A 13-member Asian Development Bank (ADB) Mission, headed by Country Director, Progress Review Mission Mr. Yong Ye, called on Chairman WAPDA, Engr Lt Gen Sajjad Ghani (Retd). The ADB Mission…
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…
Muhammad Kamran Arbi, President of the SITE Association of Industry, expressed serious concern over the very low (almost zero) gas pressure in the SITE industrial area, Karachi. This pressure makes…
SSGC wishes a blessed Ramzaan Mubarak to its esteemed customers and would like to assure them of uninterrupted gas supplies for Sehar and Iftaar preparations. However, it must be remembered…
Hexing Energy (PVT) Ltd., a leading provider of smart and sustainable energy solutions, concluded its successful participation at the International Solar Pakistan Expo. This three-day event served as a platform…
The implementation Committee on Diamer Basha and Mohmand Dams (ICDBMD), constituted by the Honourable Supreme Court of Pakistan, met today to review the status relating to land acquisition and resettlement…
AE Power significantly impacted Solar Expo Pakistan, held in Lahore's Expo Centre, showcasing its commitment to spearheading Pakistan's green energy revolution. The event attracted considerable attention, signalling a growing national…
President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while expressing deep concerns over rising cost of doing business due to unbearable hike in energy tariffs, feared that…
Nishat Power Limited (NPL) announced its 1HFY24 financial result today where the company posted a profit after tax (PAT) of PKR 2,316mn (EPS: PKR 6.54), up by 13% YoY compared…
Due to the shortages of gas supplies in SSGC's system, the availability of gas has decreased, resulting in the depletion of the line pack, causing low pressures in the system.…
Mr. Saquib Fayyaz Magoon, Acting President FPCCI, has apprised that the industries in general, and industries in SMEs sector in particular, are on the verge of total collapse and shut…
· Power generation for the month of Jan'24 clocked in at 8,314GWh, increasing by 9.1%MoM while falling by 2.3%YoY compared to 8,515GWh in SPLY · Hydel generation remained down during…
Faisal Moiz Khan, President of the North Karachi Association of Trade & Industry (NKATI), has condemned the caretaker government's significant increase in gas tariffs, deeming it disastrous for industries and…
Hexing Energy (Pvt) Ltd., a pioneering entity in sustainable energy solutions, will participate in the upcoming Solar Pakistan Exhibition from February 27th to 29th, 2024. The company is a subsidiary…
Imran Maniar, MD, SSGC, performed the groundbreaking of the 24’ dia., 31-km gas pipeline project from Sales Meter Station (SMS) Kathore to SMS Surjani to supply gas to the western…
Hub Power Company (HUBC) held its corporate briefing today to discuss 1HFY24 financial results and future outlook. Regarding dividend policy, management stated that any surplus cash would be distributed among…
The Hub Power Company Limited (HUBCO), Pakistan's largest Independent Power Producer (IPP), will hold its Corporate Analysts Briefing on February 20, 2024. A pre-briefing uploaded by HUBCO on the Pakistan…
Muhammad Farooq Shaikhani, President of the Hyderabad Chamber of Small Traders & Small Industry, expressed concern over the recent 4.56 rupees per unit electricity price hike approved by the National…
President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, vehemently rejected the recent surge in gas prices, asserting that this decision poses a severe threat to the…
The President of the SITE Association of Industry, Muhammad Kamran Arbi, has condemned the recent increase in gas tariffs as approved by the Economic Coordination Committee and the caretaker government.…
President of the Hyderabad Chamber of Small Traders and Small Industry, Muhammad Farooq Shaikhani, has strongly criticised the Economic Coordination Committee's decision to implement a 65% increase in gas prices.…
The Federal Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar, presided over a meeting of the Cabinet's Economic Coordination Committee (ECC) today. The meeting was attended by the…
In a landmark achievement, the signing ceremony of the MoU between the Stakeholders on the Consortium Formation for the Machike-Thallian-Tarujabba White Oil Pipeline Project was held today at SIFC Secretariat,…
Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and Southeast…
Hub Power Company (HUBC) announced its 2QFY24 result wherein the company reported profit to equity owners of Rs15bn (EPS of Rs11.8), up 15% YoY while down 11% QoQ. HUBC announced…