Govt considers ending free electricity for officials
The government is evaluating the potential discontinuation of free electricity for officials and agencies, including bureaucrats, judges, and lawmakers, according to sources in the Ministry of Energy. Responding to strong public and political pressure, the federal administration has agreed, in principle, to create an emergency plan within the Ministry of
Pakistan and China to sign MoU on petrochemical refinery next month
China and Pakistan are likely to sign a Memorandum of Understanding (MoU) on the crude-to-petrochemical refinery project during Prime Minister Shehbaz Sharif’s next month visit to Beijing. According to a national daily, citing a senior official of the Ministry of Energy, the two countries are expected to sign an MoU
Power Division rubbishes reports of increase in electricity prices
The Ministry of Energy’s Power Division (MEPD) dismissed reports on Tuesday regarding an increase in electricity prices. The spokesperson for the Power Division emphasized that there have been no discussions with the IMF concerning raising electricity prices. More to follow
Electricity tariff expected to rise by Rs7 per unit in July
Pakistan has notified the International Monetary Fund (IMF) of a potential increase in the average electricity tariff by Rs. 5 to Rs. 7 per unit in July, owing to annual adjustments. Despite multiple price hikes, the country is expected to miss its circular debt reduction target. During ongoing discussions about
Price of petrol expected to drop from Thursday
The price of petrol in Pakistan is expected to decrease by Rs13 from May 16. Additionally, the price of diesel could see a reduction ranging from Rs8 to Rs9.50 per liter, according to details in the forthcoming review scheduled for May 15. Senior officials of the Ministry of Energy informed
