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Site update: November 06 2025, at 16:45 PKST
Stock update: November 06 2025.

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

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Monday, November 03 2025

Islamabad solar users asked to replace green meters with costly Automatic Meter Reading devices
Tens of thousands of solar power users with on-grid systems and green meters have been shocked to see their current month’s electricity bills, which state that they must replace their green meters with Automatic Meter Reading (AMR) meters within three months to ensure the continuation of net metering. Consumers who have invested up to Rs1 million or more are being told to purchase the AMR meters for Rs52,000, while their existing green meters, which they had earlier bought, will be taken away by the Islamabad Electric Supply Company (Iesco). A number of consumers have approached the Prime Minister’s Portal, seeking relief and requesting the government to stop Iesco from forcing them to purchase new meters. However, an Iesco official said that although it was principally decided to replace the meters, the implementation has been temporarily put on hold, and a policy will soon be announced in this regard.
Related news categories: business economic-indicators power-gen-dist

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

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