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PEPCO, WAPDA, LESCO, IESCO, PESCO, QESCO, SEPCO, GEPCO, FESCO, MEPCO, PITC, KE News

Budget 2026-27 and the Taxation Debate on Solar Panels

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Budget 2026-27 and the Taxation Debate on Solar Panels Amid the preparations for the upcoming fiscal budget, conflicting reports and discussions have been circulating regarding the solar energy sector: Exemption of License Requirement: The Minister for Energy has announced that the licensing requirement for solar projects of 25 kW and below has been completely abolished. Budget Rumors and IMF Pressure: According to sources, under strict IMF conditions, proposals to impose new taxes or duties on net metering and solar panels were under consideration. However, the latest reports indicate that the Standing Committee on Finance and the government are striving to avoid adding any extra tax burden on solar panels in order to promote eco-friendly energy . The final decision will be revealed in the official budget documents. #Budget2026 #SolarTaxDebate #NetMeteringPakistan #RenewableEnergy #PakistanBudget2026 #SolarPanels #IMFIsolars #GreenEnergy

LESCO budget runs out for the purchase of new equipment, the tender may be canceled

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More News about LESCO LESCO budget runs out for the purchase of new equipment, the tender may be canceled The budget for the purchase of materials for development works in LESCO has run out, 4,000 new transformers are pending, Tenders will be canceled if Rs 1.70 billion is not arranged. To buy 4,000 new transformers for industries, business centers, and residential areas in LESCO . Separate tenders have been approved for which a total of Rs 1.70 billion has to be paid. If funds are not arranged by April 4, the tenders will be canceled. The budget has been depleted due to high cost of equipment, sources said, adding that prices of transformers have doubled in one year. A request has been sent to the director, the transformers in the stores have run out, it has become difficult to buy goods due to high prices and no company is ready to sell goods at official prices, a LESCO spokesperson said in a statement. Money of funds Considers the appearance.