Pakistan in Talks for $36 Billion Power Sector Refinancing to Cut Electricity Tariffs
Pakistan is negotiating $36 billion in long-term financing with international lenders and Saudi Arabia to refinance power sector debt over 13 years, aiming to lower industrial electricity tariffs and manage circular debt.
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.
World Bank flags risks in Nepra Act, Electricity Act amendments affecting Pakistan’s power regulator autonomy
The World Bank has raised concerns that proposed amendments to the Nepra Act, 1997 and Electricity Act, 1910 could undermine the independence of Pakistan’s power regulator, Nepra, prompting attention from the Prime Minister and industrial stakeholders.
NEPRA Flags Rs397bn Circular Debt Increase Linked to DISCO Inefficiencies in FY25
NEPRA’s State of the Industry Report 2025 shows weak performance by power distribution companies added Rs397 billion to Pakistan’s circular debt in FY25, highlighting governance and operational failures.
Pakistan Asks ADB for Support to Manage Power Sector Debt and Boost Investor Confidence
Pakistan has requested Asian Development Bank support to address mounting power sector debt, strengthen investor confidence, and advance reforms toward a competitive electricity market and renewable energy integration.
PM Shehbaz Sharif Launches Rs23 per Unit Power Tariff Plan for Industry and Agriculture
Prime Minister Shehbaz Sharif announced a new electricity pricing plan offering reduced tariffs for industrial and agricultural users at Rs23 per unit under the Roshan Maeeshat Electricity Package, aiming to revive economic activity without subsidies while ensuring IMF compliance.
K-Electric Reports FY24 Results with PKR 4.13 Billion Profit Amid Challenging Economic Climate
K-Electric announced its financial results for FY24, reporting PKR 4.13 billion profit despite inflation, tariff hikes, and operational challenges, while outlining investments in transmission, distribution, and anti-theft initiatives.