Stories from Zafar Bhutta
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Oil purchases: PSO fails to pay as financial crunch bites
Asks premier and ministries to release Rs100b immediately
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Fuel adjustment: Power tariff cut by nearly Rs3 per unit
Lifeline, K-Electric consumers exempted from relief
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Power plants in K-P: Increase in gas supply could open Pandora’s box
Finance ministry argues other provinces will follow suit and seek more gas allocation.
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Freight, petroleum levy: FIA springs into action to probe corruption
Gets hold of details about irregularities allegedly committed by OMCs.
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Power plants: Chinese investment promised higher return
Beijing had sought an increase in credit risk insurance due to circular debt
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Filling the vacuum: Ministry lobbies for appointment of OGRA’s member oil
Seeks to implement ECC decisions after the hiring of Muhammad Azam.
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Power plants: Cap on furnace oil consumption under study
If implemented, it will ease pressure on forex reserves, bring down electricity prices.
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November adjustment: Rs2.45 cut likely in power tariff
Reduction comes due to sliding oil prices and efficient use of power plants.
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Divisible pool of taxes: Centre considering collecting Rs5.4b subsidy at source
Provinces reluctant to pay electricity subsidy for agriculture tube wells.
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Middle-income class: Power tariff to come down by 20%
Government approaches NEPRA to add one more slab to electricity bills.









