Pakistan’s renewable energy landscape is undergoing a major transformation as more solar system owners choose battery storage over exporting surplus electricity to the national grid. The trend has accelerated following revisions to the country’s net billing rules, prompting households and businesses to maximize self-consumption while reducing reliance on the power network. The growing preference for […]
IMF Seeks Bigger Recognition of Gas Sector Losses as Pakistan Delays Rs1.7 Trillion Debt Settlement Plan
Pakistan’s efforts to resolve its growing gas sector circular debt have hit another hurdle after the government and the International Monetary Fund (IMF) failed to reach an agreement on a proposed settlement framework. The unresolved plan, valued at Rs1.7 trillion, will now undergo further negotiations, with both sides expected to resume discussions in September. The […]
WAPDA Security Force Bill 2026 Introduced in National Assembly
The federal government has introduced the WAPDA Security Force Bill 2026 in the National Assembly, aiming to establish a dedicated security force for the protection and regulation of installations managed by the Pakistan Water and Power Development Authority (WAPDA). The proposed legislation, formally titled “The WAPDA Security Force Bill, 2026,” was presented on Wednesday as […]
Government Likely to Absorb Rs. 49/Litre Fuel Cost to Maintain Prices
The federal government is expected to absorb a significant increase of Rs. 49 per litre in fuel costs to keep domestic petroleum prices unchanged for another week. The move comes amid rising global oil prices influenced by tensions in the Gulf region, aiming to provide temporary relief to consumers. According to reports, the government plans […]
OGDC Boosts Oil Output at Kal-03 Well in Chakwal After Successful Workover
Oil and Gas Development Company Limited has announced a notable increase in oil production from its Kal-03 well located in Chakwal District. The improvement follows a successful workover operation aimed at enhancing the well’s performance and optimizing output. Before the intervention, the Kal-03 well was producing approximately 50 barrels of oil per day under natural […]