Engro realises promise of indigenous power production for Pakistan

Engro Powergen Thar (Private) Limited (EPTL) – a majority owned company of Engro Energy – and Sindh Engro Coal Mining Company (SECMC) – a...

Power theft caused financial loss of Rs45bn in FY18: NEPRA

The national exchequer has borne a huge financial loss of more than Rs45 billion due to electricity theft and other damages during...

K-Electric posts Rs10.4bn profit for FY17

The Board of Directors of K-Electric Limited has approved the company’s financial results for the year ended 30 June 2017, a private...

Clean energy production among top govt priorities: PM

ISLAMABAD: Prime Minister Imran Khan said on Tuesday that an increase in the production of clean energy was among top government’s priorities. “Production...

Oil production cuts weigh on Saudi growth in first quarter

DUBAI: Saudi Arabia’s economic growth more than halved on a quarterly basis to 1.66 per cent in the first quarter of this...

Rs147mn to be spent on up-gradation of HDIP labs

ISLAMABAD: Hydrocarbon Development Institute of Pakistan (HDIP) would execute two projects worth Rs147.960 million fort up-gradation of its testing laboratories in different cities...

SNGPL, SSGCL to lay 13,599km long gas pipelines in 2019-20

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL), under a strategy to reinforce and expand their transmission...

Gas prices to increase from July 1: OGRA

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Sunday issued a notification intimating increase in gas sale prices which would be effective from...

No increase in power tariff for consumers using up to 300 units: minister

ISLAMABAD: Power Division Minister Omar Ayub Khan said on Saturday that there would be no increase in tariff for the domestic electricity consumers...

NAB initiates inquiry against Sahiwal, Port Qasim power plants

ISLAMABAD: Alarmed by the high tariff granted to Sahiwal and Port Qasim coal-fired power plants, the National Accountability Bureau has initiated an inquiry...

ECC okays up to 190pc rise in gas price

The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved up to 190 per cent hike in natural gas tariff for...

NEPRA hikes power tariff by 10 paisa per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday allowed an increase of 10 paise per unit in the power tariff for...

CPPA proposes 21 paisa per unit hike in power tariff

ISLAMABAD: The Central Power Purchasing Agency (CPPA) has recommended the National Electric Power Regulatory Authority (NEPRA) to increase electricity tariff by 21...

Govt to pursue corruption charges against Karkey in rental power project

LAHORE: The government of Pakistan has decided to sever all efforts to reach an out of court settlement with the Turkish company...

Second Pakistan energy sukuk worth Rs200bn launched to pay circular debt

Earlier, in March, the government issued the first tranche of bonds worth Rs200 billion and Meezan Bank was the largest investor in the Sukuk with the participation of Rs88 billion