KARACHI, December 4, 2025:The Management Association of Pakistan (MAP) organized the 40th Corporate Excellence Awards (CEA) in Karachi, celebrating four decades of promoting excellence, governance, and best management practices across Pakistan’s corporate landscape. The Minister of Labor, Human Resources and Social Protection, Government of Sindh, Mr. Saeed Ghani, graced the occasion as Chief Guest and presented awards to the top-performing companies in both the Industrial and Financial sectors. He represented the Honorable Chief Minister of Sindh, who was attending the National Finance Commission meeting in Islamabad. President’s Remarks In his…
Read MoreYear: 2025
SSWMB’s first biogas plants to energize Clifton kitchens from 15 Dec, *FPCCI panel briefed
Karachi The Sindh Solid Waste Management Board’s first biogas plant, developed to utilise Karachi’s substantial organic waste output, will commence operations on 15 December 2025, supplying low-cost cooking fuel to gas-deprived households in Clifton.This was announced by SSWMB Managing Director, Tariq Ali Nizamani, while addressing a seminar on modern, sustainable urban waste management solutions aligned with the Sustainable Development Goals (SDGs). The event was organised by the Central Standing Committee of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) on SDGs, in collaboration with the National Forum for…
Read MorePD Officials Hail Policy Reforms as Turkey, Azerbaijan Boost Investment in Pakistan’s Energy Sector
ISLAMABAD: Policy reforms and administrative measures introduced by the government have begun to yield significant results, attracting investment from state-owned oil and gas companies in Turkey and Azerbaijan while helping settle major outstanding invoices and containing circular debt in the domestic gas sector, officials from the Petroleum Division said. Turkey’s state-owned oil company TPAO is set to lead seismic and drilling operations in Indus Block C, partnering with OGDC, PPL, and Mari Energies Limited (MEL). Agreements for both onshore and offshore blocks have been finalized, and TPAO is establishing its…
Read MoreLeghari, Canadian Delegation Explore Investment Prospects in Pakistan’s Energy Sector
ISLAMABAD: Federal Minister for Power Sardar Awais Ahmed Khan Leghari on Thursday held a meeting with a Canadian delegation led by High Commissioner Tarik Ali Khan to discuss avenues for bilateral cooperation and investment opportunities in Pakistan’s energy sector. At the outset, the Canadian envoy conveyed the interest of Canadian companies in Pakistan’s power generation segment. Minister Leghari clarified that the government is not pursuing additional generation capacity, emphasizing that the real investment potential now lies in transmission, grid modernization, and advanced technologies. Following the minister’s briefing, the Canadian side…
Read MoreSNGPL Warns Power Sector Dues Have Reached ‘Alarming’ Rs114.287 Billion
ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has alerted the government that its receivables from the power sector have surged to an alarming Rs 114.287 billion, pushing the company into severe liquidity stress, official sources told Business Recorder. According to SNGPL’s General Manager (Recovery), several power plants have expressed their inability to clear outstanding dues due to delayed releases from the Central Power Purchasing Agency–Guaranteed (CPPA-G). As a result, SNGPL is struggling to meet its own payment obligations to upstream gas suppliers. Out of total receivables of Rs 165.256 billion,…
Read More