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Business

Web Desk
Sep 03, 2025

HUBCO profit dips 31% as lower output hits revenue

HUBCO reports 31% profit drop to Rs51.7 billion in FY25 as lower generation and contract changes squeeze revenue.

Pakistan

Web Desk
Jul 25, 2025

Power companies overbilled 20m users by Rs244b, audit reveals

The audit highlights serious financial irregularities in the accounts of these companies. In just one month, five distribution companies overbilled 278,649 consumers by Rs47.81 billion.

Pakistan

Web Desk
Jul 11, 2025

Sindh is the “energy basket” of Pakistan, says CM Murad Ali Shah

The chief minister noted that Thar is currently the most cost-effective source of electricity generation in Pakistan’s energy mix.

Pakistan

Web Desk
Dec 14, 2024

Govt terminates agreements with six more IPPs

The IPPs whose tariff revisions have been approved include JDW, Chiniot Power, Hamza Sugar, Al-Moiz Power Plant, Thal Industries, and Chenar Energy.

Latest

Hum News
Dec 13, 2024

PM directs to reduce electricity rates for consumers

Prime Minister Shehbaz Sharif directs an immediate shutting down of outdated power plants that produce less electricity with more fuel

World

Web Desk
Nov 21, 2024

Indian billionaire Gautam Adani indicted in massive fraud case

The Chairman of the Adani Group was charged along with two executives from the Adani Green Energy – his nephew Sagar Adani and Vneet Jaain.

Business

Web Desk
Nov 18, 2024

Pakistan’s power generation rises 7.2 per cent YoY: NEPRA data

Power generation increased 7.2 per cent in October 2024, reaching 10,262 GWh, compared to 9,570 GWh in October 2023, as per data from the National Electric Power Authority (NEPRA).

Business