Nishat Chunian Power adopts ‘Hybrid Take and Pay’ model under revised agreement
Pakgen Power Limited also terminates Power Purchase Agreement
Engro Powergen signs agreement to implement Hybrid Take-and-Pay Model
Company secures PKR 8.04 billion settlement as part of revised power purchase agreement
Pakistan’s textile exports grow 10.6% in seven months, reach $10.77bn
January exports rise 15.85% year-on-year, driven by strong demand
Pakistan’s furnace oil exports surge 113% to record 189,000 tonnes in January
Total exports for 7MFY25 reach 895,000 tonnes, up 63% year-on-year as power sector phases out furnace oil usage
Pakistan Petroleum Limited secures 10-year lease extension for Sui Gas Field operations
Memorandum of Agreement signed with Balochistan govt for social welfare initiatives
Refineries urge Ogra to delay petrol, diesel imports amid sufficient stock levels
Industry calls for deferral as petrol reserves stand at 36 days, diesel at 39 days
Govt signs financial advisory deal for privatisation of three DISCOs
Advisory group will conduct due diligence, investor outreach, transaction structuring, and assist in the bidding processÂ
Over 100 spinning mills shut down as textile sector faces crisis: Aptma
Failure to address anomalies in the Export Facilitation Scheme is pushing the spinning industry towards collapse, warns textile body
ILO report highlights vulnerabilities in Pakistan’s cotton supply chainÂ
Overall cotton arrivals drop 34% to 5.51 million bales as of January 31; Punjab sees 39% drop, Sindh suffers 32% decline in arrivals
Sub-standard steel continue to haunt formal industry
The issue of quality standards is a question of very fundamental safety
A 5% rise in petrol consumption indicates stability in consumer spending
The rise in diesel consumption may indicate an increase in commercial transportation and agricultural production
PM vows further electricity tariff cuts for households, industries
Power sector overhaul struggles with slow progress on privatisation, transmission upgrades, and tariff reforms
Pakistan to renegotiate LNG deal with Qatar for better pricing
Government seeks cost-effective energy as Sindh lawmakers demand fair gas distribution
OMC sales rise 8% in January as anti-smuggling measures boost demand
Petrol sales reach 625,000 MT, diesel at 600,000 MT; PSO’s market share drops to 42.8%
Ghani Chemical signs gas supply deal with Mari, OGDCL; plans processing facility in Balochistan
GCIL to get 3 MMSCFD gas from Maiwand-X1 discovery in Kohlu; anticipates over Rs3.5 billion in revenue annually