NEPRA Approves $58 Billion Power Plan Through 2035 Amid Major Concerns
NEPRA has approved an 11-year power generation and transmission plan involving $58 billion in investment, while raising concerns over projects, tariffs, data quality and battery storage.
Pakistan Trade Deficit Widens 18.1% to $7.1 Billion in July-August, FPCCI Warns
FPCCI President Atif Ikram Sheikh raises concerns over Pakistan’s widening trade deficit, calling for lower interest rates and reduced energy and transportation costs.
Pakistan Industrial Growth Surges as Surplus Power Package Delivers Twenty Billion Rupee Relief
Pakistan reports a significant boost in industrial and agricultural productivity following a successful three month surplus power initiative saving consumers over twenty billion rupees.
Pakistan Power Sector Prepares for Summer Load-Shedding and Tariff Hikes Amid Global Energy Crisis
Pakistan faces a challenging summer as the Power Division develops a hybrid strategy of load-shedding, mandatory conservation, and fuel price adjustments due to the Middle East conflict.
Nikkei Asia Sheds Lights On Pakistan’s Unease of Doing Business
Nikkei Asia reports that Pakistan’s cost of doing business is 34% higher than regional peers due to elevated energy prices, taxes, interest rates, and regulatory hurdles, discouraging entrepreneurship and pushing more workers toward salaried employment.
Pakistan plans industrial tax and electricity tariff cuts to boost SMEs
Special Assistant to the Prime Minister Haroon Akhtar Khan says the government plans to reduce industrial taxes and electricity tariffs while placing SMEs at the center of economic development.