Power Ministry presents fudged figures of power situation
Electricity shortfall currently stands between 6,000MW to 8,000MW
ISLAMABAD: Contrary to the claims of the water and power ministry regarding electricity demand...
CPEC projects lead boom for Pakistani cement manufacturers: Bloomberg
A Bloomberg report has claimed that the China-Pakistan Economic Corridor has led to a major resurgence and boom for the Pakistani cement...
Foreign Direct investment reaches $1.733b during FY 2016-17
According to figures released by the State Bank of Pakistan (SBP), it has been revealed that foreign investors repatriated $1.5b on account...
Rs1.96 per unit refund will be provided to electricity consumers this month: NEPRA
A Rs1.96 per unit refund has been ordered to be provided to customers this month said National Electric Power Regulatory Authority (NEPRA)...
Gov’t focused on resolving energy issue on top priority: Dar
On Thursday, the Minister for Finance, Muhammad Ishaq Dar said the government was focused on resolving the issue of energy on a...
MENA Energy issues clarification on its dispute with Hascol Petroleum
MENA Energy DMCC (MENA), headquartered in Dubai, UAE, has responded to its position on the oil trading dispute between it and Hascol...
Investment in electronic media to surpass $5b in FY 2016-17
There has been a cumulative investment of approximately $4b in the electronic media industry in Pakistan. According to official estimates, electronic media sector has generated...
Women empowerment– Sima Kamil finally assumes charge as first woman president of a major Pakistani bank
Sima Kamil who has been serving as deputy CEO United Bank Limited (UBL) will be assuming charge as CEO and president of...
Early harvest energy projects under CPEC to be completed by 2018
China reaffirmed that most of the early harvest energy projects being built under the China-Pakistan Economic Corridor (CPEC) framework would be completed...
Small traders warn of electricity bill payment boycott in Karachi
The small traders of Karachi have warned to boycott payment of electricity bills if persisting load-shedding in the city is not stopped....
PSO receivables touch all time high of Rs300b
As Pakistan State Oil’s receivables cross Rs300b, it has been learnt that the Ministry of Finance is gearing up to release Rs45b...
TAPI partners plan to meet in Dubai, review project progress
The four-nation consortium, Turkmenistan-Afghanistan-Pakistan-India (TAPI), will be meeting in Dubai in June to review progress on the multi-billion dollars gas pipeline project...
Sugarcane production reaches historical high of 73.6m ton in FY 2016-17
The sugarcane production in the country has reached to historical high of 73.6 million ton during this year, showing 12.4 per cent increase as...
Despite FTA, govt assures imposition of 20% regulatory duty on import of beverage cans from Sri Lanka
Pakistan will impose a 20 per cent regulatory duty on the import of aluminium tin cans from Sri Lanka despite a Free...
Future of Sindh govt’s 2600 MW wind power projects in doldrums
--NEPRA dismisses review motion of Sindh government
The future of 2600 megawatts wind power projects of Sindh province is in doldrums as the...