Urea prices do not have any impact on food inflation
Karachi: The fertilizer industry is playing a critical role in ensuring food security and managing food inflation in Pakistan through adequate and affordable supply of urea at one fifth the…
SBP eases conditions for renewable energy solution providers under renewable energy financing scheme
To promote investment in renewable energy solutions by companies, State Bank of Pakistan (SBP) has eased the conditions for renewable energy solution providers under its Refinance Scheme for Renewable Energy.…
Lucky Cement Awarded Environment Excellence Award 2021
Karachi: Lucky Cement Limited (psx: LUCK) won the Environment Excellence Award at the 18th Annual Environment Excellence Awards 2021, organized by The National Forum of Environment and Health (NFEH). The…
Engro signs PKR 4,500 million Islamic syndicated facility with Meezan Bank
Karachi: Engro Enfrashare, a wholly owned subsidiary of Engro Corporation, has entered into an Islamic syndicate arrangement amounting to PKR 4,500 million, led by Meezan Bank and Faysal Bank. The…
Engro Corporation Half Year 2021 Results
Karachi: Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the second quarter ended June 30, 2021. Overview of Financial Performance: Engro delivered a strong operational performance…
Engro implements solarization project at Aiwan-i-Sadr under Green Presidency Initiative
Engro implements solarization project at Aiwan-i-Sadr under Green Presidency Initiative. To support the Government’s climate change and green energy initiatives, Engro Corporation has implemented a 1 MW solarization project under…
Reon Energy Announces Commissioning of 14.3 MW Solar Power Project at BCL Farooqia Plant
Pakistan – Bestway Cement and Reon Energy Limited today energized 14.3 MW captive Solar Power Project at Farooqia, Khyber Pakhtunkhwa. The Solar Photovoltaic Plant is part of around a 50…
Tabish Gauhar Visits FPCCI Immediate Resumption of Gas Supply to Industry Demanded
Karachi (PR): Mian Nasser Hyatt Maggo, President FPCCI, has demanded immediate resumption of gas supply to Karachi’s industry on behalf of the entire business, industrial, and trade community; he was…
FPCCI demands withdrawal of additional taxes, duties on CNG sector Gas price hike will ruin CNG industry, end jobs and dwindle revenue: APCNGA
The business community has demanded of the government to immediately withdraw additional taxes and duties imposed of import of LNG otherwise it will result in the closure of CNG stations,…
Engro Corporation and DuPont Sustainable Solutions Establish Partnership to Better Manage Risk Across Group Companies
Karachi: DuPont Sustainable Solutions (DSS) and Engro Corporation Limited have finalized a partnership agreement to introduce a risk-based framework, programme, and methodology that will allow for consistent, sustained management of…
Sindh Engro Coal Mining Company completes its Million-Trees in Thar campaign to celebrate ‘World Environment-Day’
Karachi: Sindh Engro Coal Mining Company (SECMC) a J-V between Govt of Sindh and private companies is committed to help Pakistan achieve energy security through reliance on indigenous Thar Coal…
OGRA PLEDGES TO BRING LPG BOWZERS INTO REGULATORY REGIME
Islamabad: The Oil and Gas Regulatory Authority (OGRA) moved forward to bring LPG Bowsers for transportation of LPG into the regulatory regime and issued adequate number of licenses to carry/transport…
Engro Polymer plans to setup Circular Plastics Institute
Karachi: Engro Polymer and Chemicals Limited (EPCL) plans to establish a Circular Plastics Institute (CPI), a not-for-profit thinktank, to promote research and development in Pakistan’s circular plastics economy. Pakistan faces…
FPCCI Rejects the Increase in Electricity Rates
Karachi (PR): The President and the Bearers at the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) have shown concerns over the per unit increase in electricity rates. The…
K-Electric inaugurates the first substation under PKR 9.5Mn rain-mitigation investment
Karachi: As part of continued efforts to strengthen network reliability and add rain mitigation measures to critical power infrastructure, K-Electric (KE) on Thursday inaugurated its first elevated substation. This substation…
Engro becomes Karachi United’s Official Team Sponsor
Karachi: Engro Corporation Limited, Pakistan’s premier conglomerate, has become the official sponsor of Karachi United (KU) football team to support community development and social uplift of the country’s talented youth…
CPHGC Spent more than PKR 131 million on various sustainable CSR Projects in Baluchistan
Karachi: For the 2nd year running, China Power Hub Generation Company (Pvt.) Ltd was recognized for its outstanding commitment to local communities in Hub, Lasbella, Balochistan through sustainable CSR initiatives,…
Reon Announces the Completion of the 3.73 MW Solar Project with G&T Group
Karachi, Pakistan – Reon Energy Limited today announced the completion of its’ 3.73 MW captive Solar Power Project for G&T Group in Karachi, and Baluchistan. The Solar Photovoltaic Plant is…
Pakistan International Bulk Terminal sets record for handling more than 1 million tonnes of coal in December
Karachi: Pakistan International Bulk Terminal (PIBT) handled a record 1.04 million ton of coal cargo in December 2020, which is 32 percent more than 0.791 million ton cargo handled in…
Engro Elengy Terminal sets new industry records in five years of successful operations
Karachi: The first Liquified Natural Gas (LNG) terminal of Pakistan operated by Engro Elengy Terminal (EETL), a joint venture between Engro Corporation and Royal Vopak of the Netherlands, has set…