HUBC renews sponsor guarantees for TEL and TNTPL
The Board of HUBC has approved an extension of Sponsor Support Contribution Letters of Credit (SSC LCs) for Thar Energy Limited (TEL) and ThalNova Power Thar (Pvt) Ltd (TNTPL), amounting…
SECMC’s CEO, Amir Iqbal, highlighted the success of Thar Block II
Sindh, home to one of the largest indigenous coal reserves in Thar and significant renewable energy potential, is poised to become Pakistan’s energy hub. Speaking at the Sindh Energy Diversity…
1530 MW-Tarbela 5th Extension HPP likely to start electricity generation in 2026’
Federal Minister for Water Resources Mian Muhammad Mueen Wattoo has stated that the Federal Government is committed to adding clean, green, and environment-friendly electricity to the national grid as a…
Energy policies are pushing the economy toward collapse
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
Experts call for immediate simplification of convoluted power tariff structure
The Sustainable Development Policy Institute (SDPI) recently hosted a discussion titled, ‘Post budget dialogue on electricity pricing: Impact of fiscal priorities and tariff reforms’. The session brought together key energy…
Government must withdraw the hike in petroleum prices – Syed Aman Shah
Syed Aman Shah, Provincial Convener of the Awaam Pakistan Party Balochistan, has demanded that the government immediately withdraw the recent hike in petroleum prices. He stated that this increase will…
UBG expresses concern over fuel price hike; warns of adverse economic impact
The leadership of the United Business Group (UBG) — including Zubair Tufail, Khalid Tawab, Hanif Gohar, and Syed Mazher Ali Nasir — has expressed deep concern over the recent increase…
Gas price hike: Higher production costs will hit exports and increase unemployment,” Junaid Naqi
Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has strongly opposed the federal government’s decision to increase gas prices for the industrial sector, bulk consumers, and…
Plots to sabotage the solar industry are in motion, according to Shahid Rashid Butt.
Shahid Rashid Butt, a prominent business leader and former president of the Islamabad Chamber of Commerce, has raised concerns by alleging that some policymakers are actively working to dismantle Pakistan's…
KCCI Leadership strongly opposes the proposed gas tariff hike for industry
Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, while strongly opposing proposal to increase gas tariff for industrial processes in the…
Efforts to eliminate circular debt are commendable: Mian Zahid Hussain
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
The promotion of renewable energy should not be hindered: Mian Zahid Hussain
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
Solar tax defies national interest and hurts the public
Renowned economic expert and business leader Dr Shahid Rasheed Butt stated on Friday that the decision to impose a tax on solar panels is not only unwise but also a…
Livoltek is committed to providing cost-effective solar solutions
Livoltek is committed to providing cost-effective solar solutions for Pakistani households and businesses, despite the challenges posed by the 2025 budget, including new taxes on imported solar equipment and changes…
Electricity underutilization and circular debt demand urgent power sector reforms
To address the challenge of electricity underutilization, privatization can be a viable option, provided certain prerequisites are met. The process should follow a phased, step-by-step approach. For other issues in…
Frequent changes to net metering regulations are detrimental to solar energy metering
The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Aman Paracha, has condemned the repeated and oppressive changes to the net metering regulations by the…
Bilwani urges govt to propose relief for industries of RLNG, indigenous gas
President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, has called upon the government to urgently reevaluate its energy procurement and pricing strategies to safeguard Pakistan’s industrial sector…
PM urged to ensure provision in this year’s budget for release of pending Rs23 billion
President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has appealed the Prime Minister Muhammad Shehbaz Sharif to ensure that the long-pending relief of Rs23 billion in the electricity…
Saif Power has cash and investments of PkR 5.2 billion (PkR 13.5/share)
Saif Power Ltd (SPWL) hosted its analyst briefing earlier today to discuss performance for the calendar year 2024 and share insights on its future outlook. Below are the key highlights. * …
Livoltek unveils advanced Solar and EV Charging Solutions at ISE M 2025 in Lahore
Livoltek, a leading provider of smart solar energy solutions, has a strong presence today at the 10th ISEM Pakistan Solar Exhibition, held at the Expo Centre Lahore from May 23–25,…
Lalpir Power holds PkR9.6 billion in cash and short-term investments
Lalpir Power Ltd (LPL) held an analyst briefing today to discuss its financial results for 2024 and its future outlook. The company operates a 362MW RFO-fired steam turbine and recently…
LUMS Energy Institute and NGC to host a workshop on power sector indigenization
The LUMS Energy Institute, in collaboration with the National Grid Company (NGC), formerly NTDC, will host the National Consultative Workshop on the Power Sector Indigenization Road Map on Saturday, May…
Power Generation up 25%YoY in Apr’25
Power generation for Apr’25 clocked in at 10,513GWh, marking an increase of 22%YoY/25%MoM. The rise is driven by elevated cooling demand amid rising temperatures and reduced reliance on captive generation…
Clean energy shift meets resistance in Pakistan
Once seen as a beacon of hope for a sustainable future, Pakistan’s renewable energy journey now stands at a perilous crossroads. The recent amendments proposed to the country’s net-metering policy…
ENGROH reports consolidated earnings of PkR1.8bn (EPS: PkR1.47) in 1QCY25
Engro Holdings Ltd. (ENGROH) announced its 1QCY25 results, reporting consolidated earnings of PkR1.8bn (EPS: PkR1.47) compared to PkR4.0bn (EPS: PkR3.34) in SPLY, down 56%YoY. The said decline is primarily attributed…