Punjab launches first-ever E-Taxi Scheme
1,100 electric taxis to hit the roads; online applications open until Oct 5 The Punjab government on Tuesday rolled out its first-ever E-Taxi Scheme, announcing that 1,100 electric taxis will…
Citi Pharma Bets Big on Veterinary Sector, Targets PKR 10B Turnover
Citi Pharma Limited has formally entered Pakistan’s veterinary healthcare market through its new subsidiary, Citi Veterinary Limited, which launched trading operations Friday with an ambitious plan to achieve PKR 10…
NEPRA orders Rs1.78/unit refund to KE, Discos consumers
Pakistan’s power regulator has ordered state-run power distribution companies and K-Electric to refund consumers Rs1.7856 per unit in September electricity bills, while issuing a blistering warning over chronic mismanagement that…
Pakistan’s SECP, Mobilink Bank Tie Up to Digitize Corporate Account Openings
Pakistan’s top corporate regulator has teamed up with Mobilink Microfinance Bank Ltd. to digitize and speed up the process of opening corporate bank accounts, a move aimed at boosting transparency,…
K-Electric Raises Rs4.4 Billion in Pakistan’s First Retail Sukuk IPO
K-Electric Ltd. raised Rs4.4 billion ($15.8 million) from Pakistan’s first retail-listed short-term Sukuk, more than doubling its Rs2 billion target in an initial public offering that drew strong demand from…
WAPDA Seeks to Double Hydropower Tariff on Rs364.8B Funding Push
Pakistan’s Water and Power Development Authority (WAPDA) has asked regulators to nearly double its hydropower tariff, seeking approval for a staggering Rs364.8 billion revenue requirement for fiscal year 2025-26 —…
Pakistan unveils $55B energy plan to boost renewables, cut imports
The government has unveiled a sweeping $55 billion blueprint to overhaul its power sector over the next decade, betting on hydropower, nuclear and renewables to meet soaring electricity demand while…
Pakistan to Hand Over Islamabad Airport Operations to UAE Under G2G Deal
Pakistan has agreed to transfer operations of Islamabad International Airport to the United Arab Emirates, marking the first government-to-government outsourcing of a major state asset as part of a broader…
Pakistan, Russia Eye Local Insulin Production in Three Years
Pakistan is set to launch joint insulin production with Russia in a bid to curb reliance on costly imports and expand access to essential medicines, Special Assistant to the Prime…
Pakistan Regulator Slams Power Firms After 11 Electrocuted in Rains
Pakistan’s energy regulator blasted power distributors after 11 people were electrocuted during July’s monsoon rains, even as it weighed a proposal to cut nationwide electricity tariffs by Rs1.69 per unit…
