ISLAMABAD: Consumers are expected to brace for an electricity tariff hike as the government has decided to raise the current rate prior to receiving a loan tranche of about $450 million from the International Monetary Fund (IMF). In accordance with the decision, 10 distribution companies of ex-WAPDA are anticipating Rs17.2[...]

KARACHI: K-Electric (KE) has signed a contract with a joint venture of Chinese and German firms to build a 900 megawatts dual-fired power plant with an investment of $650 million. The contract was signed in Chinese city Harbin by KE CEO Moonis Alvi, Siemens Executive Vice President Dr Keramat Fakhari[...]

KARACHI: China Power Hub Generation Company (CPHGC) and General Electric (GE) on Thursday announced the successful completion of a power plant with a 1,320-megawatt production capacity in Balochistan. “We are proud to deliver this project with agile execution, and have completed this work in cooperation with GE on schedule and[...]

ISLAMABAD: Federal Minister for Power and Petroleum Omar Ayub Khan said that work has started on $14.5 billion worth of Saudi Arabia’s energy and petroleum projects in Pakistan. The projects are contributions to Pakistan’s effort to boost the production and use of oil and renewable power to meet energy demands.[...]