ISLAMABAD – Pakistan’s power sector circular debt rose by Rs79 billion in the first quarter (July–September) of the current fiscal year, reaching Rs1.693 trillion, according to a quarterly report by the Power Division. The increase comes despite government efforts to curb debt accumulation through capital injections and improved recovery mechanisms. The report showed that payables […]
power division
Nepra plans major cut in solar net metering rates
LAHORE — The National Electric Power Regulatory Authority (Nepra) is working on a significant revision of solar net metering rates, proposing to reduce the buyback rate from Rs. 23 per unit to Rs. 10, sources at the Power Division said. In a later phase, officials are considering removing the buyback mechanism entirely, meaning consumers generating […]
Govt mulls halving solar net metering rate amid rising grid costs
ISLAMABAD — The government is considering a major revision to Pakistan’s solar net metering policy, proposing to slash the buyback rate from Rs22 per unit to around Rs11.30, The News reported on Friday. The move follows concerns that the current rates are burdening grid electricity consumers with rising costs. Official data shows that the rapid […]
NEPRA shields Karachi consumers from K-Electric losses
ISLAMABAD: The Power Division rejected claims that NEPRA’s recent multi-year tariff review for K-Electric harms Karachi consumers. Officials said such claims are misleading. The review aims to ensure fairness, accountability, and protection for electricity users. According to the spokesperson, K-Electric must improve operational efficiency like public-sector utilities such as IESCO, FESCO, and GEPCO. The review […]
PM Shehbaz pushes for power policy to boost industry
Prime Minister Muhammad Shehbaz Sharif has directed the Power Division to create effective policies to boost industrial production through better electricity use. He emphasized the need for efficient utilization of electricity to help grow both the industrial and agricultural sectors. The prime minister gave these instructions while chairing a review meeting on the Power Division’s […]
Pakistan to Open Electricity Market for the First Time
ISLAMABAD: Pakistan’s federal government has announced a major reform to open the country’s electricity market, allowing consumers to choose their power suppliers for the first time in history. According to Power Division Secretary Dr. Fakhar Alam Irfan, consumers using one megawatt or more will be able to select their electricity provider starting January 2026. The […]
Floods won’t stop power: Division orders 24/7 electricity supply
The Power Division has instructed electricity distribution companies (DISCOs) to ensure continuous power supply during heavy rains and floods. This directive comes as the country faces severe flooding. The division issued an emergency alert urging all DISCOs to maintain uninterrupted electricity services throughout the crisis. Authorities also emphasized protecting electrical infrastructure during floods. Immediate measures […]
Govt unveils Rs2.42 trillion circular debt plan, tariff changes await NEPRA nod
The Power Division has shared its plan with the National Assembly to tackle the massive Rs2.42 trillion circular debt in the energy sector. Minister Awais Leghari confirmed the strategy is part of the Circular Debt Management Plan, backed by the Ministry of Energy, Ministry of Finance, and a task force. He added that Rs1.2 trillion […]
No change in law: Second meters still allowed, says power division
The Power Division has denied rumors about a ban on installing two electricity meters at the same residential location. In a statement, the division called such news completely false and misleading. It said the purpose of the fake news was to spread confusion and fear among the public. Officials confirmed that people can still apply […]
Power division opposes NEPRA’s K-electric tariff plan, warns of investment and policy setbacks
The Power Division has strongly opposed NEPRA’s decision to approve a seven-year Multi-Year Tariff (MYT) for K-Electric. The Ministry warned this move could disrupt the federal government’s subsidy system. It also feared the decision might scare away future investment in the power sector. Federal Power Minister Awais Leghari expressed his concerns in a social media […]