China is reluctant to extend financing to Pakistan for energy projects due to concerns over the country's economic record, security situation and repayment issues.
Sources told The Express Tribune that Pakistani energy companies were seeking financing from China for various energy ventures. However, Sinosure – a state-owned Chinese company that...
Country’s largest independent power producer Hub Power (HUBCO) said on Wednesday it was seeking an extension to $51 million in bank guarantees to protect its coal-fired power plants, a crucial source of stable power amid Pakistan’s rising use of solar.
The guarantees, previously short-term, would now stay in place until...
The government on Tuesday increased the prices of petrol and high-speed diesel (HSD) by Rs5.36 and Rs11.37 per litre, respectively, for the current fortnight (ending July 31), attributing the hike to higher international prices and import premiums.
In a late-night announcement, the Ministry of Finance said the Oil and Gas...
The Power Division is making another attempt to convince the federal cabinet to curtail returns on solar net metering and remove electricity duty on consumer bills being resisted by the provinces.
Speaking at a news conference on Thursday, Power Minister Awais Leghari said he would be presenting a revised plan...
In its continuous drive towards digital transformation, the Oil and Gas Regulatory Authority (Ogra) has launched the second phase of its flagship initiative – digitising Pakistan's oil supply chain.
Building on the successful deployment of an online licensing system and the first phase of digitisation, the oil and gas industry...
The World Bank is likely to provide technical assistance for developing an integrated infrastructure roadmap and socio-economic development plan for Reko Diq and other mining sites in Balochistan.
They said that a World Bank representative has consented to technical assistance plan in a recent meeting of the Non-Lending Technical Assistance...
The government is considering either renegotiating the CPEC project terms or proceeding with payments only if discounts are given. Without that, a fresh plan would be required to clear full dues without deductions, local media reported.
Chinese IPPs and transmission companies have not been paid for some time. The government...
An international survey conducted across 17 total countries, including Pakistan, was commissioned by the Global Methane Hub to gauge public support for climate change solutions, particularly efforts to reduce methane pollution. In Pakistan, the survey was conducted in collaboration with LUMS.
According to the survey, 87% of Pakistanis support action...
Building on the momentum of its widely praised after-sales service standards, Livoltek has taken another impactful step toward ensuring superior customer support by organizing dedicated technical training sessions for its dealer network across Pakistan. This initiative, spearheaded by the After sales Department, is aimed at equipping dealers with hands-on...
In Pakistan’s growing solar energy market, where customer satisfaction often ends with the product installation, Livoltek is redefining expectations by offering industry-leading after-sales support. With its global reputation for high-quality inverters and lithium batteries, Livoltek is now being recognized not only for its technology but also for its customer-first approach...
