April 17, 2025 -

Hungarian Foreign Minister Visits Pakistan to Strengthen Trade and Energy Ties

April 17, 2025April 17, 2025 Admin

Hungarian Foreign Minister Péter Szijjártó is visiting Pakistan to boost bilateral trade and energy cooperation between the two nations. Accompanied by a high-level business delegation, Szijjártó will meet with Deputy Prime Minister and Foreign Minister Ishaq Dar to explore new business opportunities. Key Highlights of the Visit: Potential Trade Opportunities: This visit marks an important milestone in Pakistan-Hungary relations, which…

Oil Prices Rise 1% Amid New US Sanctions

April 17, 2025April 17, 2025 Admin

Oil prices have increased by 1% following the announcement of new US sanctions. The sanctions, which target specific countries and entities, have led to concerns about potential disruptions to global oil supplies. Key Points: Possible Implications:

K-Electric Agrees to Share FCAs Projections with Regulator to Facilitate Businesses

April 17, 2025April 17, 2025 Admin

In a move aimed at facilitating businesses, K-Electric (KE) has agreed to share its Fuel Cost Adjustments (FCAs) projections with the regulator. This decision is expected to bring more transparency and predictability to the power sector, ultimately benefiting consumers and businesses alike. Key Points: Impact on Businesses: Next Steps:

NEPRA Rejects Revised Terms, Hires Firm for Halmore’s Forensic Audit

April 17, 2025April 17, 2025 Admin

The National Electric Power Regulatory Authority (NEPRA) has rejected the revised terms for a forensic audit of Halmore Power Generation Company. Instead, NEPRA has hired a different firm to conduct the audit. Key Points: Possible Implications: Next Steps:

NEPRA to Approve 60% Hike in FCC for Bagasse-Fired IPPs

April 17, 2025April 17, 2025 Admin

The National Electric Power Regulatory Authority (NEPRA) is set to approve a 60% hike in the Fuel Cost Component (FCC) for bagasse-fired independent power producers (IPPs). This decision is expected to have significant implications for the power sector and consumers. Key Points: Possible Implications: Next Steps: