UAE keen to invest in Pakistan’s energy sector: envoy

ISLAMABAD: Energy Minister Omar Ayub Khan on Wednesday met Ambassador of United Arab Emirates (UAE) to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi...

Relief for construction sector as prices of steel bars drop

ISLAMABAD: In a positive development for the construction industry, the prices of steel rebars have started declining in the local market after hitting...

Govt urged to stop production, sale of substandard steel 

ISLAMABAD: Steel manufacturers of the country have expressed serious concerns on the production/presence of low quality steel in the market, which not...

NEPRA approves Rs1.95 per unit hike in power tariff

The National Electric Power Regulatory Authority (NEPRA) on Friday approved an increase of Rs1.95 per unit in power tariff, putting an additional...

PCJCCI laments regulatory hurdles in import of medical equipment

LAHORE: Pakistan-China Joint Chamber of Commerce & Industry Vice President Khalid Raffique Choudhry has urged the government to withdraw regulatory hurdles to...

NEPRA notifies Rs1.53 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified Rs1.53 per unit increase in power tariff for ex-Wapda Distribution Companies (DISCOs)...

ADB reaffirms support for energy sector reforms in Pakistan

ISLAMABAD: The Asian Development Bank (ADB) has reaffirmed its support for energy sector reforms in Pakistan. Special Assistant to Prime Minister on Petroleum...

KP approves plan to procure Rs32bn loan for hydropower projects

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has approved a plan to procure a loan of Rs32 billion from the World Bank for...

Agha Steel to install 2.25MW solar power plant in Karachi

Agha Steel Industries has signed a contract with Renewable Power Pvt Ltd for installation of a 2.25-megawatt solar power plant at Port...

OGDCL discovers gas, condensate in Hyderabad

In a major development, the Oil and Gas Development Company Limited (OGDCL) has announced the discovery of gas and condensate reserves in...

Omar Ayub seeks US investments in energy sector

ISLAMABAD: Energy Minister Omar Ayub has called for greater US investments in the energy sector, particularly in the areas of power generation,...

Frequent hike in energy rates to adversely impact industrial production: FPCCI

‘The govt's recent decision to increase power tariff was made on the behest of IMF as well as to appease IPPs'

Excessive power generation capacity troubles once energy-starved Pakistan

After spending decades tackling power shortages, Pakistan is now faced with a new and unfamiliar problem of "excessive electricity generation capacity", Bloomberg...

ECC likely to approve allocation of gas from Mari Petroleum wells to SSGC

ISLAMABAD: The federal cabinet's Economic Coordination Committee (ECC) is likely to approve the allocation of around 22 million cubic feet per day...

Hira Textile Mills introduces new yarn variety, hopes to get off defaulter list

Will the product be enough to change the mill's fortunes? It seems unlikely