· The ECC has approved gas price increase across sectors, including those for the domestic consumers. The gas price increase was a demand of the IMF while it was visiting…

Nishat Power Limited (NPL) announced its 2QFY23 financial result recently where the company posted a profit after tax (PAT) of PKR 1,101mn (EPS: PKR 3.11), up by 48% YoY, compared…

As per the PSX notice, ThalNova Power Thar (Private) Limited (TN) has achieved Commercial Operation Date (CoD) effective from Feb 17, 2023. TN is a joint venture between The Hub…

Nishat Power Limited (NPL) is scheduled to announce its 2QFY23 financial result on Feb 13th, 2023. We expect the company to post a profit of PKR 699mn (EPS: PKR 1.97)…

The National Electric Power Regulatory Authority (NEPRA) approved a reduction of Rs. 10.79 /unit on account of Fuel Charge Adjustments (FCA) for December 2022. Through a notification, the Authority issued…

Pakistan's energy sector is facing a major challenge as coordination between capacity generation and distribution is lacking. This lack of coordination has resulted in a mismatch between demand and supply,…

Committed to providing clean, affordable, and sustainable power for people of Pakistan including K-Electric's growing base of over 3.4 million customers, CEO K-Electric, Mr. Syed Moonis Abdullah Alvi and Mr.…

   ·         Power generation has clocked in at 8,417GWh for the month of Dec'22, remaining flat MoM while decreasing by 4.5%YoY compared to 8,815GWh generated last year. Circular debt for the…

Mari Petroleum Company Limited (MARI) reported its 2QFY23 earnings recently, wherein the company posted Profit After Tax (PAT) of PkR 11.15bn (EPS: PkR83.56) for the quarter, lower by 12%QoQ and,…

Chairman WAPDA Engineer Lt Gen Sajjad Ghani (Retd) was briefed during his visit to under-construction Mohmand Dam Project that the diversion system is scheduled for completion in November this year,…

Power generation went down by 5% YoY to 8,417 GWh (11,313 MW) during Dec'22, compared to 8,827 GWh (11,865 MW) during Dec'21. The decline in the generation was owed to…

Chairman WAPDA Engineer Lt Gen Sajjad Ghani (Retd) visited Tarbela 4th Extension Hydel Power Station (T4) and inspected operation and maintenance (O&M) activities of the power station, commissioned in 2018.…

Pakistan Muslim League-Nawaz (PML-N) Senator Capt. Shaheen Khalid Butt hoped that Letters of Credit (LCs) for imports will be opened soon, which will help facilitate the solar energy sector in…

Chairman WAPDA Engineer Lt Gen Sajjad Ghani (Retd) has directed the project management to make concerted efforts to minimising the adverse impact of the recent flood on the implementation of…

K-Electric has requested NEPRA to pass a reduction of PKR 10.26 per unit in customer bills under Fuel Charges Adjustment (FCA) for the month of December 2022. This request has…

Sui Southern Gas Company Managing Director Imran Maniar said that SSGC lost 21 billion rupees in the past, which has now turned into a profit of 2 billion rupees after…

·         Gas sector circular debt has ballooned to ~PkR1.5tr according to recent news flow, with OGDC, PPL and PSO amongst those affected by it. OGDC/PPL Trade debts have increased to PkR490bn/PkR401bn,…

WAPDA has awarded contract Package XI of the Mangla Refurbishment Project for Units 9 and 10 to G.E Hydro France. The contract worth Rs.11.922 billion includes the two units' manufacturing,…

The Lasbela Chambers of Commerce and Industry (LCCI) strongly supports the decision of Sui Sothern Gas Company (SSGC) to supply residential consumers with gas cylinders instead of gas through pipelines.…

Chairman National Electric Power Regulatory Authority (NEPRA) Touseef Hassan Farooqi, while expressing sheer disappointment over the performance of DISCOs across Pakistan including K-Electric, stated that KE, being a private entity…

Construction work continues simultaneously on 12 different sites of the Dasu Hydropower Project. The critical diversion system will be completed in May this year, while electricity generation from the project…

Intermarket securities, a leading brokerage firm, confirmed a 4.5 million USD valuation for NetLine, a family-owned business in the energy and power sector. NetLine is known as one of the…

For the month of November, K-Electric has filed a petition for a reduction in FCA at the rate of PKR 7.04 /kwh (per unit). NEPRA will conduct a public hearing…

Power Generation was down by 1.4% YoY during Nov'22 Power generation went down by 1% YoY to 8,367 GWh (11,621 MW) during Nov'22, compared to 8,482 GWh (11,780 MW) during…

Chief Minister Sindh Murad Ali Shah and Sindh Energy Minister Imtiaz Shaikh attended the groundbreaking ceremony at KE's KKI Grid. This is the 73rd grid in KE's network and provides…