CCP Clears acquisition of shares in IMS Electric
The Competition Commission of Pakistan (CCP) has granted unconditional regulatory approval for the strategic acquisition of electrical equipment manufacturer IMS Electric (Private) Limited, clearing the path for new ownership of the former Schneider Electric Pakistan entity. Investors Danish Ghous and Syed Jawad Bin Saghir will acquire shares from current holders Anila Haq, Faizan Ul Haq, […]
P3A Greenlights Game-Changing Motorways & Urban Water Projects
In a decisive move to turbocharge national infrastructure, the Board of Directors of the Public Private Partnership Authority (P3A) approved multiple high-impact projects, including two strategic six-lane motorways and major urban water initiatives for Islamabad, signalling a transformative shift towards private-sector-led development. Chaired by Federal Minister for Planning, Development & Special Initiatives Ahsan Iqbal, the […]
SECMC Sets Global Water Benchmark With Gold Certification
In a landmark achievement for Pakistan and the global mining industry, Sindh Engro Coal Mining Company (SECMC) has etched its name in history as the first mining company worldwide to be awarded the prestigious Alliance for Water Stewardship (AWS) Gold Certification for its entire mining operations. This unprecedented recognition announced, places SECMC at the pinnacle […]
Ecopack Goes Green with Major Solar Investment
In a significant move signaling corporate Pakistan’s accelerating shift towards renewables, Ecopack Limited a leading manufacturer of PET bottles and preforms announced plans to install a 2.03-megawatt solar power plant at its facility. The project, approved by the company’s Board of Directors, involves acquiring 3.63 acres of land specifically for the solar installation. In a […]
SNGPL working on major gas pipeline to boost supply in Charsada
Sui Northern Gas Pipelines Limited (SNGPL) has taken a significant stride in enhancing energy reliability for consumers in Charsadda district with the inauguration of a major new gas pipeline. Deputy Managing Director (Operations) Saqib Arbab commissioned the 24-kilometer-long, 8-inch diameter pipeline running from the Charsadda SMS (Station Metering Station) to the Tangi SMS. The ceremony […]
ECC Clears Final Power Deals for Karachi Nuclear Plants
In a crucial step for Pakistan’s energy security, the Economic Coordination Committee (ECC) of the Cabinet has approved the signing of formal Tripartite Power Purchase Agreements (TPPAs) for the Karachi Nuclear Power Plant Units 2 and 3 (K-2 and K-3). The agreements will be finalized between the Pakistan Atomic Energy Commission (PAEC), the National Grid […]
Pakistani Auto Parts Makers attend Major Istanbul Expo
Pakistan is actively pursuing expanded export opportunities in the vital Eurasian automotive market as a delegation of 12 auto parts manufacturers exhibits at Automechanika Istanbul 2025. Organized by the Trade Development Authority of Pakistan (TDAP) under the Ministry of Commerce, the contingent showcased its capabilities at the Tuyap Exhibition Centre from June 12 to 15. […]
PM Orders Rail Link to Reko Diq Mine by 2028
In a major push to unlock Balochistan’s mineral wealth, Prime Minister Shehbaz Sharif directed that the colossal Reko Diq copper and gold project be connected to the Pakistan Railways network by 2028. The directive, issued during a high-level meeting attended by key cabinet members including Deputy PM Ishaq Dar and Defence Minister Khawaja Asif, aims […]
Attock Refinery gearing up for Major $600 Million upgrade
Attock Refinery Limited (ARL) took a decisive step towards modernizing its operations, signing a critical agreement with Italy’s STP Studi Technologie Progetti for Front End Engineering Design (FEED) and Project Management Consultancy (PMC) services. The deal, inked by ARL CEO Adil Khattak and STP CEO Carlo Gustavo Lombardi, marks a pivotal milestone in ARL’s ambitious […]
Manufacturing Shows Mixed Signals: Auto Booms as Construction Sectors Lag
Pakistan’s Large Scale Manufacturing Industries (LSMI) recorded a modest year-on-year increase of 2.29% in April 2025, reaching 108.37 points compared to 105.93 in April 2024, according to data released by the Pakistan Bureau of Statistics (PBS). However, the sector faces persistent challenges, evidenced by a significant 3.2% monthly decline from March 2025 (111.95 points) and […]
CDWP approves projects worth Rs 25 Billion
In a significant move to propel national development, the Central Development Working Party (CDWP) approved eight major projects worth Rs 25.191 billion and recommended another costing Rs 10.671 billion to the Executive Committee of the National Economic Council (ECNEC) for final approval. The approvals span crucial sectors including IT, science, energy, infrastructure, and education, signaling […]
CDWP Approves projects worth Rs 55 Billion
The Central Development Working Party (CDWP) cleared five major development projects totaling Rs 55.164 billion, approving two ventures worth Rs 7.725 billion and recommending three larger schemes costing Rs 47.439 billion to the Executive Committee of the National Economic Council (ECNEC) for final approval. Chaired by Federal Minister for Planning Ahsan Iqbal, the meeting focused […]