Author: Admin

OGDC posts Rs73b profit on higher gas prices

Admin
New-OGDCL

ISLAMABAD: Oil & Gas Development Company Limited (OGDC) posted net sales revenue of Rs192.830 billion and profit after tax of Rs73.019 billion, translating into earnings per share (EPS) of Rs16.98, for half year ended December 31, 2025. The board of directors of the exploration and production company, in its meeting held on Monday, announced the results and declared a second interim cash dividend of Rs4.25 per share (42.50%), marking the highest-ever second quarterly dividend in the company’s history. This brings the cumulative interim dividend for half year to Rs7.75 per…

Read More

Pakistan’s Solar Boom: When Clean Energy Breaks the System

Admin
Solar-Panels

Pakistan imported 22 gigawatts of solar panels in 2024. That is more than what Canada or the United Kingdom installed in five years combined. Rooftop solar systems are spreading across the country at a remarkable speed. Households are generating their own electricity. The technology works perfectly. On paper, this looks like one of the great energy success stories of the developing world. Yet the country’s circular debt hit PKR 3 trillion, growing by PKR 66 billion every single month. That is $235 million bleeding out every 30 days. Electricity prices…

Read More

Sindh cabinet approves Rs33.7 bn firefighting upgrade, historic protections for Women Farm Workers

Admin
New-Project72

• Rs2.7m fine recovered from 870 shops for overpricing• Rs 7 bn approved to compensate Gul Plaza shopkeepers KARACHI (Feb 24): Sindh Chief Minister Syed Murad Ali Shah, chairing a provincial cabinet meeting, approved a Rs33.7 billion package to modernise the province’s firefighting and emergency response system and introduce a new Early Warning Public Alert System. The cabinet also took a landmark step for labour rights by deciding to grant women agricultural workers equal wages, regulated working hours, maternity benefits, access to healthcare and child nutrition, protection from workplace harassment,…

Read More

Humaara Karachi Movement Launches Street Assembly on Fire Safety at Denso Hall

Admin
New-Project71

Karachi, February 24, 2026 The Humaara Karachi Movement, led by architect Dr Yasmeen Lari, formally launched its citywide citizen initiative with a Street Assembly at Denso Hall Rahguzar Walking Street, Karachi. The initiative follows the recent Gul Plaza tragedy and marks the beginning of a structured, zero funding, non political effort to improve fire safety standards and civic responsibility across Karachi. Organised by the Humaara Karachi Core Committee in collaboration with the Heritage Foundation of Pakistan, the Institute of Architects Pakistan and the Association of Consulting Engineers Pakistan, the assembly…

Read More

US to Announce Preliminary Tariff Decision on Solar Imports from India, Indonesia and Laos

Admin
New-Solar1

WASHINGTON: The U.S. Department of Commerce is set to issue a preliminary ruling on Monday on whether to impose countervailing (anti-subsidy) duties on solar cells and panels imported from India, Indonesia and Laos. The decision marks the first of two key determinations in an ongoing trade case filed by a coalition representing part of the domestic U.S. solar manufacturing industry. A final ruling is expected later this year. The Commerce Department’s countervailing duty decision will assess whether companies operating in the three countries benefited from unfair government subsidies that allegedly…

Read More