The Hub Power Company Limited’s (Hubco) profitability declined in the outgoing quarter, primarily due to lower share of profits from China Power Hub Generation Company (CPHGC) and the absence of debt servicing revenue from the Narowal Energy Limited. The management updated that the affected unit of CPHGC has returned to service from January 6, 2022. … Read more
KARACHI: The National Refinery Limited (NRL) has not halted its operations but only the fuel refinery has been shut down due to schedule turnaround, a bourse filing said on Tuesday. “With reference to the news circulating in print and electronic media regarding shut down of [the] National Refinery Limited due to accumulation of [the] furnace … Read more
KARACHI: Supernet signed a strategic partnership with Paksat international to expand existing relationships, a statement said on Monday. Through this partnership, Supernet will be able to provide national and international customers with seamless connectivity through Pakistan’s current and future national satellites and Paksat Pakistan’s national satellite operator, will be able to expand its technical and … Read more
KARACHI: The K-Electric Limited (KEL) has successfully implemented a ‘Black Start’ capability for the first time in its generation fleet at the Korangi Power Complex (KPC), a statement said. The KPC is responsible for generating 247 MW of electricity for Karachi. The ‘Black start’ technology allows power plants to go from shutdown mode to generating … Read more
