In a strategic move, Hub Power Company Limited (Hubco) is set to acquire shares of Sindh Engro Coal Mining Company Limited (SECMC). This significant development marks a key collaboration in the energy sector, combining the strengths and resources of two major players to further enhance the efficiency and sustainability of coal mining operations in Pakistan….
The federal government is likely to raise the power tariff by up to Rs.4.66 per unit for collection in January 2024 bills. Distribution companies excluding K-Electric have asked the National Electric Power Regulatory Authority (NEPRA) to raise the electricity tariff. This hike comes as a result of a fuel charges adjustment (FCA) for the November…
Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar presided over a meeting of the Economic Coordination Committee (ECC) of the Cabinet, today. The meeting was attended by the Minister for Communication, Railways & Maritime Affairs Mr. Shahid Ashraf Tarar, the Minister for Privatization Mr. Fawad Hasan Fawad, Minister for Power & Petroleum…
