PBS data showed major textile exports decline
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The Pakistan Bureau of Statistics (PBS) shared the textile market exports data forthe fiscal year 2022-23. According to the data, textile exports showed a decline of14.63 percent during the current fiscal year and stood at 16.5 billion dollars ascompared to 19.3 billion dollars recorded during the fiscal year 2021-22. Thetextile exports showed a decline of […]
KE to partner up with ACWA Power for Large-Scale Renewable energy projects
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K-Electric (KE) has expressed keen interest in participating in the development and acquisitionof power from renewable energy (RE) projects totaling 3,000 MW. These projects are set to bedeveloped by M/s ACWA Power, a prominent entity primarily focused on projects in SaudiArabia.The power utility conveyed its intention to the Minister for Planning, Development, and SpecialInitiatives, Ahsan […]
Strengthening energy investments through AEDB and PPIB Merger
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Following the final approval of amendments cleared by the parliament, the government hasmerged the Alternative Energy Development Board (AEDB) with the Private Power andInfrastructure Board (PPIB), aiming to offer a streamlined, one-window facility to investors.With the promulgation of the Private Power and Infrastructure Board (Amendment) Act, 2023,on June 10, 2023, as an Act No XXVI […]