Pakistan Tobacco Company appoints new chairman, CEO, and CFO
New leadership appointed for three-year term amid evolving regulatory landscape
Power Division tasked with completing privatisation of three DISCOs by Q2 of FY2025-26
Standing Committee on Privatisation sets deadline for Power Division to finalise terms for privatization of Hesco, Pesco, and Fesco by September or October 2025; privatisation process to begin by end of May
Kuwait Foreign Petroleum Exploration Company to participate in Pakistan’s offshore bidding round
Minister for Petroleum Ali Pervaiz Malik meets Kufpec’s Ali Taha Al-Temimi to discuss collaboration and offshore bidding participation
Pakistan diverts fifth LNG cargo to international market amidst domestic energy concerns
PLL redirected four LNG cargoes scheduled for February to May 2025 under a long-term agreement with ENI
CPPA-G receives Rs 148.75 billion from SBP for Tariff Differential Subsidies
Fund disbursement to cover tariff differential subsidies for FY 2024-25, including payments to government and private power plants
Pakistan’s cement exports surge 28.19% in FY 2024–25, bolstered by global demand
Exports climb to $230 million, marking significant growth in both value and volume
KP cement producers brace for royalty hike as govt eyes bag-based levy
Proposed 6% ex-factory royalty threatens to erode KP’s pricing edge over Punjab
Cement companies penalized as tribunal resumes 2009 cartel case
Tribunal imposes fines for delays in long-running price-fixing appeal
CPPA-G, state-run power firms seek tariff cuts for government-owned plants
NEPRA to hold public hearing on April 24 on tariff cut petitions
Pesco launches crackdown on govt, semi-govt depts in KP to recover Rs2.8bn in overdue payments
Campaign aims to address mounting backlog of unpaid bills that has put significant strain on the company’s financial resources
Leading banks finalise Rs1.275trn rescue plan to support ailing power sector
Deal formalised with signing of term-sheet at HBL in Karachi, disbursement expected in May; loan will be repaid over six years with an interest rate of 10.5% to 11%Â
Power sector sees highest divestment in March despite strong 9MFY25 inflows
Power led outflows with $77.87m in March; financial sector remains top FDI recipient in FY25
Power generation rises 5% to 8,409 GWh in March, 62% produced from local coal
Despite the March growth, overall generation down by 2% in the first nine months of FY2024-25
Asian nations, including Pakistan, look to buy more US energy to offset trade imbalance
Pakistan may buy US crude equivalent to current imports of oil and refined products, or about $1 billion of oil: report
LSMI sector posts negative 1.90% growth in eight months of FY 2024-25
Overall output decline driven by reductions in key sectors, with tobacco, automobiles, and petroleum showing growth amid broader industry contraction