A power transmission tower is seen a day after a country-wide power breakdown, in Karachi, Pakistan, January 24, 2023. — ReutersThree Turkish companies submit EOIs for Iesco privatisation.Pakistani business groups also show strong interest.Applicants face evaluation before entering…
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Oil falls, stocks climb as investors hope for progress in US-Iran talks

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US, November 22, 2019. — ReutersIran-US talks show progress but key disputes persist.US crude drops below 100 dollars per barrel.Treasury yields decline on peace deal hopes.
Oil…
Petroleum prices ‘likely’ to rise in upcoming review

Vehicles lined up at the Pakistan State Oil petrol pump in this undated photo. — Online/FileGlobal oil price surge amid Iran-US conflict.Final adjustment depends on Platts assessments.Govt may cut petroleum levy to soften impact.
ISLAMABAD: High-speed diesel prices are expected to…
Nepra hikes power tariff by Rs1.63 per unit for January

A view of the Nepra building in Islamabad. — Nepra/FileDecision comes day after Nepra clears 3-month tariff hike.FCA to appear separately in March electricity bill, Ogra says.Move expected to generate around Rs17bn from consumers.
ISLAMABAD: The National Electric Power…



