Fuel prices hit record high as caretaker government hikes rates
KARACHI: The prices of petrol and diesel reached a record high on Tuesday, as the newly installed caretaker government raised fuel prices by up to Rs20 per litre, the second…
Lucky Cement Awarded 20th Annual Environment Excellence Award 2023
Karachi: Lucky Cement Limited (psx: LUCK) won the Environment Excellence Award at the 20th Annual Environment Excellence Awards 2023, organized by The National Forum of Environment and Health (NFEH). Lucky…
Profit-making PG companies managed to throw dust in Ogra’s eyes, Due to illegal profiteering of companies, LPG has become 220 rupees per kg, Imran Farooqui
KARACHI: The profit-making PG companies managed to throw dust in the eyes of OGRA and on Friday, instead of selling at the rate set by OGRA, the retail price of…
Power generation in May 2023 up by 23% MoM but down by 10% YoY
KARACHI: The latest data from the National Electric Power Regulatory Authority (NEPRA) shows that the total power generation in May 2023 was recorded at 12,284GWh, reflecting a 23% increase on…
Ericsson rides the next wave of 5G with new RedCap solution
Ericsson unveiled today a new reduced capability RAN software that will enable new 5G use cases and enhance existing ones for an array of devices such as smartwatches, other wearables,…
Industrialists welcome Subsidy on Gas, Faraz-ur-Rehman Subsidy to be extended beyond two months, will assist the industry, President KATI
Karachi: Faraz-ur-Rehman, President of the Korangi Association of Trade and Industry (KATI), welcomed the government’s announcement of gas subsidy, stating that the industrial sector had been facing difficulties due to…
OGRA SHARES LPG CYLINDER BLAST INCIDENT INVESTIGATION REPORT WITH CHIEF SECRETARIES
The Oil and Gas Regulatory Authority (OGRA) has released its investigation report on the LPG Cylinder Blast incident that occurred at Crunch Bite Restaurant in District Narowal, resulting in the…
OGRA Webinar on LNG
Islamabad: The Oil & Gas Regulatory Authority on 18th of May 2023 conducted the 1st Session of the knowledge sharing Webinar on LNG. The participants included Ministry of Energy, Engro…
Agreement of K-Electric and the Govt of Sindh for the coal powered generation was a long standing demand, KATI
Relying on coal and renewable energy instead of expensive RLNG is inevitable, President Faraz-ur-Rehman: Karachi: President of the Korangi Association of Trade and Industry (KATI), Faraz-ur-Rehman, expressed gratitude for the…
KCCI demands immediate restoration of RCET for electricity, natural gas, RLNG
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while expressing deep concerns over withdrawal of Regionally Competitive Energy Tariffs (RCET) earlier on electricity and now abruptly…
Energy-efficient Ericsson radios win Red Dot Product Design Award
Ericsson has once again shown that its industry design innovation is top-notch by winning this year’s Red Dot Product Design Award for two energy-efficient 5G radios. In addition to the…
Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31, 2023
Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31, 2023. Overview of Financial Performance: Engro Corporation’s standalone revenue for the first quarter was PKR 6.4…
Balochistan industries are under threat of closure due to an Acute Low Pressure in the Hub Industrial Area Ismail Suttar, President Lasbela Chamber of Commerce & Industry
Mr. Ismail Suttar, President of the Lasbela Chamber of Commerce and Industry warned that the acute shortage of Gas and very low gas pressures in Hub have forced many factories…
Zonergy High-performance Products displayed in Key Energy 2023 Exhibition of Italy
Pakistan: Zonergy Corporation, along with its distributors WIBY and Desasolar, exhibited high-performance Smart energy products in Key Energy 2023 Rimini, the International Expo on Energy and Sustainable Mobility, which was…
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Explanatory Notes Complete Edition 2022
Explanatory Notes Complete Edition 2022 Explanatory Notes Complete Edition 2022
National Policy Dialogue on Localization for Growth to be held on March 13
KARACHI: A distinguished line of speakers will be gathering on March 13, 2023 for a conference on National Policy Dialogue on the Power Sector under the theme of “Localisation for…
Renewable energy officials, experts discuss ways to de-carbonize power sector
Islamabad: Renewable energy officials and experts in an international webinar organized jointly by Agora Energiewende, Germany and Institute of Policy Studies (IPS) reviewed and discussed the ‘2030 solar and wind…
Engro Corporation FY 2022 Results
Karachi: Pakistan’s premier conglomerate, Engro Corporation Limited (PSX: ENGRO) announced its financial results for the year ended December 31, 2022. Overview of Financial Performance during 2022: Engro Corporation’s standalone revenue…
Customers at heart: K-Electric files a robust invest plan of customers of Rs.484 billion for sustainable power supply to Karachi
KARACHI: K-Electric has filed its investment plan FY 2024-2030 for Transmission and Distribution segments. The futuristic plan keeps its customers at the heart of the business and seeks to leverage…
Thar coal vital for survival, say experts
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,…