Islamabad, October 9, 2024 – In a transformative step towards revolutionizing Pakistan’s electricity market, the Cabinet Committee on Energy has officially approved the establishment of an Independent System and Market Operator (ISMO).
Islamabad, August 15, 2024 –Prime Minister Shehbaz Sharif assured the nation that they would soon receive “good news” regarding a reduction in the soaring electricity bills that have been burdening households across Pakistan.
Karachi, August 14, 2024 – The Federal Board of Revenue (FBR) has reported a remarkable 70% surge in advance tax collection from electricity bills during the fiscal year 2023-24. This increase is largely attributed to the escalating electricity tariffs, which have been a source of concern for both industrial and residential consumers across Pakistan.
Islamabad, August 2, 2024 – Prime Minister Shehbaz Sharif stated on Friday that the government is focused on providing relief to electricity consumers, emphasizing that reducing electricity prices is a key agenda for PML-N President Muhammad Nawaz Sharif, the government, and its allies.
Islamabad, August 1, 2024 – Federal Minister for Power Awais Ahmad Khan Laghari has assured that the ongoing capacity payment issues affecting electricity tariffs will be resolved soon.
Karachi, July 27, 2024 – The Federal Board of Revenue (FBR) has announced the new income tax rates on electricity consumption for the fiscal year 2024-25. The updated rates are part of the amendments made to the Income Tax Ordinance, 2001 through the Finance Act, 2024.
Leading Chinese photovoltaic company Tongwei has made a notable entrance into the Pakistan market with its advanced TNC-G12/G12R solar modules.
PkRevenue.com – Pakistan’s Ministry of Finance has squashed rumors of changes to the net metering policy, a program that incentivizes renewable energy use. Minister of State Ali Pervaiz Malik issued a press statement on Wednesday firmly denying any revisions or restrictions on net metering.
PkRevenue.com – Mondelez Pakistan has announced a significant step towards sustainability by partnering with Shams Power to solarize its confectionary and powdered beverages plants.
Islamabad, April 16, 2024 (PkRevenue.com): In a move aimed at providing relief to consumers, the Ministry of Power Division announced today that electricity bills for the month of May will see a significant reduction.