Narrow Energy Limited (NEL), a subsidiary of Hub Power Company Limited (Hubco), has signed an amendment agreement with the Pakistan government and models to buy central energy (CPPA) to implement the main tariff reviews, including the introduction of a model “to take and pay”, according to a site in Pakistan on the Pakistan Stock Exchange … Read more
The National Electric Power Regulatory Authority (NEPRA) has approved a uniform tariff adjustment of Rs 1.96 per unit for the first quarter of the financial year 2024-25. The amendment bill, which aims to recover Rs 1,187 billion, will be issued in December 2024. This decision follows a public hearing held on November 20, 2024, attended … Read more
Islamabad: Minister of State for ICT Shatha Fatima Khawaja chaired the 45th R&D Fund Policy Committee meeting on Monday where Rs. A budget of $599.29 million has been approved for Ignite for the second quarter of fiscal year 2024-2025. The meeting was attended by IT Secretary Zarar Hashim Khan, ICT Department Special Secretary Azfar Mansoor … Read more
Islamabad: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 50 percent shares of M/s. Total Parco Pakistan Limited (TPPL) by M/s. Aquashore SA, a company operating within the Swiss Gunvor Group. Under the terms of the purchase and sale agreement, these shares will be transferred from M/s. TotalEnergies Marketing Services … Read more