SSGC Alternate Energy (Pvt.) Limited (SSGC-AE) and Green Waste Energy have entered into a Memorandum-of-Understanding (MoU), unlocking the potential of "Green Molecules" Renewable Natural Gas. In a strategic move, Green…
We update our estimates for HUBC and maintain our Buy rating with a revised TP of PKR140/sh. Our liking is based on coal capacity addition and increasing dividend payouts. Potential…
Dawlance has converted one of its manufacturing facilities in Karachi to Solar-Power, with an investment of more than 600,000 Euros. This solar plant will enable the DPL factory to produce…
Power generation increased by 13.6% YoY to 15,959 GWh (21,451 MW) during Aug'23, compared to 14,053 GWh (18,888 MW) during Aug'22. On MoM basis, generation also increased by 7.5%. Due…
Sui Southern Gas Company has said today that since early morning today (Thursday), the gas utility has been facing tough challenges, as two of the gas fields from which SSGC…
Pakistan Solar Association (PSA) has expressed gratitude to the caretaker government for its decision to maintain the current Net Metering rate for solar energy users, as Minister for Energy Muhammad…
Kot Addu Power Company Limited (KAPCO) announced its 4QFY23 financial result today where the company posted a profit after tax (PAT) of PKR 84mn (EPS: PKR 0.10), down by 95%…
The President of the Korangi Association of Trade and Industry (KATI), Faraz-ur-Rehman, has voiced deep concern over the unprecedented surge in petroleum product 0prices, marking an all-time high in the…
Pakistan Water and Power Development Authority (WAPDA) signed an agreement worth Rs.776.3 million to a joint venture for consultancy services for Stage-II of Kurram Tangi Dam Project. The joint venture…
Nishat Chunian Power Limited (NCPL) announced its 4QFY23 financial result today, where the company posted a profit after tax (PAT) of PKR 1,225mn (EPS: PKR 3.33), up by 104% YoY,…
Power generation increased by 4.9% YoY to 14,839 GWh (19,945 MW) during July '23, compared to 14,151 GWh (19,020 MW) during July '22. On a MoM basis, generation also increased…
Sui Northern Gas Pipelines Ltd held its analyst briefing earlier today, wherein the management discussed the following: · SNGP holds the distinction of being the largest gas distribution company in…
Lucky Cement informed the Pakistan Stock Exchange (PSX) on 21st August 2023 about the successful completion and commissioning of our 25 MW captive solar power plant located at its manufacturing…
In a pressing call to action, Sheikh Umer Rehan, former president of the Korangi Association of Trade and Industry (KATI), has underscored the critical importance of discovering untapped gas reserves…
On Wednesday, Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW), said that the most important electricity sector suffers from incompetence and corruption. He said that this sector has become…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Tuesday welcomed the Caretaker Prime…
Echoing the collective concerns of Pakistan's business, industry and trade community, Mr. Irfan Iqbal Sheikh, President of FPCCI, has termed the latest PKR. 7.5 / kWh hike in the electricity…
The Korangi Association of Trade and Industry (KATI) President, Faraz-ur-Rehman, in a strong stance against the frequent surge in electricity prices, has raised concerns about the devastating impact on the…
United Business Group (UBG), representing the nation's economic backbone, stands united in expressing profound concern and anxiety over the recent exorbitant increase in electricity tariffs. This hike has raised significant…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Sunday that the government had increased the power tariff by 27 per cent,…
The Pakistan Solar Association (PSA) has been inundated with inquiries from member companies and stakeholders within the Pakistan solar industry concerning purported changes to the time-of-use tariff for customers of…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr Shahid Rasheed Butt, said on Sunday that the new increase in the price of electricity is condemnable. The…
Pakistan is experiencing the peak of summer, accompanied by the misery of prolonged power outages across the country. Reports indicate a significant shortfall of 6,000 megawatts in electricity supply. Khalid…
President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while expressing sheer dismay over complete suspension of gas supplies for two days a week to industries in Karachi,…
· Central Power Purchasing Authority (CPPA) has disbursed PKR 142bn to IPPs to reduce the stock of circular debt. · The development aligns with the IMF's recommendation of reforms and…
