The solar glut has come to Pakistan
As consumers embrace off-grid alternatives, the grid's sustainability comes into question
Govt proposes new financial model for IPPs to cut capacity payments
Government plans to replace the existing “take-or-pay” model with “take-and-pay” model for the remainder of the plants’ operational life
Germany objects to terms of Pakistan’s IPP agreements, cites concerns over deal with Rousch Power
This protracted issue could potentially cast a shadow over future bilateral relations and affect investor confidence, says German official
Textile exporter to partially shut its weaving unit due to economic strain
Increased power costs and non-availability of quality cotton forces Ghazi Fabrics International to limit its operations
Pakistan cuts debt to Chinese energy projects by 2.5% in first quarter
Outstanding debt reduced from $1.8 billion to $1.4 billion for power projects established under CPEC
National Industrial Policy to be finalized this month, says Minister for Industries
Policy aims to boost local industries and attract foreign investment, focusing on green energy initiatives
TEXPO Pakistan 2024 kickstarts in Karachi with focus on textile, leather industries
Three-day international exhibition draws hundreds of foreign buyers and exhibitors, aiming to strengthen Pakistan's trade ties and showcase local craftsmanship.
Govt approves termination of power deals with five IPPs
This decision is expected to save Rs60 billion annually for consumers, and Rs 411 billion for the national kitty; PM terms it the beginning of a larger process
Hubco, Lalpir call emergency meetings as govt moves to terminate IPPs agreements
Energy sector faces uncertainty as IPPs consider government’s early termination proposal
Four IPPs initiate termination of power deals
Consumers can see up to Rs7/unit reduction in tariffs after successful renegotiations of deals, says Power Minister
UAE’s Adnoc-backed company seeks to invest in LNG import terminals in Pakistan
There is a lot of potential in India, Bangladesh, Pakistan and the Philippines, says CEO VTTI BV
Arctic Textile Mills to lease spinning units for business expansion
Leasing initiative aimed at enhancing production capacity amidst rising yarn conversion orders
Din Textile to establish new bedsheet stitching unit
Company expands production capacity with new stitching facility
Rs352bn investment plan approved for NTDC’s transmission system upgrade
Three-year investment plan targets infrastructure upgrades, loss reduction, and capacity enhancement across key grid stations
Fauji’s bid for Agha Steel: is it the right move?
Not the most attractive asset in the industry, but that may represent an opportunity for the conglomerate best known for its stewardship of industrial assets