HUBC announced FY23's first interim payout of PKR15.50/share today after skipping DPS announcement in the final result of FY22. A significant payout prior to the slated quarterly earnings announcement shores…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said solar energy is being prioritized worldwide…
The Board of Directors of K-Electric approved the financial results for the company on 20 September 2022 for the year ended on 30 June 2022. Driven by prudent policies, the…
Power generation went down by 12.6% YoY to 14,053 GWh (18,888 MW) during Aug'22, compared to 16,078 GWh (21,610 MW) during Aug'21. The decline in a generation was owed to…
Mr. Moonis Alvi, CEO, K-Electric visited KE's customer care center in Lyari to review the utility's on-going operations to resolve customers' queries. During his visit, he also interacted with customers…
Inverterand energy storage solutions provider Zonergy and Bank of Punjab (BOP) discussed opportunities to advance cooperation at a meeting between the leaders of the two sides.The meeting, held between Mr.…
Executive Director and President of Xingchu Century Technology Co., Ltd.(Parent Company of Zonergy Solar Development Pakistan) Mr.Guo Jun, and Mr. Xu Hongchang, Vice President of Xingchu Century, along with company…
Chairman, NEPRA, Tauseef H. Farooqui said that, "In order to promote renewable energy (RE) in the country, Competitive Trading Bilateral Contracts Market (CTBCM) model is under trial and will be…
A TAL Joint Venture comprising MOL Pakistan Oil & Gas Co. B.V. (Operator), Oil & Gas Development Company Limited (OGDCL) (30% working interest in exploratory phase), Pakistan Petroleum Limited (PPL),…
Eight industrial associations of Karachi collectively denounced the decision to supply Captive Power Plants with subsidized indigenous gas, terming it a violation of the Gas Allocation Policy 2018. They revealed…
Hub Power Company (HUBC) held its corporate briefing today to discuss FY22 financial result and future outlook. Thar Energy Limited (TEL) achieved synchronization with national grid on Aug 03, 2022.…
Zonergy Solar development Pakistan, Pakistan's No.1 Solar solution provider, has participated in Pakistan's 18th International Trade and Industrial Fair. The three days exhibition was organized by E-commerce Pvt Ltd, which…
The Hub Power Company Limited (HUBC) announced its FY22 financial result today where the company posted a profit after tax (PAT) of PKR 28,472mn (EPS: PKR 21.95), down by 15%…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Wednesday said the decision of oil…
Kot Addu Power Company Limited (KAPCO) is scheduled to announce its FY22 financial result on Aug 31st 2022. We expect, the company to post a profit after tax of PKR…
The Hub Power Company Limited (HUBC) is scheduled to announce its FY22 financial result on Aug 25th 2022. We forecast the company to post a consolidated profit after tax of PKR…
Pakistan recorded its highest power generation of 143,192 GWh (16,346 MW) during FY22 up 10% YoY primarily led by (1) overall pickup in economic activity and (2) increased demand amid…
In line with the governing laws, rules, and regulations of the Government of Pakistan and NEPRA, various changes have been made to the rates of electricity and tariff structure that…
Karachi has faced the worst load shedding in history. People do not sleep well at night, but there is even a long shutdown during the day. Despite this, NEPRA has…
TPL Trakker Limited has recently partnered with Sui Northern Gas Pipelines Limited (SNGPL) for fleet management solutions. SNGPL is the largest integrated gas company that serves over 7.22 million consumers in…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance and Former Provincial Minister Mian Zahid Hussain on Monday said a serious LNG crisis…
A delegation of K-Electric's majority shareholders representing Saudi Arabia's Aljomaih Holding Company, Kuwait's National Industries Group (NIG) and Infrastructure Growth and Capital Fund (IGCF) called upon the Honorable Prime Minister…
As Pakistan has been facing with severe natural gas shortage for the last couple of years, it has started relying heavily on Liquefied Natural Gas (LNG). However, the government needs…
Karandaaz held a full-day webinar on the challenges and opportunities of renewable energy and energy efficiency in Pakistan. Leading experts and stakeholders in the renewable energy and climate finance space…
K-Electric requested the National Electric Power Regulatory Authority (NEPRA) to increase the power tariff by Rs 11.33 per unit on account of fuel charges adjustment (FCA) for the month of…