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.
Force Majeure Halts LNG Supplies for Power Generation Amid Regional Conflict
Government officials confirm LNG supply disruptions due to force majeure as the Iran war impacts global energy routes, prompting new daytime electricity pricing strategies.
Pakistan ECC Approves Strategic IPP Tariff Revisions to Save Billions in Energy Costs
The Economic Coordination Committee approves major tariff renegotiations with 20 power projects including wind and solar plants to reduce circular debt and consumer rates.
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.
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.
K-Electric Reviewing Viability After Major Tariff Cut, Says CEO Moonis Alvi
K-Electric CEO Syed Moonis Abdullah Alvi has raised concerns over NEPRA’s major revisions to the Multi-Year Tariff for FY2024–30, warning that the large-scale reductions threaten the utility’s operational viability. The company is reviewing the implications and considering all legal and regulatory options to ensure service continuity and financial stability.
Govt to Open Power Market in 2026, Allowing Consumers to Choose Electricity Providers
The government plans to liberalize the electricity market in 2026, enabling consumers to choose their power suppliers and fostering competition in Pakistan’s energy sector.
SECP Expands Digital Data-Sharing Network to Boost Regulatory Efficiency under PRMI
The Securities and Exchange Commission of Pakistan (SECP) has expanded its digital data-sharing network under the Pakistan Regulatory Modernization Initiative (PRMI), integrating NEPRA, PRA, DRAP, SNGPL, PEMRA, and IESCO into its eZfile portal. The initiative streamlines compliance, reduces paperwork, and accelerates regulatory services while supporting Pakistan’s vision for a fully digital economy.