One more round of circular debt restructuring and why it still won’t fix the problem
The new instrument is an innovative structure to help ensure that the problem at least creates partial self-correcting mechanisms, but the government is still punting on the reforms needed for a permanent fix
Declining production hits PPL’s bottom line
Net income fell 19% due to a combination of falling production and falling prices
Shanghai Electric finally pulled the plug on K-Electric. What comes next?
The withdrawal of Shanghai Electric has been a foregone conclusion for at least two years now, but it still marks a dark moment in Pakistan’s business history
Electricity generation finally stabilizing after two years of declines
Government policy may finally be encouraging more use of grid electricity by industrial users
JS to consolidate energy investment vehicles
Move could signal a commitment to consolidate disparate energy initiatives under one roof
Attock Refinery: cash-rich, policy-ready and poised for a once-in-a-generation upgrade
The fortress balance sheet gives the company a distinct advantage in pursuing the kind of capital expenditures that have eluded some of its competitors
Power sector circular debt has reached its Rubicon
A nervous hush has fallen over policy circles as Pakistan's circular debt resolution approaches its defining moment
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
At PSO, circular debt stops growing
Consumer spending recovery helps stabilize company; better policy results in at least a stemming of the bleeding; and electric charging stations help prepare for the end of the age of oil
Saif Power struggles in life outside guaranteed returns contracts
Profits exist, but margins are meager relative to the old heyday, and the company has no clear plans for growth
Pakistan’s solar revolution: the paradox of too much supply
Pakistan’s electricity sector is at a paradoxical juncture, with expanded generation capacity and deepening financial crisis
Ali Asghar Textile to set up solar power plant
Company plans to install a 1,250 kW plant on its rooftop in a further blow to the grid
Why Liberty Power backed out of buying out Engro’s energy business
A week after the acquirer announced it was backing out, Engro clarifies what happened: Liberty got cold feet
Pakistan’s oil and gas reserves see first growth since 2020
The difference may not mean much in the long run, but represents good news after years of decline
Petroleum sales surge 5% in March due to Ramazan and Eid
Intercity travel, coupled with general increased consumption led to volumetric increase in sales for fuel retailers