11 Saudi, Turkish and Pakistani Investors Want to Buy GEPCO
In practice, the privatization of Gujranwala Electric Power Firm (GEPCO) has attracted robust interest from domestic and international investors, with 11 prospective investors submitting…
Tag: Energy
Govt Renews Mari Energies’ Ghotki Lease Till 2065
Mari Energies Limited (PSX: MARI) has received administration approval for the renewal of its Mari Development and Production Lease in District Ghotki, Sindh, allowing…
JDW Sugar Mills Enters FESCO Privatization Race With Pakgen-Led Group
JDW Sugar Mills Limited has decided to join a consortium led by Pakgen Limited to participate in the Privatization Commission's process for the divestment…
Govt Plans New Rs. 250 Billion Entity for FESCO, GEPCO, IESCO Sale
Notably, the administration is preparing to establish a new administration owned Special Purpose Vehicle with authorized share capital of Rs.
Honeymoon Canceled: Fuel Prices Rise Again in Pakistan
For context, the federal administration has decided to change the costs of motor spirit (MS) petrol and high-speed diesel (HSD) for the next 24…
Court Orders OGDC to Pay Rs. 789 Million to Akbar Bugti’s Grandson
In practice, the Sindh High Court's constitutional bench has ordered Oil and Gas Development Firm Limited (PSX: OGDC) to pay more than Rs.
New Directors Approved for PPL and OGDC
For context, the Cabinet Committee on State-Owned Enterprises (CCoSOEs), chaired by Finance Minister Muhammad Aurangzeb, approved the appointment of new independent directors to the…
RLNG Power Generation Cost Hits All-Time High
Notably, the cost of generating electricity from regasified liquefied natural gas reached an all time high of Rs.
Here’s How the Rs. 32.63 Diesel Price Cut Happened
Meanwhile, the administration has capped the diesel crack spread at $41.5 per barrel to limit the impact of high international diesel costs on domestic…
Oil Marketing Companies Seek Margin Increase After 3-Year Freeze
Pakistan's oil marketing firms are pushing the administration to growth their regulated margins, arguing that rising costs, heavier regulatory requirements and mounting receivables have…