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.
Power Division Blames Finance Ministry as Pakistan Circular Debt Rises to Rs1.675 Trillion
The Power Division attributes a Rs61 billion increase in power sector circular debt to a Rs98 billion budget deduction enforced by the Ministry of Finance during the fiscal year.
Economic Coordination Committee Convenes to Review Export Subsidies Energy Grants and Budget Proposals
The Economic Coordination Committee reviews proposals on export finance subsidy schemes, energy arbitration funds, tight gas reserves, and departmental budgets.
Cabinet Committee on State Owned Enterprises Approves Core Governance Reforms and Strategic Board Appointments
The Cabinet Committee on State Owned Enterprises chaired by Finance Minister Muhammad Aurangzeb greenlights board appointments for PNSC and IRADA along with energy sector changes.
Power Division Mandates NEPRA Licensing and New Fees for Solar Consumers
Pakistan’s Ministry of Power Division introduces new solar regulations including a mandatory NEPRA license and a fee of Rs 1,000 per kilowatt for all users.
Government Unearths Multi Billion Power Purchase Scam in Discos Amid Loadshedding Crisis
Power Minister Awais Leghari orders an independent probe into distribution companies for purchasing expensive electricity outside the national grid violating merit orders.
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.
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 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.