Port Qasim Power Plant warns of suspension due to delayed payments of Rs93.5 billion

Outstanding dues of Rs 300 billion remain a major issue for CPEC power projects as shareholders from China and Qatar expressed frustration over the prolonged delays 

Pakistan’s textile exports remain flattish YoY, down 16% MoM

MoM drop is the largest in nearly four years; exports are projected to reach $18-19 billion by the end of FY2024-25

Seven Independent Power Producers seek tariff cuts under new agreements

Nepra accepts joint tariff reduction application from Nishat Chunian Power, Nishat Power Limited, Narowal Energy, Liberty Power Tech, Engro Powergen Qadirpur, Saphire Electric Power, and Saif Power 

Pakistan’s industrial production falls by 1.78% in seven months

ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) in the country witnessed a negative growth of 1.78 percent during the first seven months ...

Mari Energies makes second gas and condensate discovery at Spinwam-1 well

Well produces 20.485 MMSCFD of gas and 117 BPD of condensate

OGDCL discovers gas and condensate at Soghri North-1 well in Attock 

Well yielded a flow rate of 13.95 MMSCFD of gas and 430 BPD of condensate

Govt set to cut power tariff as IPP contract revisions yield Rs1.4tr savings, says power minister 

No tax on electricity exported by rooftop solar users, but 18% GST applies to grid consumption, clarifies Awais Leghari

Pakistan’s power generation drops 15% in February, reflecting economic slowdown

Decline in electricity consumption linked to high energy costs and shift towards solar power

Chinese firm denies allegations of unfair coal procurement at Sahiwal power plant

Company calls accusations baseless, urges regulatory authorities to investigate claims

Discos seek minor reduction in power tariff despite lower fuel costs

Consumers may get 30 paise per unit relief in April bills if Nepra approves adjustment

Pakistan diverts third LNG cargo as gas demand declines

Government shifts surplus LNG to international market amid low domestic consumption

Govt, banks move closer to deal on Rs1.23 trillion power sector debt resolution: report

Loan restructuring plan includes Rs700 billion at lower rates, fresh Rs523 billion exposure; repayment of this loan will be covered through a Rs2.83/unit Debt Servicing Surcharge on electricity bills

Gul Ahmed Textile Mills to establish four wholly-owned subsidiaries for sustainable textile operations

Stock price rises 1.46% after the company unveils its sustainability-driven expansion strategy

OMC sector posts 39% earnings growth in 1HFY25 despite lower sales

Finance cost reductions, lower taxation boost profits; PSO’s market share declines

Ogra raises RLNG prices for March; SNGPL at $12.94 per mmBtu, SSGCL at $12.72

RLNG rates increase by up to $0.052 per mmBtu amid import cost adjustments