Pakistan Power Sector Circular Debt Rises To Rs1.675 Trillion In FY26
Pakistan’s power sector circular debt increased by Rs61 billion to Rs1.675 trillion in FY26, with Discos’ operational inefficiencies contributing Rs262 billion.
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.
KSE-30 Index Recomposition Adds PTC, BAFL, K-Electric And Fatima Fertilizer In 2026 Review
Pakistan Stock Exchange updates KSE-30 Index composition after January to June 2026 review, adding four companies and removing four existing constituents.
K-Electric Appoints Shaheryar Chishty as Board Chairman Following Extraordinary General Meeting
K-Electric officially appoints Shaheryar Chishty as Chairman of the Board as part of a leadership restructuring following recent executive changes.
Jawwad Ahmed Cheema Appointed CEO of Pakistan State Oil for Three Year Term
Pakistan State Oil names former Shell executive Jawwad Ahmed Cheema as its new CEO starting May 2026 following a strategic board decision in Karachi.
NEPRA Approves Electricity Price Hike of 1.42 Rupees Under February Fuel Cost Adjustment
NEPRA announces a power tariff increase of 1.42 rupees per unit for February fuel cost adjustments to be recovered from KE and DISCO consumers in April 2026.
K-Electric Appoints Syed Taha as New CEO to Lead Karachi Power Utility
K-Electric has named Syed Taha as its new Chief Executive Officer, effective April 2026, bringing extensive energy sector experience from PSO and Oasis Energy.
Nepra flags surplus capacity and grid bottlenecks as key drivers of rising electricity tariffs in Pakistan
Nepra’s FY2024-25 report highlights surplus generation capacity, low plant utilisation, high capacity payments and transmission bottlenecks as major factors behind elevated electricity tariffs and financial strain in Pakistan’s power sector.
SSGC Appoints Muhammad Amin Rajput as Managing Director and CEO for Three Year Term
Sui Southern Gas Company names Muhammad Amin Rajput as Managing Director and CEO for three years, formalizing his leadership after serving as interim head since February 13.
Saudi, Kuwaiti investors initiate $2bn arbitration against Pakistan over K-Electric
Saudi and Kuwaiti investors in K-Electric have launched a $2 billion international arbitration against Pakistan, citing regulatory interference, unpaid dues, and delays in a blocked sale of the power utility.