Govt signs financial advisory deal for privatisation of three DISCOs
Advisory group will conduct due diligence, investor outreach, transaction structuring, and assist in the bidding processÂ
Over 100 spinning mills shut down as textile sector faces crisis: Aptma
Failure to address anomalies in the Export Facilitation Scheme is pushing the spinning industry towards collapse, warns textile body
ILO report highlights vulnerabilities in Pakistan’s cotton supply chainÂ
Overall cotton arrivals drop 34% to 5.51 million bales as of January 31; Punjab sees 39% drop, Sindh suffers 32% decline in arrivals
Sub-standard steel continue to haunt formal industry
The issue of quality standards is a question of very fundamental safety
A 5% rise in petrol consumption indicates stability in consumer spending
The rise in diesel consumption may indicate an increase in commercial transportation and agricultural production
PM vows further electricity tariff cuts for households, industries
Power sector overhaul struggles with slow progress on privatisation, transmission upgrades, and tariff reforms
Pakistan to renegotiate LNG deal with Qatar for better pricing
Government seeks cost-effective energy as Sindh lawmakers demand fair gas distribution
OMC sales rise 8% in January as anti-smuggling measures boost demand
Petrol sales reach 625,000 MT, diesel at 600,000 MT; PSO’s market share drops to 42.8%
Ghani Chemical signs gas supply deal with Mari, OGDCL; plans processing facility in Balochistan
GCIL to get 3 MMSCFD gas from Maiwand-X1 discovery in Kohlu; anticipates over Rs3.5 billion in revenue annually
OGDCL commences production from Bettani-2 appraisal well in Khyber Pakhtunkhwa
Well produces 8.5 MMSCFD of gas and 610 barrels per day of oilÂ
Pakistan LNG Limited to divert two cargoes to international market
Decision follows reduced demand for RLNG in power generation sector
Mepco’s Rs119bn investment plan faces hurdles amid Rs41.8bn financial losses
Nepra questions feasibility as power utility struggles with bill recovery and high line losses
Govt plans to revise rooftop solar tariff policy to address burden on grid consumers
Proposal to reduce solar buyback tariff from Rs21 per unit to Rs 8-9 per unit aims to balance benefits for all stakeholders
Colony Textile Mills to shut down weaving division amid ongoing challenges
Company exploring sustainable options to revive operations in parts or entirety
High electricity costs push 187 textile mills to shut down
Punjab hit hardest with 147 closures, as high power costs cripple textile industry nationwide