24-hours gas holiday for all industries, as announced by SSGC
Due to the shortages of gas supplies in SSGC's system, gas availability has decreased, resulting in the depletion of the line pack and low pressures in the system. Pursuant to…
KATI rejects hikes in petrol and electricity prices and warns of economic crisis
The Korangi Association of Trade and Industry (KATI) President Johar Qandhari has strongly opposed the government's recent increases in petrol and electricity prices. Qandhari criticised the Oil and Gas Regulatory…
SSGC’s oOperation grift speeds up to eliminate gas theft – Makes 293 illegal disconnections
Sui Southern Gas Company’s Operation Grift is intensely pursuing its ongoing campaign, which has been pulling out all the stops to uproot the evil known as gas theft from society. It…
Independent Power Producers: A blow to Pakistan’s economy
Former caretaker minister for Commerce and Industries, Dr Gohar Ejaz, has said that governments are policymakers and regulators and are not competent to do business. Taking to social media platform…
Allowing new IPPs despite surplus electricity criticised
Dr Shahid Rasheed Butt, former President of the Islamabad Chamber of Commerce and Industry (ICCI), stated on Sunday that new IPPs are allowed despite the country's power generation capacity being…
Prime Minister’s decision to discount electricity welcomed; industries also need relief, KATI
Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has welcomed Prime Minister Shahbaz Sharif's decision to provide a 3-month electricity relief for domestic consumers using up…
Pakistan’s economy and IPPs are incompatible: Mian Zahid Hussain.
The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, as well as former provincial minister…
HUBC’s announcement of expansion in the Automobile sector has excited investors.
We revise our estimates for HUBC and raise our TP by 7% to PKR161/sh to incorporate reduction in loans. However, we downgrade our stance to Neutral as the recent rally…
SSGC removed 550 illegal connections, including fake meters
SSGC's anti-gas theft control teams have made significant strides in combating gas theft, removing 550 illegal domestic connections in the Company's franchise areas of Sindh and Balochistan. In Karachi, 265…
Continuous increases in power prices are damaging to the economy and the masses.
On Sunday, Dr Muhammad Hanif Mughal, Chairman of Pakistan Tehreek-e-Shadbad, said that persistently raising the cost of power is a reprehensible business practice. As a result of the continued hikes…
Predatory IPPs Contracts Should be declared null & void: FPCCI
Mr Saquib Fayyaz Magoon, Acting President of FPCCI, has said that the federal government should cancel all agreements with Independent Power Producers (IPPs) and procure electricity for the national grid…
KATI President urges government for cancellation of IPP contracts to prevent economic paralysis
Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has demanded the cancellation of contracts with Independent Power Producers (IPPs), citing significant economic harm. Qandhari highlighted that…
SSGC continues its crackdown against domestic theft by removing 955 illegal gas connections
SSGC conducted raids on gas theft miscreants in its franchise areas of Sindh and Balochistan. In recent raids, 955 illegal connections were removed in residential areas by the Company's anti-gas…
24-hour Gas Holiday for all Industries in Sindh: SSGC
Due to the shortages of gas supplies in SSGC's system, the availability of gas has decreased, resulting in the depletion of line pack, causing low pressures in the system. Pursuant…
Petroleum dealers reject call for strike
On Monday, the Pakistan Petroleum Dealers Association (PPDA) rejected a call for a nationwide strike on July 5 by some Karachi-based oil retailers. Some so-called leaders have unilaterally issued the…
IPPs have destroyed the Pakistan’s economy
On Sunday, Dr. Murtaza Mughal, President of Pakistan Economy Watch (PEW), said that Independent Power Producers (IPPs) have destroyed the country's economy. He said private power plants are a big threat…
SSGC completes six major pipeline projects in Karachi as part of massive augmentation plan
To tackle the challenges of reduced gas supply and low-pressure issues along with a simultaneous increase in demand from consumers, SSGC has made massive investments in its gas distribution network.…
Pakistan’s Power Sector noticed generation up by 2.7% YoY during May’24
Power generation jumped by 2.7% YoY to arrive at 12,617 GWh (16,958 MW) during May'24, compared to 12,284 GWh (16,510MW) during SPLY. Moreover, on MoM basis, power generation climbed by…
770 illegal connections removed as crackdown against gas theft continues:SSGC
SSGC continued to demonstrate zero tolerance against gas theft incidences in its franchise provinces of Sindh and Balochistan through raids in residential areas. In fresh operations, around 770 illegal domestic…
SSGC states 502 illegal connections removed as crackdown against gas theft continues
SSGC continued to demonstrate zero tolerance against gas theft in its franchise provinces of Sindh and Balochistan through raids in residential areas. In fresh operations, the company's theft control teams…
GO Energy and STDC sign MoU to set up a 500 MW Floating Solar Project at Keenjhar Lake, Sindh
GO Energy and Sindh Transmission & Dispatch Company (STDC) today signed a MoU for the transmission evacuation of a 500 MW Floating Solar Project at Keenjhar Lake, Sindh, Pakistan. The…
‘WAPDA starts inspection of Neelum Jhelum Project’s Head Race Tunnel’
Chairman WAPDA visits Neelum Jhelum Project Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) visited the Neelum Jhelum Hydropower Project. He reached the Dam (Weir) site of the Project located…
World Bank approves additional US$1 billion for Dasu Hydropower Project
In what can be termed a significant development for much-needed financing to generate clean, green and economically affordable hydel electricity in Pakistan, the World Bank has approved additional financing to…
Govt to begin cracking down on sale of smuggled fuel
The Department of Explosives has decided to eradicate the menace of mushrooming illegal fuel sale points through a nationwide operation. These sale points sell smuggled fuel without any safety precautions…
The government and PPDA will join hands to eliminate Dabba stations.
The Department of Explosives and the Pakistan Petroleum Dealers Association (PPDA) have decided to work together to eradicate the menace of alleged illegal dabba stations and nozzles mushrooming nationwide. These…