Mondelez Pakistan has partnered with Shams Power to solarize its confectionary and powdered beverages plants, bringing the installed capacity to around 2.2 MW on both sites. This initiative aims to…
On Tuesday, the Pakistan Petroleum Dealers Association (PPDA) opposed the plan to sell diesel on roads through Doorstep Delivery Tankers (DDTs) across the country and termed it against national interests.…
SSGC has been relentlessly pursuing gas theft miscreants with an effective blend of regular raids, aggressive prosecution and arrests in the court of law. Following a raid undertaken by Security…
Mr Atif Ikram Sheikh, President of FPCCI, has the urge to prioritize immediate and complete offtake of power from existing, operational and cheapest 12 wind power projects, wherein these wind…
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. Under clause…
SSGC continued relentlessly to tighten the noose on gas theft in its Sindh and Balochistan franchise areas by removing more than 260 domestic illegal connections. In Quetta, Pishin, Ziarat, and…
Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) reviewed progress on the Tarbela 5th Extension during his visit to the Project, which is being constructed at Tunnel No. 5 of…
Dr Muhammad Hanif Mughal, Chairman of Pakistan Tehreek-e-Shadbad, said on Tuesday that public anger against independent power producers (IPPs) is growing due to frequent tariff hikes. For decades, IPPs have…
SSGC continued to tighten its grip on the gas thieves involved in the direct pilferage by removing illegal connections and fake meters especially in the residential and commercial areas. In…
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…
A delegation of Asian Development Bank (ADB) Alternate Executive Directors visited WAPDA House the other day and discussed financing opportunities in WAPDA projects. The meeting was attended by Chiarman WAPDA…
Power generation went down by 13.7% YoY to arrive at 8,639 GWh (11,612 MW) during Apr'24, compared to 10,010 GWh (13,903 MW) during SPLY. However, on MoM basis power generation…
Topline Securities organized the Pakistan Mid Cap Conference 2024. The conference started with a session on K-Electric (KEL), where the key speakers of the session was Mr. Muhammad Aamir Ghaziani,…
Overseas Investors Chamber of Commerce and Industry (OICCI), and Shell Pakistan Limited are jointly hosting the Pakistan Energy Symposium. This dynamic event, curated by Nutshell Group, will take place on…
SSGC's pursuit of gas theft miscreants continues to gain momentum, with more than 1,045 illegal connections removed in the Company's franchise areas during a fresh set of raids. The Theft…
On Monday, the Pakistan Petroleum Dealers Association (PPDA) stated that the sale of smuggled Iranian oil has increased to an alarming level due to the administration's connivance in the province…
The Korangi Association of Trade and Industry (KATI) has applauded the recent significant reduction in petroleum prices. President Johar Qandhari emphasized that this decrease in petrol and diesel prices should…
Muhammad Kamran Arbi, President of the SITE Association of Industry has welcomed the mark able reduction in petrol & diesel prices by up to Rs.15/- per litre by the government. He…
Dr Muhammad Hanif Mughal, Chairman of Pakistan Tehreek-e-Shadbad, said on Thursday that economic development would remain a pipedream in the presence of Independent Power Producers (IPPs). He added that the…
Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) visited Mohmand Dam Project to review construction progress on key sites. He examined the inlets and outlets of the three diversion tunnels,…
The 969 MW Neelum Jhelum Hydropower Plant was shut down yesterday for a physical inspection of its head race tunnel to locate the problem that led to a decrease in…
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. Under clause…
The Hub Power Company Limited (HUBC) announced its 9MFY24 financial result today, where the company posted consolidated earnings of PKR 49,547mn (EPS: PKR 38.20), up by 47% YoY compared to…
The Hub Power Company Limited (HUBC) is scheduled to announce its 9MFY24 financial result on 29th Apr'24. We expect the company to post consolidated earnings of PKR 48,214mn (EPS: PKR…
We expect Hub Power Company Limited (HUBC) to post NPAT of PkR16.1bn (EPS: PkR12.42) in the third quarter of FY24, up 5%/43% on QoQ/YoY basis. The aforementioned increase in earnings…
