Pakistan Launches Independent Electricity Market to Boost Competition and Transparency

Islamabad: In a groundbreaking move, Pakistan has launched an independent electricity market system, marking a major shift in the country’s power trading landscape. The initiative aims to bring transparency, efficiency, and competition to the energy sector. The National Electric Power Regulatory Authority (NEPRA) has officially licensed the Independent System and Market Operator (ISMO). This newly …

NEPRA Likely to Reduce Power Tariff by Rs2 Per Unit for January FCA

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is expected to approve a Rs2 per unit reduction in electricity tariff under fuel cost adjustment (FCA) for January 2025. The Central Power Purchasing Agency Guarantee Limited (CPPA-G) has submitted a petition proposing a refund of Rs2.32 per unit to consumers. CPPA-G Seeks Approval for Tariff Reduction …

Govt Plans to Convert Circular Debt into Public Debt

The government has initiated efforts to convert circular debt (CD) in the power sector into public debt. This move is expected to lower electricity tariffs by Rs3.37 per unit, according to reports on Sunday. Additionally, the government plans to restructure $16.26 billion in energy-related debt. This includes loans for hydel, imported coal, Thar coal, wind, …

Electricity Tariff Likely to Drop by Rs1.30 per Unit for a Month

Electricity consumers in Pakistan may get temporary relief as the power tariff is expected to drop by Rs1.30 per unit for a month. The Central Power Purchasing Agency (CPPA) has requested a reduction in the monthly fuel price adjustment for December. The CPPA’s petition will be heard tomorrow. According to the request, the estimated fuel …

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