The Newser

K-Electric Ltd., Pakistan’s only vertically integrated power utility, outlined an ambitious $2 billion investment roadmap through 2030 at a corporate briefing on Monday, leveraging a newly approved multi-year tariff to modernize Karachi’s aging energy infrastructure and ramp up renewable power generation. The company, which serves over 3.4 million customers in Karachi and surrounding areas, said…

Pakistan slashed liquefied petroleum gas (LPG) prices by 1.88 per cent for June 2025, citing a drop in international rates, the Oil and Gas Regulatory Authority said Saturday. The government-revised price stands at Rs240.54 per kilogram, down Rs4.62 from Rs245.16/kg in May, according to an OGRA notification. The price cut reflects a 2.61 per cent…

ISLAMABAD — NEPRA Chairman Waseem Mukhtar on Thursday dismissed federal Power Minister Awais Leghari’s criticism of K-Electric’s tariff determination, stating bluntly during a public hearing, the decision is final, “We’ve given our decision, now it’s up to the minister to respond.” The remarks came amid a heated discussion during the monthly fuel charges adjustment (FCA)…

New budget targets auto elite, spares hybrids amid pressure from Tokyo Pakistan is set to impose steeper withholding taxes on a wide range of luxury vehicles in its upcoming 2025-26 budget, part of a broader revenue-boosting push to meet International Monetary Fund (IMF) benchmarks — even as it moves carefully to accommodate Japanese pressure on…