Employees of WAPDA, DISCOs and others to continue getting free electricityÂ
Across six DISCOs, the benefits in terms of just electricity units given to retired employees stand at an average of Rs 664mn per year from 2017 to 2025.
Pakistan signs $2.4bn agreement for 1,124MW Kohala Hydropower Project
ISLAMABAD: A tripartite agreement was signed on Thursday between a Chinese company and the governments of Pakistan and China for the construction...
CPPA proposes 21 paisa per unit hike in power tariff
ISLAMABAD: The Central Power Purchasing Agency (CPPA) has recommended the National Electric Power Regulatory Authority (NEPRA) to increase electricity tariff by 21...
Zero-rated tariff on capital goods urged: FPCCI
ISLAMABAD: FPCCI Budget Advisory Council Senior Vice President and Chairman Syed Mazhar Ali Nasir in the budgetary proposals prepared under his guidance...
Govt drafting strategy to boost pulses’ production
Minister for National Food Security and Research Sikandar Hayat Khan Bosan while addressing a news conference on Friday has informed that the...
Market Daily: Key policy rates remain unchanged, indices settle positive
LAHORE: On its last trading day of the week, the KSE 100 index witnessed a range bound session amid significant drop in...
CCoE gives approval for import of LNG
CCoE has instructed the petroleum division to move forward with the development of the LNG infrastructure needed to transport additional LNG from Port Qasim to Pak Land
Foreign exchange reserves down by 1.5 pc: SBP
KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) amounted to $11.94 billion on March 16, down 1.5 per cent...
Local retail pivot helps Gul Ahmed surge
The companies’ sales jumped 60% to Rs53 billion to Rs86 billion in 2021
Artistic Denim Mills production doubles, as Pakistani textile exports stagnate
KARACHI: In all the hurrah of stagnating textile exports from Pakistan, one company Artistic Denim Mills is setting itself apart from its...
Mixed quarter for the cement industry comes to an end
ISLAMABAD: According to data released by the All Pakistan Cement Manufacturers Association, the cement dispatches for the month of September have declined...
Power ministry resorts to additional subsidy as circular debt mounts
With energy companies facing a looming default crisis and warning the government of invoking sovereign guarantees, the Ministry of Water and Power...
US crude production rose by 6,000 barrels per day in January: EIA
WASHINGTON: U.S. crude production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the Energy Information...
NEPRA denies NAB access to tariff consultant
'NAB had sought tariff consultant's assistance for investigation against those IPPs that earn abnormal profits'
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA)...
PM appoints Saeed Ahmad as President NBP
Prime Minister Mian Muhammad Nawaz Sharif has appointed Saeed Ahmad as President National Bank of Pakistan (NBP). Saeed has been serving as...