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Jamshoro Power Plant faces technical, environmental hurdles in coal switch: experts

KARACHI: A $545 million-dollar power plant in Sindh, financed by the Asian Development Bank , faces technical and environmental hurdles as it seeks to switch from imported coal to local coal,...

Karachi , Sindh , Pakistan , Jamshoro , Muhammad-abdul-rafay , Shan-ashary , Asian-development-bank , National-electricity-plan , Pakistan-water-power-development-authority , Coal-mine-power , Jamshoro-power-plant , Power-development-authority

Saudi minister seeks govt's intervention for resolution of KE issue

ISLAMABAD: Saudi Minister for Investment Khalid A Al-Falih has sought intervention of caretaker Minister for Finance...

Pakistan , Saudi-arabia , Islamabad , Saudi-arabian , Saudi , Khalida-al-falih , Shan-ashary , Shamshad-akhtar , Aljomaih-group , Saudi-minister , Investment-khalid , Revenue-dr-shamshad-akhtar

SPV 21 seeks govt help to assert its position regarding KE

ISLAMABAD: Infrastructure Growth Capital Fund LP (IGCF) SPV 21 claims to own 53.8 per cent shares of KES Power...

Shanghai , China , Islamabad , Pakistan , Cayman , 00 , Cayman-islands , Pakistani , Muhammad-saeed , Mehmood-mandviwalla , Al-jomaih , Shahzad-asif

K-Electric seeks $2bn from Shanghai Electric for stake sale

KARACHI: K-Electric , Pakistan’s only private sector power utility, said on Wednesday it wants Shanghai Electric Power to raise its offer to buy a majority stake in the company to $2 billion,...

Pakistan , Kuwait , Shanghai , China , Karachi , Sindh , Saudi-arabia , Saudi-arabian , Saudi , Pakistani , Shan-ashary , Investment-facilitation-council

K-Electric Urges Shanghai Electric Power to Raise Bid to $2 Billion for Majority Stake

K-Electric Urges Shanghai Electric Power to Raise Bid to $2 Billion for Majority Stake
propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.

Pakistan , Saudi-arabia , Karachi , Sindh , Shanghai , China , Saudi , Pakistani , Shan-ashary , National-electric-power-regulatory-authority , Mashreq-bank , Capital-fund

Why the row over KE's majority ownership? - Business

The Pakistani government controls 24.4pc shares in K-Electric while Cayman Islands-registered KES Power Ltd owns 66.4pc shareholding.

Cayman , 00 , Cayman-islands , British-virgin-islands , Pakistan , Karachi , Sindh , Shaheryar-chishty , Shan-ashary , Abraaj-group , Exchange-commission-of-pakistan , Sage-venture-group-ltd

Status quo in KE board re-composition case - Newspaper

The tussle between the two groups of KES Power’s shareholders began in October 2022.

Cayman-islands , Karachi , Sindh , Pakistan , British-virgin-islands , Pakistani , Shaheryar-chishty , Shan-ashary , Sindh-high-court , Al-jomaih-power-ltd , Asiapak-investments-ltd , Growth-capital-fund

Court backs KE holding firm's majority owner over board tussle - Newspaper

IGCF owns a 53.8 per cent shareholding in Cayman Island-registered KES Power Ltd, which in turn owns 66.4pc of KE.

Shanghai , China , Kuwait , Karachi , Sindh , Pakistan , Saudi-arabia , Cayman , 00 , Cayman-islands , Islamabad , Saudi

Pakistan's K-Electric shareholder says court backs it in board dispute

KARACHI, Pakistan :A Cayman Islands court ordered minority investors in Pakistan utility K-Electric to drop a case in Pakistan seeking to block the company's majority shareholder from naming directors, the shareholder said on Friday, but a minority investor gave a conflicting account.Infrastructure and Growth

Karachi , Sindh , Pakistan , Shanghai , China , Saudi-arabia , Kuwait , Cayman-islands , Cayman , 00 , Saudi , Shan-ashary

KE's controlling stake sale nears completion abroad, unbeknown to Pakistan

LONDON: The sale of a large part of the controlling stake in Karachi Electric held by KES Power outside Pakistan appears to be in advanced stages, awaiting approval from a Cayman Islands court, but...

Shanghai , China , Kuwait , Saudi-arabia , Cayman , 00 , Cayman-islands , Pakistan , Karachi , Sindh , London , City-of