ISLAMABAD: Pakistan has raised a record $3 billion — its single largest international capital market transaction — through a dual-tranche Eurobond sale that drew nearly $6bn in orders, the Ministr...
• Plans include Gwadar water scheme, Karachi neighbourhood project, Gilgit medical college, NDU campus and Orakzai road • Study on wastewater treatment in Gwadar ordered to prevent sewage from pol...
ISLAMABAD: The Privatisation Commission Board on Friday approved the prequalification of 10 out of 12 interested parties (IPs) for the sale of Faisalabad Electric Supply Company (Fesco), after K-Elect...
ISLAMABAD: The government on Thursday hinted at introducing a uniform average gas price for all consumers, replacing the existing slab-based pricing system for different categories that involves cross...
ISLAMABAD: Independent power producers (IPPs) operating on imported coal have been found imposing an additional burden on electricity consumers through opaque and inefficient coal procurement prac...
ISLAMABAD: The government on Tuesday kicked off a feasibility study regarding strategic petroleum reserves (SPR) through international consultancy firm Wood McKenzie. Federal Minister for Petroleum Al...
ISLAMABAD: In view of recent supply disruptions following the closure of the Strait of Hormuz, the government on Monday formally approved allowing foreign fuel suppliers to establish bonded storage fa...
ISLAMABAD: Global ratings agency Moody’s on Monday upgraded Pakistan’s sovereign credit rating to B3 from Caa1 and maintained a stable outlook, citing governance improvement expectations and easin...
ISLAMABAD: The Privatisation Commission (PC) on Friday said it had received an overwhelming response from domestic and international investors to the proposed privatisation of Gujranwala Electric Powe...
ISLAMABAD: The cost of regasified liquefied natural gas (RLNG)-based power generation surged by record 242 per cent to Rs47.4 per unit in July, from less than Rs14 in April, after the government purch...