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Author: richpakistan

Shanghai Electric Pulls Out of $1.77 Billion Deal to Acquire K-Electric

In a significant turn of events for Pakistan’s energy sector, Shanghai Electric Power (SEP) has officially terminated its $1.77…

Pakistan railways secures $400m FDI deal for dedicated freight corridor at Pipri

Agreement with NLC, DP World to modernize cargo transport, ease Karachi port congestion…

Reko Diq project cost rises to $7.7bn, rail link financing planned

Revised $7.7bn plan includes $350m rail link loan for Port Qasim access, with mining to start in 2025 and full production by…

Govt approves use of confiscated solar panels to address energy shortages in Gilgit-Baltistan and Gwadar

Solar initiative aims to power remote regions and boost sustainable energy efforts across Pakistan…

Treet Battery Limited partners with Highstar to introduce lithium-ion batteries in Pakistan

Strategic agreement aims to tap into growing renewable energy and electric mobility markets…

The Securities and Exchange Commission of Pakistan (SECP) registered 3,278 new companies

The Securities and Exchange Commission of Pakistan (SECP) registered 3,278 new companies in August 2025…

Pakistan’s Tax Exemptions Result in Revenue Loss of Rs 2.43 Trillion in FY 2023–24

Pakistan’s cost of tax exemptions and concessions, or total Federal Tax Expenditure, for the fiscal year 2023–24 has been…

Pakistan, China Agree on $7 Billion ML-1 Railway Financing Consortium

Pakistan and China have agreed to establish a consortium of bilateral and multilateral partners to finance the $7 billion…

Pakistan Navy, China Discover Major Gas Reserves in Arabian Sea

Pakistan Navy, in collaboration with China, has identified vast gas reserves deep beneath the Arabian Sea, a discovery that…

Chinese and Pakistani Firms Sign $12 Million Agreement for Fishmeal Plant in Gwadar

MAYCOM Group and Pakistan’s TECNO Group have formalized a joint venture to establish a fishmeal processing plant at…

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