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...
PTCL earns Rs 28.8bn in first quarter 2017
Pakistan Telecommunication Company Limited (PTCL) announced that it earned Rs 28.8 billion revenue during the first quarter of 2017, the company announced...
PR abandons billion dollar Private Track Access project
The Sindh High Court (SHC) has granted a stay against Pakistan Railways for abandoning a multi-billion rupees project with a private firm...
Motorbikes production increase to1.209m units in 9 months
The production of Motorcycles and three-wheelers in the country increased to 1.209m units during first nine months of the the current fiscal year...