A representational image of a transmission tower, also known as an electricity pylon. — AFP/FileReduction applies to January bills due to November FCA.Lifeline consumers excluded from tariff relief: notification.Discos’ 2026 financial needs estimated at Rs3,379bn.The…
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Saudi Prince Mansour bin Saud to acquire majority stake in K-Electric
A view of the K-Electric head office in Karachi. — K-Electric website/File
Prince Mansour set to buy controlling shares in K-Electric.AsiaPak Investments confirms sale of 53.8% stake in KESP.KE ownership dispute nears end with Saudi acquisition deal.
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Unfinished apartment buildings stand at a residential complex developed by Jiadengbao Real Estate in Guilin, Guangxi Zhuang Autonomous Region, China. — Reuters/FileSenator Ahad Cheema chairs meeting on construction sector.Package to address financial and policy bottlenecks in…
No fuel shortage in Pakistan, clarifies Ogra
In this photo, an overview shows tankers parked outside a local oil refinery in Pakistan’s port city of Karachi. — AFP/fileOgra denies reports of fuel shortage across Pakistan.Two petrol and diesel vessels cleared to stabilise supply.Authority says import clearance delays have now…