K-Electric’s for Strategic Partnership in 3,000-MW Renewable Energy Project with ACWA Power, Saudia

K-Electric (KE) is eager to partner with Saudi company ACWA Power for a 3,000-MWRenewable Energy project, contingent on a Government-to-Government (G2G) agreementbetween Pakistan and Saudi Arabia. KE has committed to acting as a power off-taker andstrategic partner, providing robust payment security and leading local development efforts. Theyare actively working on integrating solar energy, with plans […]

Chinese company to manufacturer Electric Vehicles (EV) in Pakistan

Electric Vehicles

A Chinese electric vehicle (EV) manufacturer Xinjian Jingyi has unveiled itsintentions to set up an EV manufacturing plant in Pakistan, alongside theestablishment of showrooms in major cities across the nation.This significant announcement came to light during a meeting between adelegation from Xinjian Jingyi Cheng Group, led by Assistant Chairman GUXongquan, and FPCCI Vice President Amin […]

OGDCL announces milestone gas discovery in Mari East Block, Punjab Province

OGDCL reports 2% decrease in profits

The Oil & Gas Development Company Limited (OGDCL), acting as the exclusive operator ofthe Mari East Block (100% ownership), announced a substantial gas discovery on Tuesday at theChak 214-1 exploratory well, situated in the Rahim Yar Khan district of Punjab province. The Chak 214-1 well was initiated on June 29, 2023, as part of OGDCL’s […]