3582.8 MW electricity added to national grid since 2013

The government, as part of its efforts to increase power generation in the country, has added 3582.8 MWs of electricity to the...

MD SNGPL claims improvement in gas supply to CNG outlets

Managing Director of the Sui Northern Gas Pipelines Limited (SNGPL) has claimed that supply of gas to the CNG outlets will be...

Govt asked to reform SBP, PSEs

The Pakistan Economy Watch (PEW) on Sunday said the government should provide autonomy to the State Bank of Pakistan (SBP) and install...

FPCCI calls for using solar power for energy security

FPCCI said Sunday that Pakistan is blessed with enormous solar potential and it can generate around three million megawatts of electricity from...

UNIDO organises Biomass Policy Stakeholder workshop

The United Nations Industrial Development Organisation (UNIDO) in collaboration the Alternative Energy Development Board (AEDB) organised a stakeholder workshop pertaining to biomass...

PSO demands Rs 80 bn to ensure zero power outages during, Sehr, Iftar of Ramadan

Pakistan State Oil (PSO) has asked the government to immediately release Rs 80 billion to ensure zero electricity load shedding in rural...

Pakistan banks’ profits grow due to deposits, lending rise

Commercial bank profits are rising in Pakistan on bigger volumes, enlarging transactions and growing businesses. Overall deposits of all commercial banks stood at...

1320 MW Port Qasim Power project to be completed by June 2018

The 1320 MW Port Qasim Electric Company Coal Fired project would start its commercial operations in June 2018, with an estimated cost...

NBP terms unauthorised bank account allegations ‘baseless’

The National Bank of Pakistan (NBP) has categorically refuted the recently referenced allegations of Shaheed Zulfiqar Ali Bhutto Medical University (SZABMU) money...

OGRA ex-members seek information over appointment of new SED

Two former members of the Oil and Gas Regulatory Authority (OGRA) have sought information under the Freedom of Information Act 2010 over...

Policy recommendations governing use of biomass technologies finalised

The United Nations Industrial Development Organization (UNIDO) and the Alternative Energy Development Board (AEDB) jointly organised a workshop to gauge feedback from...

Wapda to raise $350m from international markets for Dasu hydroelectric power project

To raise $350m for the construction of Dasu Hydroelectric power project, Wapda will be tapping the international markets for the very first...

ECC decides to allocate 10 mmcfd gas from Tolang field to SNGPL

The Economic Coordination Committee (ECC) meeting chaired by Finance Minister Ishaq Dar was held on Friday in which the decision to allocate...

Gov’t decision to lift moratorium on new gas connections hailed

Pakistan Businessmen and Intellectuals Forum (PBIF) Friday hailed the government's decision to lift moratorium on new gas connections. The decision would help masses...

SBP inks agreement on BPA with Irani bank

An agreement on Banking and Payment Arrangement (BPA) has been signed between State Bank of Pakistan (SBP) and Bank Markazi Jomhouri Islami...

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The spectacular decline of Hubco

It is not every day one can characterize a company that made Rs11.9 billion in profits last year as struggling, but there is no...

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PM orders strict action against food adulteration

ISLAMABAD: Prime Minister Imran Khan on Thursday directed the concerned officials to collect a complete data of adulteration in various basic commodities and medicines...