Power companies worth less than the cash on their balance sheet
The recent cancellation of CPPA-G related contracts have spooked the markets to future prospects, leading investors to think that the worst is not yet over for these companies
Pakistan’s circular debt strategy unfolds through unprecedented banking alliance
Government's new plan is built on the foundation of compliance from commercial banks
NEPRA to hear tariff revision request from seven IPPs today
Nishat Chunian, Nishat Power, Narowal Energy, Liberty Power, Engro Powergen, Sapphire Electric, and Saif Power seek adjustment in exchange rate mechanism
Pakistan to receive $1.2bn Saudi oil facility, disbursement begins this month
$100 million monthly oil financing to continue until February 2026
PM to announce power tariff reduction by Rs8/unit from April 1: report
Tariff cut will provide relief after agreements with IPPs are revised, though some adjustments will only be temporary
KP completes 10.2 MW Jabori Hydropower Project
Project to contribute 71.1 GWh of electricity annually to national grid; expected to generate Rs405 million annually for the province
Solar industry faces uncertainty, prices drop following amendments to net metering policyÂ
Pakistan Solar Association warns that new regulations could harm the solar industry, especially impacting the residential and SME sectors
IMF allows govt to borrow Rs1.25trn from banks to cut circular debt: report
Govt will impose a Rs3/unit debt servicing surcharge on electricity bills to repay these loans
PM targets $25 billion in IT exports, highlights Pakistan’s skilled workforce
Says Pakistan’s IT workforce is capable of competing in the global market
Port Qasim Power Plant warns of suspension due to delayed payments of Rs93.5 billion
Outstanding dues of Rs 300 billion remain a major issue for CPEC power projects as shareholders from China and Qatar expressed frustration over the prolonged delaysÂ
Pakistan’s textile exports remain flattish YoY, down 16% MoM
MoM drop is the largest in nearly four years; exports are projected to reach $18-19 billion by the end of FY2024-25
Seven Independent Power Producers seek tariff cuts under new agreements
Nepra accepts joint tariff reduction application from Nishat Chunian Power, Nishat Power Limited, Narowal Energy, Liberty Power Tech, Engro Powergen Qadirpur, Saphire Electric Power, and Saif PowerÂ
Pakistan’s industrial production falls by 1.78% in seven months
ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) in the country witnessed a negative growth of 1.78 percent during the first seven months ...
Mari Energies makes second gas and condensate discovery at Spinwam-1 well
Well produces 20.485 MMSCFD of gas and 117 BPD of condensate
OGDCL discovers gas and condensate at Soghri North-1 well in AttockÂ
Well yielded a flow rate of 13.95 MMSCFD of gas and 430 BPD of condensate