Author: Waheed Ahmed
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Transforming Pakistan’s Energy Landscape with Battery Storage Systems
Power Zone Partners with Chint to Bring Advanced ESS to Pakistan, says Abu Bakar Siddiqui, Director Power Zone in an interview with ER Power World & Battery Energy Storage System The generator generates, and the battery stores energy. The Battery Energy Storage System (BESS) has multiple applications and benefits. For example, from a Pakistani market…
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Moonis Abdullah Alvi Reappointed as CEO of K-Electric
The Board of Directors of K-Electric (KE) has reappointed Moonis Abdullah Alvi as the Chief Executive Officer (CEO) of the utility, effective July 30, 2025, for another term, reaffirming confidence in his leadership during a period marked by operational reforms, regulatory challenges, and evolving energy demands in Pakistan’s largest city. Alvi, who first assumed the…
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Tahir Sultan Calls for Construction Bank to Strengthen Industry Finances
In an interview with ER, Chief Executive, Firm Decon International says: The private sector companis’ share is declining in Pakistan Where Does the Construction Industry Stand in Pakistan? The overall condition of the construction industry in Pakistan is not very promising at the moment, especially in the private sector. There are many challenges. The number…
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Mari Acquires Key Working Interests in KP, Balochistan, and Punjab Blocks from OPI
In a strategic move to expand its upstream petroleum portfolio, Mari Energies Limited has entered into farm-out agreements with Orient Petroleum Inc. (OPI) to acquire significant working interests in three exploration blocks across Pakistan. According to the disclosure submitted to the Pakistan Stock Exchange, Mari Energies will acquire: 45% working interest and operatorship in the…
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Zarea Launches Wholly Owned Subsidiary in UAE to Accelerate Global Expansion
In a significant move toward international expansion, Zarea Limited has announced the successful incorporation of its wholly owned subsidiary in the United Arab Emirates (UAE) under the name Zarea Commerce FZCO. According to a notice submitted to the Pakistan Stock Exchange (PSX), the newly formed entity will be based in Dubai and serve as Zarea’s…