IPO oversubscribed: KE concludes issuance of Pakistan’s first retail listed short-term Sukuk

K-Electric (KE) successfully concluded the Initial Public Offering (IPO) of Pakistan’s first retail listed short-term Sukuk, attracting 2.2x times more bids than its target of PKR 2 billion. The funds…

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SSGC: Routine gas load management is called off for the night between August 13th and 14th

Sui Southern Gas Company extends heartiest felicitations to its valued customers on the joyous occasion of Independence Day of Pakistan. To further enhance the joy of Independence Day celebrations and for…

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PBF and RF demand a shift from a single-buyer model to a transparent and competitive electricity market

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Sindh Energy Minister Syed Nasir Shah announced that the government supports the business community. The Sindh government has already established the Sindh Electric Power Regulatory Authority (SEPRA) to address provincial…

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Thar projects key to energy security and regional development: Minister Syed Nasir Shah

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Syed Nasir Hussain Shah, Sindh’s Minister for Energy, reiterated the government’s commitment to utilizing Thar coal resources for Pakistan’s energy security. During a visit to Thar Blocks I and II,…

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Establishment of EV stations in Sindh by Malik Group is a welcome step, Syed Nasir Hussain Shah

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Sindh Minister for Energy, Syed Nasir Hussain Shah, commended Malik Khuda Bakhsh, Convener of the FPCCI Energy Committee, for his efforts in installing electric vehicle (EV) charging equipment across Pakistan.…

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Unrelenting hike in fuel prices will cripple industry and burden the common man, KATI

The Korangi Association of Trade and Industry (KATI) has strongly rejected the recent surge in petroleum product prices announced by the government. KATI President Junaid Naqi expressed grave concern over…

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Experts call for immediate simplification of convoluted power tariff structure

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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…

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Gas price hike: Higher production costs will hit exports and increase unemployment,” Junaid Naqi

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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…

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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…

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