The National Assembly Standing Committee on Energy on Thursday was informed that just 22 percent of the corporate social responsibility… Read More
Hubco to Install EV Charging Stations on Motorways, Highways, Major Cities
The Hub Power Company Limited (PSX: HUBC) has announced plans to install electric charging stations across the country, the company… Read More
K-Electric Consumers Likely to Get Tiny Relief in Upcoming Electricity Bills
K-Electric has requested the National Electric Power Regulatory Authority (NEPRA) to pass a reduction of 16 paisas per unit in… Read More
Germany Asks Army Chief General Asim Munir to Help With IPP Settlement
German envoy Alfred Grannas has asked Chief of Army Staff General Asim Munir to help renegotiate contract termination for Siemens,… Read More
LESCO Exposes Major Unpaid Bills Among Government Departments
The Lahore Electric Supply Company (LESCO) has named several federal and provincial government departments that have yet to pay their… Read More
Gas Companies Seek Price Hike of Up to 54%
Pakistan’s two gas distribution companies, Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL) have sought… Read More
Foreign Govts Unhappy With Pakistan’s Treatment of IPPs
Pakistan has started getting worrying messages from other foreign governments over recent “one-sided” deals with Independent Power Producers (IPPs). The… Read More
PPL Profit Down 20% to Rs. 23.6 Billion in Q1 FY25
Pakistan Petroleum Limited (PPL) announced its 1QFY25 result today, where the company recorded earnings of Rs. 23.6 billion (EPS of… Read More
Pakistan Likely to Secure $1.2 Billion Saudi Oil Facility in December
A high-level Saudi delegation will likely visit Pakistan by December 2024 to finalize the terms of a $1.2 billion oil… Read More
10 IPPs Now Want to Terminate Their Contracts Over Unfair Terms
Ten Independent Power Producers (IPPs) established under Pakistan’s 2002 Generation Policy have approached Prime Minister Shehbaz Sharif and are looking… Read More
OGRA Approves 266,000 Metric Tons of Diesel Imports Amid Soaring Local Sales
The Oil and Gas Regulatory Authority (OGRA) has rebutted news that the country is carrying healthy stocks of HSD and… Read More
Intelligence Report Accuses Senior LESCO Officials of Corruption
An intelligence agency report submitted to Prime Minister Shehbaz Sharif has revealed corruption allegations against multiple senior officers within the… Read More
