Pakistan News

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  • Shanghai Electric gets CCP's approval to acquire K-Electric

    Shanghai Electric Power Co Ltd said on Monday that it had received approval from the Competition Commission of Pakistan (CCP) to acquire K-Electric Limited...

    The Abraaj Group announced in October that one of its companies, KES Power, had reached an agreement to divest its stake in K-Electric, the country’s largest and only vertically integrated power utility, to Shanghai Electric...

  • Questions raised over General Electric’s flagship power turbines in Pakistan

    ISLAMABAD: General Electric’s flagship gas turbines ran into problems in Pakistan earlier this year, leading to delays and lengthy outages at three newly built power stations, according to several senior Pakistani officials and power executives...

    On the issues in Pakistan, GE said: “We’ve encountered and communicated openly about launch challenges and readily resolved issues during this time...

  • Pakistan launches first electric vehicle

    LAHORE: Adviser to PM on Climate Change Malik Amin Aslam said on Friday that introduction of electric vehicle (EV) Policy will help promote country’s transport sector in the coming years...

    Addressing a launch ceremony of the country’s first fully electric three-wheeler vehicles, he said the EV policy had been framed after incorporating consultations from all stakeholders...

  • Nepra issues show-cause notice to K-Electric

    ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) issued a show-cause notice to the K-Electric on Friday for “its consistent failure to fulfil service obligations, inability to comply with prudent utility practices” and for misleading the regulator...

    The show-cause notice was issued to the utility in exercise of powers under sections 28 and 29 of the Nepra Act, said the regulator’s spokesperson who switched off the...

  • Shaheer Niazi, the 'electric honeycomb' researcher, aims to bring the Nobel home

    Shaheer Niazi, the 17-year-old Pakistani student who recently surprised much older scientists with his groundbreaking research on electric honeycombs, recounted his journey beginning with the "World Cup of Physics" to being recognised by the Royal Society and the media in DawnNews show 'Newswise' on Friday...

    "We have to add something new [to existing knowledge] to get published and I introduced two new factors in the electric...

  • Index inches up on heavy trading in K-Electric

    The significant feature of the day was the burst of activity in K-Electric...

    The interest of investors in the utility was sparked after a TV channel attributed a comment to the privatisation minister and Sindh governor pertaining to an imminent takeover of K-Electric by Shanghai Electric...

  • BMW gears up to mass produce electric cars by 2020

    FRANKFURT: Germany’s BMW is gearing up to mass produce electric cars by 2020 and will to have 12 different models by 2025, it said on Thursday, as traditional manufacturers race to catch up with US electric car pioneer Tesla...

    Car buyers shunned electric vehicles because of their high cost and limited operating range until Tesla unveiled the Model S in 2012, a car that cracked the 200 mile (322 km) range barrier on a single charge......

  • China sets target for electric car quota but delays rollout

    China has stepped up pressure on automakers to accelerate development of electric cars by raising the first-year target for a planned system of production quotas but delayed its roll out from next year until 2019...

    China has the world's most aggressive government plans to promote electric cars...

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