Author: Admin

PPL’s 74th Annual General Meeting approves 25% Cash Dividend

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PPL’s 74th Annual General Meeting approves 25% Cash Dividend

Karachi, October 27, 2025: Pakistan Petroleum Limited’s (PPL) 74th Annual General Meeting was held at a local hotel in Karachi witnessing a large shareholder turnout. The shareholders approved the financial statements for the fiscal year ended on June 30, 2025, along with the auditor’s report. A final cash dividend of 25% on ordinary shares was also approved, bringing the total dividend for the year to 75%. The meeting was chaired by Mr. Shahab Rizvi, Chairman of the PPL Board of Directors, who expressed his gratitude to the shareholders for their…

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Power Division Refutes Misleading Claims: NEPRA’s Tariff Review for K-Electric Protects Karachi Consumers, Curbing Inefficiency and Excess Profits

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Your-Bill

KARACHI: The Power Division has categorically rejected misleading interpretations of the National Electric Power Regulatory Authority’s (NEPRA) recent multi-year tariff determination for K-Electric, clarifying that the decision is in favour of Karachi’s electricity consumers — not against them. A spokesperson of the Power Division stated that certain vested interests are distorting facts to falsely portray NEPRA’s determination as a setback for the people of Karachi. “The reality is quite the opposite,” the spokesperson said, adding that the decision strengthens consumer protection, ensures accountability, and prevents inefficiency-based profiteering. The spokesperson highlighted…

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PAEC Urges Nationwide Replication of Lahore Science Mela Model

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New-Project80

ISLAMABAD, Oct 27 (APP): The Pakistan Atomic Energy Commission (PAEC) has called for replicating the successful Lahore Science Mela (LSM) 2025 model across other major cities of Pakistan to inspire scientific curiosity and innovation among the youth. Following the two-day festival’s remarkable success, PAEC spokesperson Dr. Rashid Mahmood commended the event’s impact and suggested that similar interactive science festivals be organized in cities like Islamabad to sustain public enthusiasm for science and technology. “To keep the spirit of curiosity alive in our youth, we must continue launching such educational and…

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Mondelez Pakistan Boosts Clean Energy Drive with 2.2 MW Solar Power Project

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New-Mondelez

KARACHI: In a significant stride toward its sustainability goals, Mondelez Pakistan Limited has launched a large-scale 2.2 MW solar energy project, reinforcing its commitment to renewable energy and environmental responsibility in Pakistan’s manufacturing sector. The initiative expands the company’s existing 0.6 MW installation by adding 1.6 MW of new solar capacity at its Hub manufacturing facility in Balochistan, developed in partnership with Shams Power. The project will enable Mondelez Pakistan to meet a substantial share of its energy needs through clean sources, reducing greenhouse gas emissions and improving operational efficiency.…

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KCCI, NFEH join forces to tackle Karachi’s growing fire emergency threat

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KCCI-NFEH

KARACHI: President of the Karachi Chamber of Commerce & Industry (KCCI), Rehan Hanif, has expressed grave concern over the growing number of fire incidents occurring in the city’s factories, commercial centres, and residential buildings.He emphasised the urgent need for coordinated efforts between the administration, trade associations, government agencies, and building owners to inspect fire safety arrangements and ensure strict compliance with relevant laws.Speaking during a meeting with the President of the National Forum for Environment and Health (NFEH), Muhammad Naeem Qureshi, NFEH Vice President Engineer Nadeem Ashraf, and President of…

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