Power Division

Says efficiency measures, anti-theft drive resulted in meeting IMF target

Decides to negotiate with hydel, gas-based IPPs to save costs for consumers

Policymakers seek to curb circular debt, note challenges in way of sell-off

ECC to reconvene early next week to address members’ observations

Power Division proposes transition from Libor to SOFR for power project loans

Caretaker govt announces its intent to amend Electricity Theft Control Act through an ordinance

Failure of ministries/divisions to hire people on vacant positions upsets cabinet

Power Division will hold internal inquiry and submit report to CDWP within three months

Govt set to hike tariff by Rs4.5 per unit in coming months to meet IMF condition

Energy minister says unable to determine exact cause of fault owing to fog surrounding Guddu power plant

It was also for the second time that the prime minister withdrew the Revenue Division portfolio from Shaikh

Ministers, SAPMs hold meeting with officials of Shanghai Electric Power for transfer of shares

Committee unsure about base of numbers for Rs9.5 billion subsidy claim

NEPRA report cites high losses, power theft and low recoveries as reasons

Power Division seeks waiver to avoid expensive electricity production

Dismisses KE's restraining orders, asks NEPRA to hold public hearing and decide about special power supply to Karachi

‘Lack of transparency in hirings for DISCOs’

Hydroelectric power projects will help attract $3.7b investment under CPEC

Finds fault with disbursement mechanism which PM aide says lacks transparency

Is working on proposal to make amendment through finance bill

Power Division will discuss eight-point plan with IPPs in meeting on Thursday

It will mean approaching multilateral donors to borrow Rs150 billion

CCOE notes petrol demand has dropped by 41% and diesel by 55% due to lockdown

Relief package will provide cheap electricity to major export industries

Also delays decision on 38% hike in power tariff for Karachi consumers

Power Division says running RLNG power plants on 66% must-run scenario has become uneconomical

Suggests increase of Rs2.47 per litre in price of diesel

Ministry of Petroleum says principal amount stands at Rs457b, while delayed payments add another Rs77b

Will pay hired agencies one-fourth of the recovered amount

It will help slow down debt flow, improve bill recoveries, reduce losses

Released $300m this week for reforms including cut in circular debt

Will sell one dozen enterprises, approves transaction structure for LNG plants

Development comes after govt launched anti-power theft campaign

Authorities decide to discontinue Rs3 per unit electricity subsidy for local industries

Connections of running defaulters will be disconnected after the deadline

All future renewable energy investments to be treated in line with RE Policy 2019

Senate committee briefed on increasing circular debt

Minister for Energy Omar Ayub says it will ensure real-time meter reading

Two sides express interest in ramping up bilateral ties in energy sector

A nuanced approach will have to be adopted

Power distribution companies have 53,000 vacant posts

These defaulters have to pay Rs348b, but they continue to get electricity

In all fairness, the secretary was only given a short period of time to take major decisions on high stakes projects

Warns failure of deal will force government to give bailout packages to power utility

Development comes as govt remains committed to keeping exports competitive

Separate cell has been set up to facilitate consumers

Meeting was held between Federal Minister for Power Division and AJK Prime Minister

Meeting notes SDG projects facing shortage of required material

Company is struggling to reverse steep declines in power, capital divisions

Govt launches mobile app named Roshan Pakistan to give consumers access to vital data