Pakistan is losing Rs. 227 billion annual tax revenue as 10 million liters of Iranian petrol and diesel enter Pakistan per… Read More
Govt Finally Considers Settling $2 Billion Outstanding Dues Of Chinese IPPs
The government is considering paying off nearly Rs. 550 billion ($1.98 billion) dues owed to Chinese Independent Power Producers (IPPs)… Read More
Treet Battery Ltd Enters Joint Venture With Leading Chinese Solar Company
Treet Battery Limited (PSX: TBL) has entered a new venture with a leading Chinese solar company, the auto-parts maker informed… Read More
Mari Petroleum Posts Rs. 51.6 Billion Profit in 9 Months of FY24
Mari Petroleum Company Limited (MARI) announced its financial result today, posting a bottom line of Rs. 51.629 billion during 9MFY24… Read More
Hascol Allows Millat Global to Proceed With Acquisition Talks
Hascol Petroleum Limited (PSX: HASCOL) has conditionally accepted an offer from Millat Global Holdings to proceed with negotiations and documentation… Read More
Mari Petroleum to Invest Rs. 2.5 Billion in Mining Subsidiary
The Board of Directors of Mari Petroleum Company Limited (PSX: MARI) in its meeting held on April 26, 2024, approved… Read More
PSO Posts Remarkable Rs. 16.6 Billion Profit For 9 Months of FY24
Pakistan State Oil (PSO), the leading energy company, maintained its industry dominance and demonstrated steady performance in nine months of… Read More
Govt Likely to Decrease Petrol, Diesel Prices Next Week
MS petrol and High-Speed Diesel (HSD) prices are expected to fall next week due to a decline in international oil… Read More
Govt Planning to Drastically Reduce Solar Net Metering Buyback Rates
The government is considering reducing buyback rates for net metering electricity, potentially lowering them from the current Rs. 21 to… Read More
Here’s Why Petrol Pumps Could Shut Down Across Pakistan Soon
Petrol pumps may get closed across Pakistan soon as refineries struggle to cope with declining fuel sales and an abundance… Read More
Chinese Power Giant Again Withdraws Offer to Acquire Majority Stake in K-Electric
China’s Shanghai Electric Power Company has withdrawn its public announcement of intention (PAI) for acquiring up to 66.40 percent ordinary… Read More
Punjab Announces Free Solar System for 50,000 Households
Chief Minister Punjab Maryam Safdar has announced free solar systems for 50,000 households in a bid to promote renewable energy… Read More
