Electricity consumers across Pakistan, including those served by K-Electric, could face an additional financial burden of around Rs29.5 billion if a proposed increase in electricity tariffs is approved under the fuel adjustment mechanism for August 2026. The National Electric Power Regulatory Authority (NEPRA) held a public hearing to examine a petition submitted by the Central…
The National Electric Power Regulatory Authority (NEPRA) has conditionally approved Pakistan’s controversial Integrated System Plan (ISP) 2025, covering the country’s electricity generation and transmission requirements for the 2025–2035 period. The 11-year plan involves an estimated investment of around $58 billion in power generation and transmission infrastructure. However, NEPRA’s approval comes with several conditions and reservations…
Pakistan’s long-running Gas Infrastructure Development Cess (GIDC) controversy has entered a fresh phase, with Rs453 billion still awaiting recovery from defaulters while another Rs295 billion reportedly remains unutilised. The issue has resurfaced as the government seeks to amend the GIDC law and expand the permissible use of funds collected under the levy. The proposed GIDC…
Pakistan is once again facing a sharp increase in Iranian fuel smuggling as illegal petroleum products continue entering the local market through border regions. The renewed inflow comes during a period of rising global oil prices and continued uncertainty caused by disruptions linked to the Strait of Hormuz crisis. According to reports, domestic refineries including…
Pakistan is moving closer to launching its first deregulated electricity market, taking a major step toward fulfilling another condition set by the International Monetary Fund (IMF). The new competitive electricity market is expected to open in March and will initially offer 200 megawatts of electricity for auction. The deregulated system will primarily target large industrial…
