Telenor launches Pakistan’s first Virtual Mobile Switching Station

KARACHI: Getting closer to its network virtualisation goals, Telenor Pakistan has launched the country’s first Virtual Mobile Switching Station (vMSS) on its newly...

Constraint Removal War Room established in DISCOs

Islamabad: On the directions of federal minister for power division all distribution companies have established special Constraint Removal War Rooms (CRWR) while the...

Chairman SSGC assures to fully advocate KCCI’s representation on SSGC’s Board

KARACHI: Sui Southern Gas Company (SSGC) Chairman Javed Zia while speaking at the Karachi Chamber of Commerce and Industry (KCCI) on Thursday said...

FBR bends over backwards to relax duty payments for PGP Consortium

ISLAMABAD: Pakistan GasPort Consortium Limited (PGPC) will clear customs duty on import of Floating Storage and Re-gasification Unit (FSRU) within one year...

Pakistan contemplating LNG imports from Indonesia

JAKARTA: Deputy Energy and Mineral Resources Minister Arcandra Tahar has said Indonesia plans to export liquefied natural gas (LNG) to two South...

Lahore High Court lifts EPA ban on Maple Leaf Cement’s construction site

LAHORE: A bourse notification filed Thursday by Maple Leaf Cement Factory Limited (MLCF) revealed in pursuant of a decision by the Lahore...

CCP set to conduct open hearing to address competition concerns in sugar sector

ISLAMABAD: To answer queries regarding stakeholder concerns in Pakistan’s sugar sector, the Competition Commission of Pakistan (CCP) has called for an open...

Ignoring shortage of gas, govt gives go-ahead for 235 new gas supply schemes

ISLAMABAD: Despite prevailing gas shortage across the country, the ruling PML-N government has decided to grant approval to 235 new gas supply...

Oil prices rise on reported fall in US inventories

SINGAPORE: Oil prices rose on Thursday on a reported decline in U.S. crude inventories, and as rebels in Nigeria threatened to attack...

Pakistan’s banking sector advances in 2017 grew 17 percent

KARACHI: A Topline Security report has revealed Pakistan’s banking sector advances during 2017 rose 17 percent to reach Rs6.53 trillion. According to the...

Nepra discards review motions filed against CPPs upfront tariff

ISLAMABAD: Review motions filed against upfront tariff for gas-fired Captive Power Plants (CPPs) has been discarded by National Electric Power Regulatory Authority...

PPIB pondering slapping fines on delayed execution of Thar coal power projects

ISLAMABAD: A board meeting of Private Power and Infrastructure Board (PPIB) held on Wednesday is pondering to slap liquidated damages on delayed...

Industries of Sindh, Baluchistan to be provided RLNG soon: SSGC Chairman

KARACHI: The industries of Sindh and Balochistan would soon be provided with RNLG, said Chairman SSGC Lt. Gen.(rtd) Javed Ashraf on Wednesday. This...

Oracle Power completes acquisition of Sindh Carbon Energy

LONDON: Oracle Power PLC saw its shares jump on news it is to take full ownership of the company that owns the mining...

Rana Afzal for resumption of banking ties, trade with Iran

ISLAMABAD: Pakistan’s Minister of State for Finance Rana Muhammad Afzal has expressed optimism for an early resumption of banking ties between Islamabad...