The federal government is finalizing four new options to shift 18 Independent Power Producers (IPPs) from ‘take or pay’ to… Read More
Pakistan Petroleum Commences Oil and Gas Production in Potohar Region
Pakistan Petroleum Limited (PSX: PPL) has started production of oil and gas at the Adhi South-9 well in the Potohar… Read More
ACM Group of Industries Celebrates Consecutive Wins: Brand of the Year & Best Battery Manufacturing Company of the Year Excellence 2023-24
ACM Group of Industries is proud to announce two prestigious wins: “Brand of the Year 2023-24” and “Best Battery Manufacturing… Read More
PSO Likely Beneficiary of Ongoing HUBCO Contract Termination
The ongoing premature termination of the Hub Power Company Limited’s (PSX: HUBC) contract with the federal government will likely help… Read More
OGRA Asks Govt to Increase Margins for OMCs, Dealers
The Oil & Gas Regulatory Authority (OGRA) has recommended increasing margins for oil marketing companies (OMCs) and petroleum dealers. In… Read More
Consumers Will Get Rs. 60 Billion Relief Per Year As Govt Terminates IPP Contracts
The government on Thursday announced the termination of the power purchase agreement with five Independent Power Producers (IPPs) which Prime… Read More
High Electricity Prices is Mostly Harming Poor People in Pakistan: World Bank
The World Bank revealed that high energy prices in Pakistan disproportionately impact the poor, as only 55 percent of electricity… Read More
Hub Power Company Signs Settlement to Terminate Contract With Govt
The Hub Power Company Limited (PSX: HUBC) has signed a settlement agreement to terminate its contract with the federal government… Read More
Petrol, Diesel Prices Likely to See Big Increase Next Week
MS petrol and High-Speed Diesel (HSD) prices are expected to increase next week due to an abrupt spike in international… Read More
HUBCO to Decide on Premature Termination of Its Contract With Govt Tomorrow
The Board of Directors of the Hub Power Company Limited (PSX: HUBC) will meet tomorrow to decide on the terms… Read More
Finance Ministry Clarifies Reports Linking Killed Chinese Engineers to Ongoing IPP Talks
The Finance Division has clarified news media reports linking the two deceased Chinese engineers killed in an explosion in Karachi,… Read More
K-Electric CEO Calls for Tech-Driven Power Revolution
Moonis Alvi, CEO K-Electric, emphasized the importance of continued investment and technological innovation to improve Pakistan’s power sector during his… Read More
