Power Division Asked to Provide Payment Plan for Mounting SNGPL Receivables
Petroleum Division has sought a workable payment plan from Power Division for SNGPL’s outstanding indigenous gas and RLNG dues, with timelines for settlement.
Pakistan Reviews Gas Market Reform Roadmap With World Bank To Create Competitive Energy Sector
Pakistan’s Petroleum Division and World Bank have reviewed a roadmap to transform the gas sector through deregulation, stronger regulation, Sui company restructuring, targeted subsidies and greater private sector participation.
National Assembly Approves Rs 18.77 Trillion Federal Budget
Pakistan lower house clears 125 demands for grants including a 3 trillion rupee defense package as the Finance Minister and opposition clash over taxation policy and economic relief.
Privatization Commission of Pakistan Requests Expressions of Interest for Three Major Power Distribution Companies
The Privatization Commission invites expressions of interest for the strategic divestment of FESCO, GEPCO, and IESCO, offering up to 100 percent equity stakes.
Punjab Government Establishes First Comprehensive Energy Policy and Regulatory Authority
The Punjab Energy Department partners with UNDP to launch the Electric and Power Regulatory Authority to enhance energy oversight and market efficiency.
Power Division Reports Rs1,837 Billion Circular Debt as Operational Efficiency Improves
The Power Division clarifies that the current circular debt of 1,837 billion rupees is a temporary fluctuation, with inefficiencies declining by 48 billion rupees this fiscal year.
Pakistan IMF Review Extended Amid Global Volatility and Reform Progress
Pakistan and the IMF extend talks on the EFF and RSF reviews to assess geopolitical risks and energy sector reforms for economic stability.
IMF Mission Reports Progress on Pakistan Economic Review as Extended Fund Facility Talks Move Toward Conclusion
The International Monetary Fund mission led by Iva Petrova highlights significant progress in Pakistan’s third EFF and second RSF reviews following two weeks of high-level discussions.
OGDCL Receives Rs7.725 Billion Eighth Installment Under Circular Debt Settlement Plan
Oil and Gas Development Company Limited receives Rs7.725 billion as eighth monthly interest installment from Power Holding under Rs92 billion circular debt settlement mechanism.
Interloop CEO Outlines Strategic Roadmap to Boost Pakistan’s Exports
Musadaq Zulqarnain, CEO of Interloop Limited, emphasizes apparel growth, skill development, and energy reforms as key drivers for sustainable export-led expansion in Pakistan.