Incumbent regime allegedly all out to ensure sale of K-Electric

The incumbent government is allegedly all out to ensure the sale of Abraaj Group’s shares in K-Electric to Shanghai Electric Power.

LCCI for advanced power transmission, distribution system

The LCCI President Malik Tahir Javaid said that country has witnessed some massive power shutdowns that have plunged the country into darkness.

In the middle of power crisis, federal secretary power goes on leave

At least four issues stood out in the tug of war – a dispute over the bidding of Jamshoro power plant, termination of advanced metering, K-Electric and a series of site-specific LNG-based power projects in Punjab on a government-to-government basis with Qatar

Neelum-Jhelum Unit 4 hits snags days after passing trial runs

The NJHP’s unit-4 had started trial generation last month and it continues to pass through various tests required for commercial operation. The unit has injected more than 1.3 million units of electricity during the test run

Govt refuses to intervene in revoking PSO-PNSC oil supply deal

It was also highlighted in the ECC meeting that a major reason for acute petrol shortages in January 2015 was late arrival of two PNSC vessels despite timely opening of letters of credit by PSO

Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018

KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.

Inquiry report over Wednesday’s power blackout submitted to PM

ISLAMABAD: The massive power breakdown that left Khyber Pakhtunkhwa, Punjab and the Federal Capital without electricity for many hours on Wednesday was caused...

PM discusses tax exemptions, new LPG plants, gas prices in ECC meeting

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here at Prime Minister’s...

New load-shedding schedule for industrial sector unacceptable: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday said the new schedule of ten-hour load shedding for...

Participants oppose gas price increases for SNGPL and SSGCL

ISLAMABAD: Opposing SNGPL’s and SSGCL’s plea to increase their gas prices for the financial year (FY) 2018-19, participants of OGRA’s hearing have...

Govt focusing on enhancing exports to strengthen economy: Miftah

Minister for Finance Miftah Ismail has said that country's exports have increased while imports are decreasing due to effective policies of the government.

Master Wind Energy applies for listing on PSX

Master Wind Energy Limited, achieved commercial operations status on 14 October 2016 and was its first jump into the realm of renewable energy

Oil prices near $80 per barrel, as supplies tighten

The International Energy Agency (IEA) said on Wednesday that it had lowered its global oil demand growth forecast for 2018 from 1.5 million barrels per day (bpd) to 1.4 million bpd

TAPI gas pipeline to fulfil international, local environmental laws

ISLAMABAD: Parliamentary Secretary for the Ministry of Climate Change Romina Khurshid Alam said the government is making efforts to ensure that the...

Industries to bear ten-hour power outages in Ramzan

Former APTMA chairman Ijaz Gohar said exports could nosedive by $500 million a month if the 10-hour power outages schedule got enforced