KP’S Local Government Department utilised 7% development funds in two months
PESHAWAR: The Khyber Pakhtunkhwa (KP) Local Government Department has utilised only 7% of the development funds allocated to it, in the past...
Shell to sell home energy business in UK, Germany to Octopus Energy
Shell (SHEL.L)Â said on Friday it would sell its home energy business in the UK and Germany to British energy supplier Octopus Energy...
Russia faces domestic fuel crunch, braces for more shortages
Russia, one of the world's biggest oil producers, has faced shortages of fuel crucial for gathering the harvest in some parts of...
Amid public outcry, electricity rates expected to surge by Rs1.58 per unit under FCA of July
NEPRA official said that the Sahiwal coal based plants had imported coal when prices were high at $400 per ton.
Oil rises on US stockpile draw and hurricane jitters
Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest...
Fuel Price Forecast: Massive oil price hike estimated for first half of September
ISLAMABAD: Already burdened masses should get ready to bear a jolt in the form of massive oil price hike as per litre...
Mounting electricity prices strain Pakistani households, businesses: FPCCI President
In a press conference held in Lahore, Irfan Iqbal Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...
Senate Committee lambasts IPPs for Pakistan’s electricity woes
Senate Committee wants IPPs to face the heat as capacity payments in the current fiscal year rise to Rs 1.3 trillionÂ
Battle for K-Electric heats up
Statement comes following both parties having declared victory in the Cayman Grand Court’s ruling about K-Electric’s board of directorsÂ
Big electric shock of Rs 5.40 per unit hike on the cards
ISLAMABAD: The government on Wednesday asked the National Electric Power Regulatory Authority (NEPRA) to recover Rs 5.40 per unit increase in power...
Understanding K-Electric’s Cayman legal battleÂ
Both parties have declared the court to have ruled in their favour in round 2 of the battle over control of K-ElectricÂ
As Afghanistan slashes coal prices again, can cement and power companies profit?Â
Royalties slashed by Rs 1,060 per ton, and customs duties slashed by Rs 4,400 per tonÂ
Facing continued losses, provincialisation of DISCOs issue to go to caretaker cabinet
The companies have suffered Aggregate Technical & Commercial Losses of more than Rs292bnÂ
Supernet Technologies born after SuperInfra’s acquisition of Hallmark
New entity to allow Supernet to shift to the main PSX board after its subsidiary acquired 81.4% of Hallmark
Circular debt is at Rs 2.31 trillion. What does it mean?
Figure represents an increase from the end of FY 2022, but a contraction from April 2023