How did HUBCO earn its highest ever profit? 

Higher incomes from associated companies, a faltering Rs, and having your Thar based power plants come online make for a nice bottom line 

Power plants installed during PMLN’s tenure helped end power crisis, says Razak Dawood

ISLAMABAD: Adviser to the Prime Minister for Commerce, Textile, Industry, Production and Investment Abdul Razaq Dawood on Saturday gave credit to the...

Govt increases petrol price by Rs25.58

LAHORE:The federal government on Friday announced an increase in the prices of petroleum products with a Rs25.58 per litre increase in the...

Diamer-Bhasha dam contract awarded to Power China-FWO

The Rs442bn agreement includes construction of main dam, diversion system, access bridge and 21MW Tangir Hydropower Project

Conversion of CNG vehicles to RLNG to cut oil import bill by 20pc: PEW

ISLAMABAD: Pakistan Economy Watch (PEW) Chairman Brigadier (r) Aslam Khan on Saturday lauded the move of the government to promote the use...

KP govt set to complete seven hydel power projects by year-end

The projects are being constructed in Mansehra, Shangla, Swat, Lower Dir, Chitral and Kurram districts

New chairman has straightforward plans for OGDCL

'The only way forward is to keep drilling new wells, keep experimenting' ISLAMABAD: Dr Qamar Javaid Sharif, the newly-appointed board chairman of the...

OGDCL begins commercial production from two newly discovered wells

ISLAMABAD: Oil and Gas Development Company (OGDCL) on Thursday announced that it has started commercial production of gas from two newly discovered...

Oil theft from PARCO pipeline uncovered in Karachi’s Bin Qasim area

FIR reveals culprits leased a warehouse and tapped into the PARCO pipeline to steal diesel

FIA arrests more accused in IESCO billing fraud probe

ISLAMABAD: The Federal Investigation Agency's Anticorruption Circle (Islamabad) has arrested three more accused in the Islamabad Electric Supply Company (IESCO) billing fraud...

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

Govt announces Sitara-e-Imtiaz for team that saved $1.2bn penalty in Karkey case

The highest civilian award, Sitara-e-Imtiaz, has been announced for the team which helped save a $1.2 billion penalty on Pakistan in the...

Sky Electric launches Pakistan’s 1st Smart Energy System

US-based Sky Electric has launched its operations in Pakistan to provide smart and clean energy solutions, on Monday. An event to inaugurate...

CDWP approves 26MW hydropower project in GB after 11-year delay

Shagharthang Hydropower Project, which was initially approved in 2009 at an estimated cost of Rs3.3bn,will now be completed at Rs8.6bn

NEPRA approves Rs4.26 hike in power rates for five months

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs4.26 in the per-unit price of electricity for five...