Talking about the recent direction by the Ministry of Energy (Power Division) to change Net Metering Regulations, Mr. Waqas Moosa, Chairman of the Pakistan Solar Association, mentioned, "These new regulations…
Mari Energies Ltd (MARI) has achieved a second discovery at the Spinwam-1 well in the Waziristan Block, KPK (working interest: 55%), with tested flows of 20.5mmcfd of gas and 117bpd…
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,…
We raise our June 2026 TP for HUBC to PKR149/sh, driven by strong dividend potential, and upgrade our rating from Neutral to Buy. While our earnings estimates remain unchanged, enhanced…
Pakistan has abundant mineral resources and immense economic growth and industrial development potential. The country’s vast reserves of minerals, including coal, copper, gold, iron ore, chromite, and precious stones, provide…
Oil and Gas Development Company Limited (OGDCL), Pakistan's leading exploration and production (E&P) company, in collaboration with the Government of Pakistan and strategic partners, is set to organize the Pakistan…
Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has urged the government to immediately reduce electricity tariffs to Rs. 26 per unit to ensure the survival…
Solar Pakistan 2025, the region's largest and only dedicated alternative energy event, was organized by Fakt Exhibitions (Pvt.) Ltd. concluded on Sunday at the Expo Centre, Lahore. The flagship solar…
On Sunday, the All Pakistan Petroleum Dealers Association rejected the government's decision to deregulate oil prices. It warned of a countrywide strike to press for a reversal of the disastrous…
The Hub Power Company Limited (HUBC) is set to announce its 1HFY25 financial results on Feb 26th, 2025. We anticipate the company to report consolidated earnings of PKR 30,938mn (EPS:…
Power generation decreased by 1.9% YoY in Jan’25, reaching 8,152 GWh (10,957 MW), compared to 8,314 GWh (11,175 MW) in Jan’24. However, on a MoM basis, power generation increased by…
A delegation comprising Executive Directors of the World Bank visited the iconic Tarbela Dam today; therein, they had a detailed round of the Dam, Tarbela 4th Extension, and the under-construction…
Chairman of the Pakistan Tanners Association, Mr Hamid Arshad Zahur, has expressed deep concern at the proposed demand of Distribution Companies (DISCOs) to increase the security deposit charges by 2600%,…
Hub Power Company Ltd (HUBC) is expected to report a consolidated profit after tax of PKR10.1bn (EPS: PKR7.75) for 2QFY25, which will be a sharp decline of 47% QoQ and…
Nestlé, as part of its commitment to Pakistan’s vision for renewable energy, inaugurated a biomass boiler at its Kabirwala Factory under its PKR 2 billion umbrella investment in renewable power…
The Pakistan Textile Council (PTC), which represents 30% of Pakistan’s Textile export earnings, expresses its grave concerns over the Economic Coordination Committee’s (ECC) recent decision to increase the gas tariff…
Malik Khuda Bakhsh, Convener of the Energy Standing Committee of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), founding Vice Chairman of the Pakistan Petroleum Dealers Association (PPDA),…
Power generation increased by 1.0% YoY in Dec’24, reaching 7,800 GWh (10,484 MW), compared to 7,726 GWh (10,385 MW) in Dec’23. However, on a MoM basis, power generation declined by…
President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani, while strongly criticizing K-Electric (KE) for subjecting Karachi’s residents and businesses to intensified load-shedding, urged the federal government to…
The Korangi Association of Trade and Industry (KATI) President, Junaid Naqi, has hailed the federal cabinet’s decision to revise contracts with 14 Independent Power Producers (IPPs) as a transformative step…
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,…
President Karachi Chamber of Commerce & Industry (KCCI) strongly opposes the Oil and Gas Regulatory Authority’s (OGRA) recommendation for a gas price hike for Sui Southern Gas Company Limited (SSGCL).…
Power generation increased by 6.4% YoY in Nov’24 to reach 8,032 GWh (11,156 MW), compared to 7,547 GWh (10,482 MW) in the same period last year. However, on a MoM…
Sui Southern Gas Company is rehabilitating its ageing gas distribution infrastructure across Karachi. This is a crucial step towards improving the reliability and efficiency of gas supply to its domestic…
InfraZamin Pakistan and Saudi Pak Industrial and Agricultural Investment Co Ltd signed a landmark transaction to provide an 11.5-year Distributed Solar Financing Facility to Acumen Energy Limited (Acumen) for PKR…
