Sewerage Board has yet to issue tenders for distribution network
Proposed exchange rate of Rs278.80 per US dollar will also be used in cost calculations
Financial adviser for this transaction is Ernest & Young LLC, Dubai-led consortium
Govt aims to retire Rs1.5tr in debt using a mix of bank borrowings and proceeds from surcharge
Move is part of broader govt strategy to lower power costs and mitigate economic pressures on households and businesses
Since late November when prices stood at Rs131.85 per kg, sugar has become 30.37% more expensive
Move signals government’s intent to bring transparency to sector long operating in regulatory limbo
In this picture taken on January 10, 2023, women check rice prices at a main wholesale market in Karachi. — AFPISLAMABAD: Pakistan’s weekly...
According to notification, RLNG price for SNGPL consumers has been increased by 0.37%
Authorities will implement stricter scientific monitoring of import conditions within two weeks to prevent further interceptions
Chairman PM Inspection Committee will be inquiry committee convener, while IB and FIA directors would be committee members
IRSA says depletion could lead to water supply disruptions to Punjab and Sindh
Textile industry urged govt to restore Export Facilitation Scheme to its June 2024 form
Nepra’s decision in June 2015 had exempted non-Time of Use domestic consumers using up to 300 units
Exports decline by 5.57% to $2.44bn against $2.58bn in same month of last year
Petroleum minister assures dealers that all stakeholders would be consulted before finalising any policy on deregulation
For first eight months of FY2024-25, average inflation stood at 5.85%, down from 27.96% in same period last year
Notably, for February prices were been increased by Rs3.68 per kg
NA body on Petroleum directed Petroleum Ministry to engage with dealers before finalising any decision
