CPPA seeks Rs1.23 per unit hike in power tariff
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has been asked to increase power price by Rs1.23 per unit under the head monthly fuel...
US regulators sue VW over emissions scandal
WASHINGTON: US stock regulators have sued Volkswagen over the emissions cheating scandal, alleging the German automaker committed fraud by raising billions in corporate...
Pakistan aims to produce 60pc clean electricity by 2030
Minister says implementation of new renewable energy policy will drastically reduce carbon footprints
ISLAMABAD: The government has planned to increase the share...
Mitsubishi keen to enhance investments in Pakistan, PM told
PM reiterates his commitment to creating a business-friendly environment for foreign investors
ISLAMABAD: Kimihide Ando, the chief executive of Japan's largest trading company,...
Pakistan, Turkmenistan to form JWG on electricity transmission line
'Govt envisions opening new vistas of regional electricity trade, besides offering exponential investment opportunities to entrepreneurs'
ISLAMABAD: Pakistan and Turkmenistan will establish a...
Centre, provinces owe Rs42.4bn to DISCOs, Senate told
Minister says power generation companies have sustained a total loss of 79 million electricity units during the last two years
ISLAMABAD: Energy (Power...
‘Govt committed to eradicating power theft, load shedding’
HARIPUR: Water and Power Minister Omer Ayub Khan said on Tuesday that the government was determined to eradicating electricity theft and load shedding...
DISCOs seek Rs1.80 per unit hike in power tariff
Power distributing companies have accumulated a loss of Rs201bn in the first two quarters of FY19
ISLAMABAD: The Task Force on Energy Reforms...
Govt issues Rs200bn ‘Pakistan Energy Sukuk’
In order to resolve the country’s circular debt, the federal government has issued the first Pakistan Energy Sukuk of Rs200 billion.
The Sukuk...
878km HVDC transmission line project achieves financial close
The Matiari-Lahore transmission line is scheduled to commence commercial operations by March 2021
The facility will primarily be utilised to transmit...
Omar Ayub Khan inaugurates training simulator at NTDC
LAHORE: Energy (Power Division) Minister Omar Ayub Khan and Embassy of Japan Deputy Chief of Mission Yusuke Shindo jointly inaugurated the Technical Services...
Pakistan may turn to Islamic banks for second $1.4 billion loan: official
The arrears, known as “circular debt”, stand at more than 1.4 trillion rupees ($10.1 billion)
Asia’s surging fuel exports depress refining industry profits
Since 2006, the Asia-Pacific has been the world’s biggest oil consuming region, led by traditional industrial users South Korea and Japan along with rising economic powerhouses China and India
Asian shares mostly lower as investors watch trade talks
Japan’s benchmark Nikkei 225 slipped 0.5 percent to 21,368.54 in morning trading and Australia’s S&P/ASX 200 gained 0.5 percent to 6,170.30
Oil prices fall as U.S. crude output hits record 12 million bpd
International Brent crude futures were at $66.87 per barrel at 0326 GMT, down 20 cents, or 0.3 percent, from their last close