Govt mulls lifting gas connection ban as LNG surplus strains supply chain

Over 3.5 million applications for new gas connections are pending with Sui companies, while LNG underutilization and the shift of industry to petroleum have also contributed to a gas surplus

Gul Ahmed profits dragged down by energy costs, declining US and UK sales

Company intends to spend the bulk of its free cash flow investing in increasing its own electricity generation

Mari profits rise on the back of increased production

New fields, and stable prices, have allowed the company to generate higher revenue and cash flow

Nepra approves revised uniform tariff for FY 2025-26 amid industry concerns

New tariff set at Rs 31.59/kWh, a reduction from Rs 32.73/kWh; concerns raised over impact of tariff changes on industries and continued reliance on government relief

Russia ready to assist Pakistan Steel Mills expansion

Russia has offered assistance in the expansion of Pakistan Steel Mills (PSM). The 200 Russian companies are keen to explore opportunities in Pakistan, a top Russian leader said here on Friday.

FBR Launches AI-Powered Customs Clearance System to Boost Efficiency

New RMS aims to reduce human intervention and accelerate trade operations

Pakistan’s textile exports fall 7.36% from FY22, despite 7.22% increase in FY25

Textile exports in FY25 reached $17.88 billion, showing a positive growth compared to FY24 but still lagging behind $19.3 billion recorded in FY22

Govt to tighten solar net metering regulations, introduce revised buyback plan: report

New policy replaces net metering with net billing, shifting from quarterly credit billing to monthly cash payments for excess electricity

Beco Steel: From the ashes of one rises another

The steel maker took over Ravi Textile in 2021 and is seeing stellar performance in its recent financials

5G spectrum auction delayed by four months over Telenor-PTCL merger deadlock

Regulatory delays and geopolitical tensions stall Pakistan’s 5G rollout, threatening digital connectivity targets for 2025

Petrol, diesel prices slashed by Rs2 for April 2018

ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...

Power demand shrinks 3.6% in FY25 due to tariff hike, weak industry

Electricity consumption in Pakistan declined by 3.6 percent during the first nine months of the ongoing fiscal year, reflecting the impact of...

KP loses Rs583 million per day due to electricity theft and technical inefficiencies, report reveals

PESCO report shows province lost Rs193.4 billion in 11 months, with Bannu facing the highest losses at 73.86%; Losses attributed to political interference, lack of cooperation from local authorities, and outdated infrastructure

Solar panel prices surge ahead of 18% sales tax takes effect

Traders blame importers for price hike, PSA voices strong opposition to proposed tax, urges government to reconsider its decision 

The fate of the Taseers

The financial costs of opposing the blasphemy law in Pakistan?