Tag: Company

Federal Government has decided to appoint Masood Siddiqui as new head of Oil and Gas Development Company Limited (OGDCL). Notification would be issued in this...

Islamabad Electric Supply Company (IESCO) on Monday issued power suspension programme for various areas due to necessary maintenance and routine development work. According to...

More than four thousand contract employees of Oil and Gas Development Company limited (OGDCL) have vowed to stops work, close all the oil fields...

Unidentified armed men on Thursday kidnapped over a dozen employees of a local company working in the Sui area of Balochistan. “Armed men kidnapped...

The police arrested a security guard of a cash van for conducting aerial firing and misbehaving with a traffic warden in the Civil Lines...

Slowdown in economic and business activity, continuous inflationary conditions and prevailing security conditions impacted the performance of Pak Elektron Limited. Revenue and liquidity performance PEL...

Global Institute Lahore organised orientation evening for new entrants LAHORE: Global Institute Lahore held its orientation evening for the newly inducted batch for the academic...

A Chinese company has submitted a proposal to set up an economic zone in the new city Zulfiqarabad in Sindh on Wednesday and also...

Portfolio Manager Tauqeer Shamshad holds the position of Head of Fixed Income and Treasury at PICIC Asset Management Company. He has over 18 years of...

British comedian and actor Russell Brand has launched his own film production company, based in Hollywood. Branded Films, which the Arthur star has set up...

A Chinese bus manufacturer, Foton Motors Company, will sign an MoU with the Sindh government on Saturday for the provision of 2,000 CNG buses...

Indus Motor Company (IMC) has today launched the new environmentally friendly Corolla Ecotec XLi/GLi, a factory fitted CNG variant. The new Corolla Ecotec Xli/GLi...

In a move that is akin to adding fuel to fire, the Karachi Electric Supply Company (KESC) sacked the KESC Labour Union Chairman Akhlaq...

The Punjab government has notified the merger of Punjab Agriculture Marketing Company (PAMC) and Lahore Meat Company (LMC) under the name of Punjab Agriculture...

Taliban fighters attacked an Afghan road construction company before dawn Thursday, triggering gunbattles that killed 36 people and wounded another 20 in the worst...

KARACHI - The Karachi Electric Supply Company (KESC) on Sunday lost 50 megawatts (MW) electricity supply from rental power plants installed at the SITE Gas Turbine Station and West Wharf. With the closure of these units, fears abound of at least 14 hours of power load shedding from Monday since the Sui Southern Gas Company (SSGC) is also set to reduce gas supply on account of repairs in Bhit Shah gas field.
The 50MW were being generated by a Dubai-based company, M/S EGRICO; the

KARACHI - China Three Gorges Corp, the country's largest hydropower developer, is ready to invest $15 billion in Pakistan's troubled energy sector to add 10,000 megawatts to its grid in 10 years, a senior company official said on Thursday.
Pakistan faced a power shortfall that peaked at between 4,000 and 5,000MW during the 2010 summer, sparking street protests and adding to the government's problems. The power crisis has crippled industry, and frequent power outages last up to