Govt to shift from net to gross metering for solar panels amid IMF talks
Plan aims to bolster grid electricity usage and power company revenues, pushing consumers towards more costly grid power
Govt seeks extension on $15.4m energy debt
Restructuring could lower energy costs by Rs3 per unit, easing the burden on consumers
Pakistan, China likely to forge partnership on petrochemical refinery next month
Crucial MoU for joint refinery project involves major players like Sinopec and Saudi Aramco
Govt proposes carbon tax on petroleum amid IMF push for uniform VAT
In efforts to comply with IMF recommendations, Pakistan explores significant tax reforms, including a universal VAT and enhanced petroleum levies
Industrial production declines in 9MFY24
Recent statistics show a sharp 9.35% MoM drop in Pakistan's industrial output as of March 2024
Textile exports reach $13.68 billion in 10MFY24
While overall textile exports slightly decline, specific categories like raw cotton and cotton yarn record sharp increases
PM Shehbaz directs revision of net metering rules to stabilise power sector revenues
Sharif orders NEPRA and Power Division to revise regulations amid concerns over declining revenues due to increased solar adoption
STZA, NRTC ink Rs12.5bn deal to enhance tech operations
The major tech agreement aims to transform Pakistan's technological landscape
Ghazi Fabrics Int’l Ltd. temporarily halts spinning unit operations
Company cites rising power costs, limited availability of quality cotton at reasonable prices as reasons behind shut down
Telecom operators agree to manually block SIMs of non-filers
First group of 5,000 non-filers has been notified for immediate SIM blocking
NEPRA reserves judgment on proposed Rs18.86/unit power tariff hike for KarachiitesÂ
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday reserved a judgment regarding a potential hike of up to Rs 18.86...
Kohinoor Energy Ltd. announces incorporation of new solar power subsidiary
Company officially declares formation of a wholly owned subsidiary dedicated to solar power, following approval from its BoD
Pakistan’s biggest telco Jazz sets eyes on public listing
Through listing, Jazz says it plans to build capital markets of the country
WorldCall Telecom announces major strategic shift with GlobalTech trading start
WorldCall Telecom steps into a new phase with trading debut, marking a key strategic reorganization
DISCOs seek recovery of over Rs51bn from power consumers
Request filed with NEPRA for adjustments on capacity charges for the third quarter of FY2023-24