Hydropower projects considering to be handled by provinces independently
Government of Pakistan proposes handing over the hydropower projects to respective provinces. The advice was given keeping in consideration the backdrop faced on the dispute regarding net hydel profit (NHP) calculations done by AGN Kazi committee. The officials from the power division stated that accepting the strategy of AGN Kazi committee can play a severely […]
Cnergyico acquires 57.37 percent stake in Puma Energy
According to the information sent to Pakistan Stock Exchange, Cnergyico Pk Limited (formerly Byco Petroleum Pakistan Limited) has acquired of 57.37 percent stake in Puma Energy Pakistan Private Limited (Puma previously Admore). Puma Energy has more than 542 retail pumps across the country with storage terminals in Punjab (Machike) and Sindh (Daulatpur) having a total […]