Day: January 20, 2026

KARACHI: Treet Corporation Limited is set to enter Pakistan’s rapidly expanding lithium-ion battery market, positioning its battery business to capitalise on the country’s accelerating shift toward solar energy and modern power storage solutions. Speaking to BR Research, Treet Corporation CEO Syed Sheharyar Ali said the company has partnered with a leading Chinese manufacturer to introduce a range of lithium-ion batteries and inverters in Pakistan. “We are launching around five SKUs in different capacities, including tower-type and wall-mounted lithium-ion solutions, along with inverters,” he said. While most market players rely entirely…

KARACHI: Pakistan Petroleum Limited (PPL) has announced a gas discovery from the Lockhart formation at its exploratory well Bilitang-1, located in District Kohat, Khyber Pakhtunkhwa. The development was disclosed in a notice to the Pakistan Stock Exchange (PSX) on Monday. According to the notice, the discovery was made under the TAL Joint Venture, which comprises MOL Pakistan Oil & Gas Co. B.V. as operator with a 10 per cent working interest, Oil & Gas Development Company Limited (OGDCL) with 30pc, PPL with 30pc, Pakistan Oilfields Limited (POL) with 25pc, and…

PESHAWAR: Construction work on 10 key sites of the Mohmand Dam Project is progressing at a satisfactory pace, with overall project completion reaching around 50 per cent, the Water and Power Development Authority (WAPDA) said on Monday. Following the completion of pit excavation in mid-2025, rock fill work on the main dam has advanced to a height of 392 metres above mean sea level. Construction of the spillway has reached about 70 per cent completion, while structural works at the powerhouse have commenced after the successful completion of surface excavation…