Latest News for: Karachi energy

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Equity prices rise on buying in energy scrips

Dawn 20 Sep 2023
KARACHI. Share prices inched up on Tuesday as energy stocks attracted interest from investors in the wake of rising crude rates in global markets. Arif Habib Ltd said the benchmark index continued to flirt with the 46,000-point level on an intraday basis, but a close above that mark was still elusive ... Published in Dawn, September 20th, 2023. .
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Pakistan central bank leaves key rate unchanged in surprise move

Reuters 14 Sep 2023
KARACHI, Sept 14 ... "We believe there is a high risk that inflation may remain higher than the SBP estimate due to rising global oil prices and adjustment in energy prices in Pakistan," said Mohammed Sohail, CEO of Topline Securities, a Karachi-based brokerage firm.
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Baqar urges KE to generate power from cheap sources

The News International 12 Sep 2023
The meeting was also attended by Karachi Mayor Murtaza Wahab, Principal Secretary to CM Agha Wasif, Finance Secretary Kazim Jatoi, Karachi Commissioner Saleem Rajput, Additional IG Karachi Khadim Rind, Energy Secretary Fayaz Abbasi, KE Chief Executive Officer (CEO) Moonis Alvi and Tariq Shah of the energy department.
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Baqar asks K-Electric to produce affordable electricity for Karachiites

Dawn 12 Sep 2023
KARACHI ... The meeting was attended by Karachi Mayor Murtaza Wahab, Finance Secretary Kazim Jatoi, Commissioner Saleem Rajput, Karachi police chief Khadim Rind, Energy Secretary Fayaz Abbasi, KE CEO Moonis Alvi and others ... The KE CEO told the CM that the power utility was going to add 2,172 MW, including 1,182 MW, from renewable energy.
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Bol Network acquired by AsiaPak, gets new CEO

Dawn 12 Sep 2023
KARACHI ... A press release issued by the network said Bol would remain headquartered in Karachi with a “nationwide presence”. It added that AsiaPak Investments had offices in Karachi, Lahore and Islamabad. “It invests only in Pakistan; its sectors include infrastructure, energy, power, transport, logistics, and technology,” the statement added ... .
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‘Crackdown on electricity thieves under way on daily basis’

The News International 12 Sep 2023
The caretaker federal energy ... The interim energy minister said he has been working with the caretaker prime minister to reduce the power tariff in the country ... He thanked Ali for coming to Karachi with his entire team to look into the energy woes of the city’s business owners.
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‘Solar net metering rates won’t be decreased’

Dawn 12 Sep 2023
KARACHI. Minister for Energy Muha­m­mad Ali on Monday said the caretaker federal ... The federal energy minister said that electricity rates had changed due to the dollar rate in July bills and electricity bills came higher than dues in August.
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CUMBERSOME PROCESS

Dawn 11 Sep 2023
CUMBERSOME PROCESS. Sorting out any matter related to any document for any purpose at the University of Karachi requires super-human energy, effort and, most of all, patience. For instance, a simple degree verification process is amazingly cumbersome ... Maria Baloch. Hub. AMAZING CRITERIA ... Dadu ... Overflowing sewage in Karachi is a major problem ... Karachi ... .
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COMPANY NEWS

Dawn 11 Sep 2023
CHEVRON Pakistan Lubricants (Private) Limited and Be Energy Limited proudly announce the inauguration of the first flagship Caltex-branded fuel station in Karachi, as per a press release ... the energy sector and Be Energy’s commitment to delivering exceptional customer experiences.
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Bol Network acquired by AsiaPak Investments

Dawn 11 Sep 2023
The press release said that Bol would remain headquartered in Karachi with “nationwide presence”. It highlighted that AsiaPak Investments had offices in Karachi, Lahore and Islamabad. “It invests only in Pakistan; its sectors include infrastructure, energy, power, transport, logistics, and, technology,” the statement added ... .
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KE briefs federal energy minister on its performance

The News International 11 Sep 2023
Caretaker federal energy minister Muhammad Ali visited the K-Electric (KE) head office in Karachi on Sunday ... .
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Minister assures to address concerns of KCCI on priority

Urdu Point 07 Sep 2023
... resources including renewable energy and Thar coal. During the meeting, the Governor Sindh presented the concerns of Karachi Chambers of Commerce and Industry (KCCI) particularly on energy issues.
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After police, provincial bureaucracy undergoes massive shake-up

Dawn 07 Sep 2023
KARACHI. In a major administrative shuffle in the province on Wednesday after approval by the Election Commission of Pakistan (ECP), several provincial secretaries and commissioners of all divisions, including Karachi, were replaced ... as energy secretary, replacing Abu Bakar Ahmed.
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After police, Sindh bureaucracy undergoes massive shake-up

Dawn 07 Sep 2023
KARACHI. In a major administrative shuffle in the province on Wednesday after approval by the Election Commission of Pakistan (ECP), several provincial secretaries and commissioners of all divisions, including Karachi, were replaced ... as energy secretary, replacing Abu Bakar Ahmed.
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WORKING COUNTERS

Dawn 06 Sep 2023
WORKING COUNTERS ... And, yet, there is only one counter that issues tokens and entertains public enquiries ... Mumtaz Hussain. Karachi ... Karachi has been facing a steady decline in gas availability, leading to frequent and prolonged outages ... Promoting renewable energy sources and energy-efficient practices can also alleviate the crisis ... Karachi ... Karachi ... .

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