Awaam Pakistan President Shahid Khaqan Abbasi on Saturday called on the government to deregulate petroleum prices and promote electric vehicles (EVs) to absorb the economic impact of rising oil prices amid the US-Israel war on Iran.

Since the February 28 strikes by the US and Israel on Iran triggered the war and pushed up global oil prices, fuel prices in Pakistan have reached record highs.

In…

• Orders Power Division to file review petition to protect existing contract holders
• Nepra approves Rs132bn fixed charges for 28.5m households
• Decision applied retrospectively; lowest slabs to face up to 75pc jump

ISLAMABAD: Prime Minister Shehbaz Sharif stepped in on Wednesday to seek a review of Nepra’s revised rules for rooftop solar users, while the power regulator simultaneously…

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday took notice of the recent changes made by the National Electric Power Regulatory Authority (Nepra) regarding solar consumers and directed the Power Division to file a review appeal against it.

The power regulator on Monday changed the terms of contracts for all existing and future net-metered solar consumers — known as prosumers — to contain…