Textile units may need NOC for subsidies over unpaid cotton cess
PCCC explores recovery mechanisms and plans a National Cotton Conference for sustainable sector growth.
ADB approves $200mn loan to modernise power distribution infrastructure in PakistanÂ
At least 332,000 advanced metering and data management systems and 15,800 online transformer performance monitors will be installed in LESCO, MEPCO, and SEPCO
K-Electric attracts lowest bids for 150 MW solar projectsÂ
Nepra praises the Karachi-based power utility for its integration of sustainable energy into the power generation mix
Power sector losses exceed Rs660 billion in FY24 as inefficiencies rise
Transmission and distribution leakages alone accounted for an estimated Rs281 billion of the total losses
84 Pakistani textile mills blacklisted by ICA for defaulting on cotton deals
Mills banned from international cotton markets; Crescent Fibres, Mausummery Lawn, Din Industries among banned factories
Extreme heat threatens apparel hubs in Pakistan, Bangladesh, and Vietnam: report
Extreme heat and flooding could erase $65 billion in apparel export earnings from Bangladesh, Cambodia, Pakistan and Vietnam by 2030
NEPRA approves transition from LIBOR to SOFR for power producersÂ
New interest rate formulas to impact 59 IPPs, effective from July 1, 2023
Rs1.96/unit uniform tariff adjustment approved for first quarter FY2024-25Â
Quarterly adjustments aimed at recovering Rs1.187 billion from Discos and K-Electric consumers in December bills
Sui Southern Gas Company reports significant profit turnaround
Gross profit rose by 114% YoY for the quarter ending Sep 2023
Revised agreements with IPPs to cut electricity tariffs by Rs5/unit, says energy minister
Leghari announces government will stop purchasing electricity from Independent Power ProducersÂ
Govt renegotiates Power Purchase Agreements with eight IPPs
Remaining deals are expected to be finalised in the next two weeks; deals aim to save billions for consumers
Interloop aiming to hit $700 million in revenue by 2026
Interloop Limited (ILP), one of Pakistan’s largest publicly listed textile firms, is charting an ambitious growth trajectory, aiming to hit $700 million...
Korean hydropower projects in limbo as Power Division withholds approvals
Foreign investors demand policy consistency, revised tariff criteria
Consumers may face incremental tariff of Rs26.07/unit under Winter Demand Initiative
NEPRA schedules public hearing on subsidy-neutral scheme targeting increased winter electricity use
Nepra warns Discos, K-Electric to resolve overbilling issues or face legal action Â
Regulator outlines pro-rata billing adjustments to protect consumers Â