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 decisionÂ
The fate of the Taseers
The financial costs of opposing the blasphemy law in Pakistan?