Metro Cash & Carry installing solar power plants at all its stores
KARACHI: Metro Cash & Carry Pakistan has entered into a long term Power Purchase Agreement (PPA) with Shams Power to install and operate solar power plant at their stores all…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Metro Cash & Carry Pakistan has entered into a long term Power Purchase Agreement (PPA) with Shams Power to install and operate solar power plant at their stores all…
KARACHI: The overall electricity generation surged 9.0 percent YoY in April 2019 to 9,717GWh, data released by National Electric Power Regulatory Authority (NEPRA) suggests. “The increase in production is mostly…
KARACHI: Pakistan LNG Limited (PLL) has invited tenders for international bidders for spot purchase of liquid natural gas (LNG) for three months (July-September) amidst on-going price negotiation with Qatar for…
KARACHI: The joint venture of Nim block comprising Oil and Gas Development Company Limited (OGDCL) and Government Holding Private Limited (GHPL) has discovered gas and condensate from its exploratory cum…
KARACHI: K-Electric continues to remain committed to energizing Bin Qasim Industrial Park (BQIP), but the terms and conditions stipulated in the Memorandum of Understanding (MoU) signed with National Industrial Parks…
KARACHI: Port Qasim Electric Power Company (PQEPC), the first power project under China Pakistan Economic Corridor (CPEC), is facing a liquidity crunch as its accumulated receivables have reached $150 million…
Karachi: In response to a query about power supply status in Karachi during Ramadan, K-Electric shared that it is committed to provide maximum relief to its customers.Spokesperson KE said that…
KARACHI: According to the latest numbers revealed by the Oil Companies Advisory Committee (OCAC), volumetric sales for both black and white oil declined during 10MFY19 (July-April 2018-19) with overall oil…
KARACHI: The Central Power Purchasing Agency (CPPA) has approached National Electric Power Regulatory Authority (NEPRA) seeking approval for the market operation fee of Rs2.3812/kW/month to meet its revenue requirements for…
KARACHI: During April 2019, Gross Refining Margins (GRMs) averaged US$9.56/bbl, marking an increase of US$2.07/bbl or 29 % YoY. GRMs during the month trended upwards as Motor Gasoline (MS) and…
KARACHI: K-Electric, Pakistan’s only vertically integrated power utility has signed an agreement with the state-owned China Machinery Engineering Corporation (CMEC) for the development a state-of-the-art 700MW Independent Power Producer (IPP)…
SINGAPORE: Pakistan State Oil (PSO) issued this week its first fuel oil import tenders for 2019 as the state-owned energy firm prepares for rising summer demand, Reuters reported on Tuesday.PSO,…
KARACHI: The All Pakistan CNG Association (APCNGA) on Monday said over twenty multinational and local companies are keen to invest billions in the gas sector of Pakistan which should be…
KARACHI: Pakistan’s overall power generation during March 2019 stood at 7,621Gwh, down 13 percent against 8,741Gwh in the corresponding month of last year, while electricity generation was up 14 percent…
KARACHI: K-Electric (KE) is highlighting its Energy Conservation initiatives and New Connection policies at the 2019 IAPEX Building Materials Exhibition & Conference, organised by the Institute of Architects Pakistan (IAP)…
KARACHI: In line with its commitment to strengthen power supply to the city of Karachi, the power utility has recently energized a new 220 KV Surjani Grid Station along with…
KARACHI: Pakistan’s Liquefied natural gas (LNG) imports in nine months (July-March 2018-19) stood at $2.404 billion, up 49.30 percent as compared with LNG imports of 1.61 billion in the corresponding…
ISLAMABAD: Pakistan Petroleum Limited (PPL) has made history by becoming the first Pakistani company to successfully spud its first international exploration well in Iraq. This achievement has firmly imprinted PPL’s…
Contextualizing the energy crisis in Pakistan. With a rising population and an expanding economy, Pakistan’s energy needs have outpaced its national energy supply. Exacerbating the demand-supply gap is Pakistan’s unsustainable…
KARACHI: The All Pakistan CNG Association (APCNGA) on Tuesday said any further hike in the tariff of gas will leave CNG sector bankrupt. “The provinces of Sindh and Khyber Pakhtunkhwa…