Petro Division terms media reports regarding GIDC judgment as ‘misleading’

ISLAMABAD: The Petroleum Division on Saturday took note of misleading advertisements printed by some newspapers regarding the Supreme Court’s (SC) judgment in...
Power sector

ECC delays decision on passing of fuel charge adjustments to consumers

ISLAMABAD: The Economic Coordination Committee (ECC) on Thursday failed to take a decision regarding the passing on of Fuel Charge Adjustments (FCA)...

Pakistan, Russia likely to decide fate of 1,100km North South Gas Pipeline next month

ISLAMABAD: Pakistan and Russia may take important decisions during the next month for the transportation of Regasified Liquefied Natural Gas (RLNG) from...

Cement exports fall 9.77pc to $22.9m during July

ISLAMABAD: The exports of cement witnessed a decrease of 9.77 per cent to $22.925 million during July 2020 compared to the exports...

OGRA may carry out UFG audits to verify gas losses

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Tuesday said that it may carry out independent verification of gas losses through unaccounted...

CCPA for Rs0.86 per unit hike in power tariff

ISLAMABAD: Central Power Purchasing Agency (CPPA) on Tuesday on behalf of power distributing companies urged National Electric Power Regulatory Authority (NEPRA) to...

Lucky Cement’s consolidated profit down 40pc to Rs7.32bn

LAHORE: Lucky Cement Limited on Monday released its financial results for the year ended June 30, 2020 announcing a 40 per cent...

Medicinal imports rise 11.6pc YoY in July

ISLAMABAD: The import of medicinal products witnessed an increase of 11.60pc in July 2020 as compared to the corresponding period of last fiscal year. According...

Hub Power Company signs MoU with govt’s IPPs negotiation committee

The Hub Power Company Limited (HUBC) on Monday notified the Pakistan Stock Exchange (PSX) that the company and a committee for negotiations...
Power sector

Govt plans to revive PEPCO to bring DISCOs under centralised control

The federal government has decided to reactivate Pakistan Electric Power Company (PEPCO) in order to bring all the public sector power distribution...

PTA fines WorldCall Rs10m for substantial ownership change without prior approval

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has imposed a fine of Rs10 million on WorldCall Telecom Limited (WTL) for carrying out a substantial...

Why negotiating with the IPPs won’t fix much. And what will

A look at the series of bad ideas that have plagued the government’s attempts to fix the energy grid, and how the government keeps digging itself into a bigger and bigger hole

Govt plans to adopt environment friendly fuel, might face resistance from refineries

The government is looking to upgrade fuel used in Pakistan to a more environment friendly Euro-5 standard in a bid to counter...

Bytedance names Shuttlerock creative partner for TikTok

In an effort to help brand marketers produce high-quality video ads for the TikTok audience, Bytedance has named Shuttlerock as an official...

74pc of digital video ad spending in APAC is through mobile: PubMatic

Compared to the rest of the world, the Asia Pacific (APAC) region commands the lead with 74 percent of all video spending...