Day: April 7, 2025

Opportunity for Fostering Economic CooperationFPCCI to Host High-Profile ASEAN Business Delegation

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New-Project56

Karachi: Atif Ikram Sheikh, President FPCCI, has apprised that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is set to host a high-profile business delegation of 60 members of different sectors from the Association of Southeast Asian Nations (ASEAN) on April 21, 2025, at its Head Office in Karachi. President FPCCI continued that the ASEAN comprises an alliance of Indonesia, Malaysia, Thailand, Cambodia, Laos, Singapore, Myanmar, the Philippines, Vietnam and Brunei. The meeting will be followed by a special B2B session; providing a platform for Pakistani businessmen to…

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President FPCCI Leads Trade Delegation to UK for Commonwealth Program

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New-FPCCI1

Karachi: Atif Ikram Sheikh, President FPCCI, is leading the Pakistani trade delegation to the United Kingdom to attend a Commonwealth program on 7th – 8th April. The strategic move aims to capitalize on the vast opportunities offered by the Commonwealth; which comprises of 56 countries with a combined GDP of over $13 trillion. Atif Ikram Sheikh will speak in the significant roundtable entitled “Standards and Regulation; Creating Competitive and Dynamic Regulatory Environments to Drive Growth.” FPCCI delegation will engage with British businesses, investors and government officials to explore avenues for…

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LONGi Sets New Benchmark in Europe with 225.9MW Hi-MO 9 Solar Project in Greece

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Longi-Project1

Athens, April 1st, 2025 – LONGi Solar, a global leader in solar technology, has announced a groundbreaking 225.9MW solar project in Greece, marking the largest deployment of Back Contact (BC) technology in Europe to date. This achievement highlights the dominance of LONGi’s Hi-MO 9 in utility-scale renewable energy projects and establishes BC technology as the future of photovoltaic innovation. Unrivaled Scale and Efficiency The project utilizes the Hi-MO 9’s exceptional power output of up to 660W and module conversion efficiency of 24.43%, outperforming conventional TOPCon modules by 3% in real-world…

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Engro Energy Denies Breach, Terminates EPQL Share Sale After Acquirer’s Exit

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Engro Powergen Qadirpu

Engro Energy Limited (EEL), the parent company of Engro Powergen Qadirpur Limited (EPQL), has officially denied any breach of contract and terminated the share purchase agreement (SPA) for EPQL following the acquirer’s withdrawal. In a notice to the Pakistan Stock Exchange (PSX), EEL addressed the termination of the SPA signed with Liberty Power Holdings Limited and its consortium—Liberty Mills Limited, Soorty Enterprises, and Procon Engineering via Master Group of Industries—for the sale of EEL’s 68.9% shareholding in EPQL. The acquirers had initially issued a public announcement of intention on December…

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Govt Confirms Implementation of Electricity Relief Package Amid Misinformation

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Electricity-Price

ISLAMABAD: Power Division spokesperson Zafaryab Khan on Sunday reaffirmed that the electricity relief package announced by Prime Minister Shehbaz Sharif is fully in effect, dismissing circulating reports denying its implementation as “false and misleading.” Speaking to a private news channel, Khan stated that claims of no change in electricity tariffs were baseless and aimed at creating public confusion. “Certain elements are deliberately spreading misinformation, distorting facts, and misrepresenting the government’s official stance,” he said. He clarified that the tariff cut—announced by the Prime Minister to ease the financial burden on…

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