Challenging socio-political and macroeconomic factors have had a cascading impact on multiple sectors including KE which grapples with immense challenges during the first half of FY23. Surging inflation, policy rate…
Attock Petroleum Ltd (APL) announced result for 2QFY23 where company posted unconsolidated PAT of PkR1.25bn (EPS: PkR10.03), down by 70% on a QoQ basis against PAT of PkR4.1bn (EPS: PkR33.3)…
The Hub Power Company Limited (HUBC) announced its 2QFY23 financial result where the company posted a profit after tax (PAT) of PKR 13.3bn (EPS: PKR 10.25), up by 177% YoY…
· Power generation for the month of January has clocked in at 8,515GWh, remaining flat MoM while decreasing by 3.2%YoY compared to 8,797GWh generated last year. Circular debt for the power…
A 5-member delegation of the Asian Development Bank (ADB) called on Chairman WAPDA Engineer Lt Gen Sajjad Ghani (Retd) today. The delegation was comprised of Executive Director for Pakistan Noor…
Kot Addu Power Company Limited (KAPCO) announced its 2QFY23 financial result today where the company posted a profit after tax (PAT) of PKR 1,076mn (EPS: PKR 1.22), down by 68%…
Nishat Chunian Power Limited (NCPL) announced its 2QFY23 financial result today where the company posted a profit after tax (PAT) of PKR 878mn (EPS: PKR 2.39), up by 59% YoY,…
Kot Addu Power Company Limited (KAPCO) is scheduled to announce its 2QFY23 financial result on Feb 22nd 2023. We expect the company to post a profit after tax of PKR 1,264mn…
· The ECC has approved gas price increase across sectors, including those for the domestic consumers. The gas price increase was a demand of the IMF while it was visiting…
Nishat Power Limited (NPL) announced its 2QFY23 financial result recently where the company posted a profit after tax (PAT) of PKR 1,101mn (EPS: PKR 3.11), up by 48% YoY, compared…
As per the PSX notice, ThalNova Power Thar (Private) Limited (TN) has achieved Commercial Operation Date (CoD) effective from Feb 17, 2023. TN is a joint venture between The Hub…
Nishat Power Limited (NPL) is scheduled to announce its 2QFY23 financial result on Feb 13th, 2023. We expect the company to post a profit of PKR 699mn (EPS: PKR 1.97)…
The National Electric Power Regulatory Authority (NEPRA) approved a reduction of Rs. 10.79 /unit on account of Fuel Charge Adjustments (FCA) for December 2022. Through a notification, the Authority issued…
Pakistan's energy sector is facing a major challenge as coordination between capacity generation and distribution is lacking. This lack of coordination has resulted in a mismatch between demand and supply,…
Committed to providing clean, affordable, and sustainable power for people of Pakistan including K-Electric's growing base of over 3.4 million customers, CEO K-Electric, Mr. Syed Moonis Abdullah Alvi and Mr.…
· Power generation has clocked in at 8,417GWh for the month of Dec'22, remaining flat MoM while decreasing by 4.5%YoY compared to 8,815GWh generated last year. Circular debt for the…
Mari Petroleum Company Limited (MARI) reported its 2QFY23 earnings recently, wherein the company posted Profit After Tax (PAT) of PkR 11.15bn (EPS: PkR83.56) for the quarter, lower by 12%QoQ and,…
Chairman WAPDA Engineer Lt Gen Sajjad Ghani (Retd) was briefed during his visit to under-construction Mohmand Dam Project that the diversion system is scheduled for completion in November this year,…
Power generation went down by 5% YoY to 8,417 GWh (11,313 MW) during Dec'22, compared to 8,827 GWh (11,865 MW) during Dec'21. The decline in the generation was owed to…
Chairman WAPDA Engineer Lt Gen Sajjad Ghani (Retd) visited Tarbela 4th Extension Hydel Power Station (T4) and inspected operation and maintenance (O&M) activities of the power station, commissioned in 2018.…
Pakistan Muslim League-Nawaz (PML-N) Senator Capt. Shaheen Khalid Butt hoped that Letters of Credit (LCs) for imports will be opened soon, which will help facilitate the solar energy sector in…
Chairman WAPDA Engineer Lt Gen Sajjad Ghani (Retd) has directed the project management to make concerted efforts to minimising the adverse impact of the recent flood on the implementation of…
K-Electric has requested NEPRA to pass a reduction of PKR 10.26 per unit in customer bills under Fuel Charges Adjustment (FCA) for the month of December 2022. This request has…
Sui Southern Gas Company Managing Director Imran Maniar said that SSGC lost 21 billion rupees in the past, which has now turned into a profit of 2 billion rupees after…
· Gas sector circular debt has ballooned to ~PkR1.5tr according to recent news flow, with OGDC, PPL and PSO amongst those affected by it. OGDC/PPL Trade debts have increased to PkR490bn/PkR401bn,…
