PSO starts new year with a twin crisis of receivables and payables 

PSO’s receivables rise to Rs 853 billion with payables coming in to the tune of Rs 142bn 

Shipping agents defend charges after KPT Chairman’s critique

Uniform charges cannot be implemented due to concerns about cartelisation: PSAA
K-ELECTRIC

NEPRA renews power supply & distribution license of KE for 20 years

KE's previous 20-year license had reached its term in July 2023

Why are Pakistan’s furnace oil exports booming? 

Halfway into the year, Pakistan’s 6MFY24 furnace oil exports outstrip all of fiscal year 2023’s numbers

Tax revenue from electricity bills skyrockets to Rs 1410bn in last three years

This significant increase in electricity bill taxes reflects a growing trend in the government's revenue generation strategies

OGRA reduces RLNG prices for January 2024

The decision is in line with the govt's policies, aiming to provide economic relief to consumers

Steel industry demands Equitable Subsidy Allocation

PALSP seeks the Prime Minister's intervention to address this pressing issue and safeguard Karachi's industries.

Suzuki’s stock market drama takes new twist

With the introduction of a new minority shareholder with 10%, things are heating up over at Suzuki. 

Why is HUBCO doubling down on Thar Coal? 

A shakeup in the shareholding of the Sindh Engro Coal Mining Company is on the cards as HUBCO looks to have a bigger piece of the pie

Power tariff hike of Rs 5.61/unit on the cards

This is apparently the highest-ever increase in fuel cost adjustment (FCA) demanded by the CPPA.

KAPCO shows interest in equity stake of Tenaga Generasi

Investment in 49.5 MW wind power project shows KAPCO's priority of investing in renewable energy

Petroleum Division rescues Sui Southern MD from dismissal 

Questions abound about Shamshad Akhtar’s role as Chairperson SSGC after Petroleum Division clips SSGC Boards’ wings to stop removal of MD 

Oil theft from PARCO pipeline uncovered in Karachi’s Bin Qasim area

FIR reveals culprits leased a warehouse and tapped into the PARCO pipeline to steal diesel

Govt fails to find an investor for Kot Addu plant for the fifth time  

The 600 MW has previously fail to receive a bid in April, May, October, and December 

The govt is looking to hand DISCOs over to the army. It isn’t the first time. 

HESCO set to be first of five DISCOs to be handed to Army and Power Division led management units