The government has successfully negotiated with five IPPs to terminate their PPAs prematurely. Two of these five IPPs are from the listed space: Hub Power Co. Ltd. (HUBC) and Lalpir…
SSGC continued to tighten the noose on gas theft miscreants through multiple targeted raids in Sindh and Balochistan. In fresh operations conducted by the Company’s Security Services and Counter Gas…
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, on Friday, lauded the government for deciding to suspend the supply of…
The Korangi Association of Trade & Industry (KATI) has officially requested the Ministry of Energy to conduct a forensic technical and financial audit of the Central Power Purchasing Agency (Guarantee)…
Dr. Rüdiger Lotz, the German Consul General, recently visited Thar Coal Block II in Pakistan’s Tharparkar district to observe the operations of the Sindh Engro Coal Mining Company (SECMC), the…
The Hub Power Company held its financial briefing today. The following are the key takeaways from today HUBC's annual general meeting (AGM). Brief takeaways The Board informed that the company…
Recently, news has been circulating regarding the termination of IPPs under the 1994 and 2002 Power Policy. The government has reportedly planned to shift old power plants from the current…
AHCML Research has reviewed HUBCO's performance and future efforts to increase revenue. Analysts believe that HUBCO's higher value is still intact. Earnings ~ of PKR95 bn are expected over the next…
LUMS is hosting Asia’s Energy Transition Summit on September 28 – 29 to facilitate discussion on the transition to renewable energy. Leading energy experts, researchers, civil society activists, policymakers, and…
SSGC continued to tighten the noose on gas theft miscreants through multiple targeted raids in its franchise provinces of Sindh and Balochistan. The Company raided domestic and commercial customers involved…
The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid…
Former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Wednesday that mega corruption and incompetence in the energy sector pose a more…
Amin Rajput, Acting Managing Director of SSGC, broke ground for the rehabilitation of the Company's 1,000 km distribution network in North Nazimabad and North Karachi. The need to rehabilitate this…
Power generation declined by 17.4% YoY to arrive at 13,179 GWh (17,714 MW) during Aug'24, compared to 15,959 GWh (21,450MW) during SPLY. Moreover, on a MoM basis, power generation witnessed…
Monis Alvi, K-Electric's Chief Executive Officer, has expressed his support for the entry of other electricity distribution companies in Karachi. He stated that competition would foster an environment where performance…
SSGC continued to tighten the noose on gas theft miscreants through multiple targeted raids in its Sindh and Balochistan franchise provinces. A few arrests were made in a fresh set…
Extremely heartening and vibrant participation from the Solar industry marked the commencement of the highly anticipated Eighth ISEM Pakistan Solar Exhibition at the Layllpur Garrison Marquee, Faisalabad. The event, inaugurated…
SSGC continued to tighten the noose on gas theft miscreants through fresh arrests and multiple targeted raids in its Sindh and Balochistan franchise provinces. The company’s Security Services and Counter…
Managing Director of Sui Southern Gas Company (SSGC), Imran Manyar, announced that new high-pressure gas lines have been installed for Korangi and other industrial areas in Karachi to enhance gas…
K-Electric’s aggressive citywide anti-theft crackdown is being fiercely resisted by the Kunda mafia, blocking roads and disrupting the city to maintain their illegal connections over settling their outstanding dues. In…
The Sui Southern Gas Company Ltd., in its efforts to curtail the UFG (Unaccounted for Gas), has been taking active steps to prevent its increase. One major contributor to UFG…
Pakistan State Oil (PSO), the leading energy company, in collaboration with the Government of Gilgit-Baltistan, proudly announces the launch of the "Blue LPG Initiative," a pioneering project aimed at transforming…
Oil and Gas Development Company (OGDC), the operator of the Sinjhoro Block in Sindh, has discovered Baloch-2 in the Sembar Formation. Baloch-1 was found in 2009 but was fully depleted…
Due to the shortages of gas supplies in SSGC’s system, gas availability has decreased, resulting in the depletion of the line pack and low pressures in the system. Under clause…
The Sustainable Development Policy Institute (SDPI) and Network for Clean Energy Transition (NCET) organized a consultative discussion on “Privatization of Pakistan’s power utility sector: Opportunities and the lessons learnt.” The…