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Site update: October 29 2025, at 19:00 PKST
Stock update: October 29 2025.

Recent Financial News in the 'power-gen-dist' category

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Monday, October 27 2025

Experts say revised MYT ruling for KE militates against govt’s privatisation agenda
Nepra’s revised Multi-Year Tariff (MYT) determination for K-Electric (KE) puts the government’s privatisation agenda at risk, while also adversely affecting Karachi’s stability, stated energy experts and industrialists on Saturday during a webinar organised by the Policy Research Institute of Market Economy (PRIME) titled ‘Karachi’s Energy Security: Challenges & Opportunities’. The session was moderated by Ali Ehsan – Chief Development Officer at PRIME. K-Electric CEO Moonis Alvi said the MYT should have reflected the company’s continuous operational improvements and the realities of power supply in a complex urban setting. He said that since privatisation, K-Electric has significantly reduced aggregate technical and commercial losses from around 45percent to below 20percent. He further noted that while the new tariff structure brings certain challenges, KE remains committed to serving Karachi.
Related news categories: business economic-indicators power-gen-dist

Friday, October 24 2025

T&D losses & no recoveries: Nepra slaps Rs25m fine on LESCO
The National Electric Power Regulatory Authority (Nepra) has imposed Rs 25 million fine on Lahore Electric Supply Company (LESCO) due to its failure pertaining to improvement in T&D losses and recovery in FY 2023-24 as compared to FY 2022-23. According to background information, Nepra received a Circular Debt (CD) Report for June 2024, from CPPA-G through an email on July 30, 2024. The report revealed that DISCO’s electricity purchases for FY 2023-24 were reduced to 115,142 GWh, ie, 1percent as compared to 116,696 GWh for FY 2022-23. Further, DISCO’s losses during FY 2023-24 increased to 18.31percent as compared to 16.84percent during FY 2022-23, i.e. and increase of 1.47percent. Nepra’s allowed average target of T&D losses for the FY 2023-24 was 11.77percent. Thus, DISCOs breached the target by 6.54percent. This breach of target contributed around Rs. 276 billion in Circular Debt for FY 2023-24 despite the fact that DISCOs have been allowed an investment amount of Rs. 163.1 billion for FY 2023-24 to improve their network.
Related news categories: business economic-indicators power-gen-dist

Monday, October 06 2025

Three hydropower projects to start 330MW production within two years
Three hydropower projects initiated under the supervision of the Provincial Energy Development Organization (PEDO) will start producing 330 megawatt (MW) electricity within next two years. Secretary Energy and Power, Khyber Pakhtunkhwa, Mohammad Zubair has said that work is also underway on three hydropower projects in Swat. The projects of 330 MW capacity will start production in next two years. These under-construction hydropower projects include 84 MW Matiltan, 88 MW Gabral Kalam, 40-kilometer long 132/220 kW transmission line project sites and the 36.6 MW Daral Khor Hydropower Plant affected by the recent flood.
Related news categories: business economic-indicators power-gen-dist

Thursday, October 02 2025

Solar-powered farming is digging Pakistan into a water catastrophe
Karamat Ali’s cows and buffalos once provided his multi-generational family with milk. But earlier this year, the 61-year-old sold about a dozen bovine - and spent the proceeds on a set of solar panels. The rice farmer in Pakistan’s Punjab province now uses his panels to power a tube well, which is composed of a water well and a motorised groundwater pump. The device allows Ali to irrigate his crops with greater ease and frees him from depending on the erratic electricity grid and pricey diesel to power the pump. “Water supply to my paddy feed is smoother than before,” he said. As Pakistan undergoes a solar revolution, farmers like Ali are increasingly ditching diesel and grid power for sun-powered tube wells, according to interviews with 10 growers, as well as government officials and analysts.
Related news categories: business economic-indicators power-gen-dist

Tuesday, September 30 2025

Consumers to pay Rs2 under fuel tariff adjustment
After several months, a fuel cost adjustment will add Rs2 per unit to the burden of power consumers across the country, including Karachi, in October, despite more than 76 per cent power generation coming from cheaper domestic sources. Testifying before a public hearing, Rehan Akhtar, chief executive officer (CEO) of the Central Power Purchasing Agency (CPPA) — a government subsidiary — said the fuel cost in August increased by 19 paise per unit because lower-than-expected hydropower generation forced the use of expensive fuels. Flooding had constrained water discharges from reservoirs, reducing hydropower output. He explained that a negative fuel price adjustment of Rs1.79 per unit in the September billing cycle would expire, resulting in a net increase of Rs1.98 per unit in October bills. The public hearing was conducted by the National Electric Power Regulatory Authority (Nepra) on the request of CPPA, which acts as a commercial agent for power distribution companies (Discos).
Related news categories: business economic-indicators power-gen-dist

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