Pakistan is set to supply fuel to ships. How did we get here? 

Production set to ramp up from initial 2,000 mt to 10,000-12,000 mt in next six months 

Gul Ahmed Textile Mills sees profits fall by nearly 50% in 2023

The board, over the years, has discussed the company’s expansion and diversification efforts, along with substantial investments

SECP puts a leash on nano-lending apps

No digital nano-lender will now be allowed to earn more than the principal amount from a loan.

Gas sector’s circular debt reaches Rs 2900bn 

ISLAMABAD: Country’s gas sector is facing a loss of Rs 1 billion per day while its annual loss is Rs 350 billion...

High energy prices burn steel industry

Energy tariff increases to trigger significant steel price hike

Coal power plants allegedly exploiting imported coal prices

These coal-based power plants had committed to use coal containing 6000 calorific values (CVs) but they had been importing coal with 4500 to 5500 CVs

Employees of WAPDA, DISCOs and others to continue getting free electricity 

Across six DISCOs, the benefits in terms of just electricity units given to retired employees stand at an average of Rs 664mn per year from 2017 to 2025.

Govt to provide gas subsidy to low-income houses of Balochistan for the winter season

With the IMF review around the corner, and an imminent price hike, the government will be treading a fine line with cash handouts

Mobile phone imports surge to 76pc despite dollar constraints

The industry envisions the need for consistency in this upward trajectory, as it could lead to the local production of allied parts

Another power tariff hike of Rs1.82 per unit on the cards

ISLAMABAD: The power tariff is again likely to be increased as the Central Power Purchasing Agency (CPPA) has filed an application with...

Why is NEPRA rethinking coal prices

The mechanism for adjusting the FCC could finally see a change after 2016 

IESCO decides action against electricity defaulters

ISLAMABAD: Various ministries, divisions, and government institutions have defaulted on electricity bills worth billions of Pak rupees, and Islamabad Electric Supply Company...
Thar coal

At $50mn , KE’s new owners offer to shift Jamshoro Power Plant Block 5 to Thar Coal 

AsiaPak Investments offer $50 million offer to revamp Jamshoro Block 5 to a complete Thar based plant 

Regulatory action looms against OMCs as govt targets fuel hoarding

ISLAMABAD: A fuel crisis may be looming in the country with reports coming in that the retail outlets of a number of...

The gymnastics behind Pakistan’s possible first private LNG cargo import 

Pakistan might be returning to the spot market after over a year