The much-anticipated board meeting of K-Electric, scheduled for Monday to discuss crucial matters including potential Saudi investment, was postponed. The meeting, now rescheduled for October 20, was a continuation of…

In a major breakthrough for Pakistan’s power sector, Saudi investor Prince Mansour bin Saud on Thursday signed a historic memorandum of understanding (MoU) to acquire a majority stake in K-Electric,…

In a major step toward transforming its financial footing, Bank Makramah Limited (BML) has secured approval from the Competition Commission of Pakistan (CCP) for the merger of M/s. Global Haly…

Rising demand, stronger grid links, and new studies point to growth potential for investors K-Electric is poised for a major power supply boost as the revised Indicative Generation Capacity Expansion…

The Competition Commission of Pakistan (CCP) has launched a formal inquiry into deceptive marketing practices in the housing sector after intelligence reports revealed widespread misrepresentation by several housing societies and…

Watchdog calls for unbundling gas utilities, stronger regulation and private sector entry to cut costs, boost competition Pakistan’s Competition Commission has flagged deep-rooted barriers in the liquefied natural gas (LNG)…

GlobalTech Corporation, the U.S.-based parent of WorldCall Telecom Limited (WTL), has appointed Frank R. Parrish, III as its new president, marking a major leadership transition as the holding company positions…

Government’s largest-ever restructuring aims to stabilize electricity sector, with consumers set to fund repayments through surcharges

Posts Rs4.24b profit, rebounds from Rs39.5b loss Utility boosts efficiency, expands grid links as revenue surges 46% despite economic headwinds K-Electric Ltd., Pakistan’s largest private power utility, swung back to…