SSGC swings to Rs. 8.29 billion profit in FY24, up 1,092% YoY
Gas utility rebounds from last year's loss, stock price rises by over 7%, auditor flags doubtful receivables as key risk
Karachi residents to get PKR 3.64/unit relief in May bills
NEPRA notifies relief of PKR 3.64 per unit for K-E consumers under February 2025 FCA
Textile exporters call for tariff revision to address industrial electricity billing discrepancies
Pakistan Textile Exporters Association seeks a more efficient tariff structure to incentivise higher-voltage connections and reduce system inefficiencies
SBP injects Rs 13.1 trillion into market through OMOs
Central bank conducts market operations to manage liquidity and maintain stability
Mari Energies announces gas discovery at Soho-1 Well in Sindh
Company reports a significant gas discovery at Soho-1 well in the Sujawal Block, with gas flowing at impressive rates.
CPPA-G projects reduction in power purchase price by Rs 0.30 to Rs 2.25 per unit for FY 2025-26
Price reduction forecast based on varying scenarios of demand, fuel prices, and exchange rates
Punjab clears pilot program for 1,100 e-taxis
Solar-powered charging stations to be set up for 1,100 e-taxis
Govt plans nationwide switch to energy-efficient DC fans
Initiative aims to save 5,000 MW of electricity annually
129 large industrial units in Khyber Pakhtunkhwa face closure due to financial challenges
Of 218 large industrial units, 129 are struggling with financial difficulties, while 991 small units remain operational across the province
Govt proposes reconstitution of LNG import committee after seven years of stalled consensus
Petroleum Division seeks to revive efforts to address LNG import issues and resolve Sindh's concerns
OPEC+ poised to approve another oil output hike for June amid weak price environment
Supply increases come as Saudi Arabia signals unwillingness to extend deeper cuts; Brent falls to $61.29 per barrel
FBR seals clothing brand’s outlets over Rs100 million tax evasion, suspects money laundering
Sowears’ operations under investigation for undeclared international business and illegal transactions
Nepra transfers transmission licence from NTDC to new Independent System and Market Operator
Move represents a pivotal step towards establishing a competitive private power market in the country
NEPRA defers final decision on FCA and quarterly adjustment relief
Quarterly and monthly relief proposals under review amid summer price hike warnings
Power sector circular debt rises to Rs2.396 trillion
Overall circular debt down by Rs398 billion from last year