Pakistan
Omar Ayub asks K-Electric to improve system facilitate consumers
Minister for Power Omer Ayub has asked the K-electric to improve its electricity distribution system for the convenience of its...
Pakistan
Pakistan China to ink 1.77 billion mega deal
ISLAMABAD – China’s Shanghai Electric Power (SEP) is expected to acquireK-Electric from the financial crisis-hit Dubai-based Abraaj Group in thesecond...
PakistanPolitics
ECC approves procurement of over 5 million tons of wheat
The Economic Coordination Committee (ECC) has approved procurement of 5.15 million tons of wheat target with financial limit of 158.5...
EconomyPakistan
Red Tape a hurdle between Pakistan China 1.77 billion mega deal
ISLAMABAD – Shanghai Electric Power (SEP) of China is displeased overunnecessary delays in its K-Electric acquisition plan and has conveyed...
EconomyPakistan
9 billion investment from China: Highest ever privatisation deal in the history of Pakistan
ISLAMABAD – The proposed deal with regard to the sale of K-Electric hasbeen recognised as the highest-value private transaction in...
Pakistan
President appreciates idea of net metering introduced by K-Electric
President, Dr. Arif Alvi has appreciated the idea of net metering introduced by K-Electric, calling it a win-win situation. In...
Economy
1.8 billion mega deal in offing in Pakistan: Report
ISLAMABAD – One of the Middle East largest fund Abraaj is close to reachingagreement with the Pakistan government to sell...
Pakistan
K Electric corruption scam: Sharif brothers held secret meetings over alleged 20 million bribe
WASHINGTON – Wall Street Journal reveals secret meetings reportedly made bySharif Brothers over a new corruption scandal. WSJ has exposed...
EconomyPakistan
Yet another power breakdown hits Karachi
KARACHI – Yet another power breakdown has hit Karachi. The 80 per cent of Karachi turned into darkness as the...
Pakistan
CJP criticizes K-Electric over prolonged loadshedding
ISLAMABAD: Prolonged power outages in Karachi drew the ire of Chief Justice of Pakistan Mian Saqib Nisar. He expressed his...