Pakistan State Oil Company Limited (PSX: PSO) has approved a loan facility of Rs. 3.15 billion for Pakistan Refinery Limited… Read More
OGDC Begins Gas Production At Exploratory Well in Sanghar District, Sindh
Oil and Gas Development Company Limited (PSX: OGDC) has announced that production has commenced at the exploratory well Baloch-2 in… Read More
Electricity Prices Likely to Go Down for November Bills
Power consumers are likely to receive a refund of Rs. 0.7057 per unit on their November 2024 electricity bills after… Read More
OGDC Announces Gas Discovery in Sindh
Oil and Gas Development Company Limited (PSX: OGDC) has announced the gas discovery from Sawan South Block lower Goru B… Read More
K-Electric Obtains Take or Pay Power Generation Agreement
K-Electric has managed to obtain IPPs type tariff for its power generation segment compared to the earlier model which was… Read More
Govt Successfully Renegotiates Power Agreements With 8 More IPPs
The Energy Task Force has successfully renegotiated deals with eight bagasse-fired Independent Power Producers (IPPs), which will potentially save the… Read More
Finance Minister Optimistic on Getting Big Energy Debt Relief from China
Finance Minister Muhammad Aurangzeb said Pakistan’s request to extend energy sector debt payments has been met with an encouraging response… Read More
FESCO Shares Electricity Shutdown Schedule for Wednesday
Faisalabad Electric Supply Company (FESCO) has issued a shutdown program for Wednesday due to necessary repair, maintenance, and expansion of… Read More
Altern Energy Subsidiary Decides to Terminate Power Contract With Govt
Rousch (Pakistan) Power Limited (RPPL), a subsidiary of Power Management Company (Private) Limited, has referred the federal government’s proposal for… Read More
LESCO Faces Rs. 16.2 Billion Loss Due to Widespread Power Theft
The Lahore Electric Supply Company (LESCO) is grappling with severe electricity theft, with a reported daily loss of 3 million… Read More
NEPRA Imposes Rs. 50 Million Fine On Power Generation Company
The National Electric Power Regulatory Authority (NEPRA) has fined Central Power Generation Company Limited (CPGCL) Rs. 50 million for false… Read More
PRL Denies $1 Billion Investment Agreement With Chinese Company
Pakistan Refinery Limited (PSX: PRL) has denied media reports of entering a commitment with any Chinese company. “News clipping dated… Read More
