Monday, April 27 2026

KAPCO, Fauji Cement acquire 92.03% controlling stake in Attock Cement
Kot Addu Power Company Limited (KAPCO) announced on Monday that Fauji Cement Company Limited and KAPCO had successfully taken over a controlling stake (92.03%) in Attock Cement. This was announced in a notice to the Pakistan Stock Exchange today. “We would like to inform that the transaction has been executed today, i.e. on April 24, 2026, upon completion of all contractual conditions and compliance with applicable corporate and regulatory requirements, including a mandatory tender offer under the provisions of the Securities Act, 2015 and the Listed Companies (Substantial Acquisitions of Voting Shares and Takeovers) Regulations, 2017 (Takeover Laws),” the notice said.
Related news categories: business cement economic-indicators power-gen-dist psx stock-exchanges
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Tuesday, April 07 2026

Weak grid holding back solar boom in Pakistan: report
The Competition Commission of Pakistan (CCP) has highlighted that outdated grid infrastructure is acting as a critical bottleneck to the country’s solar energy expansion, urging authorities to take urgent modernisation measures to support rising distributed generation and unlock the sector’s full potential. The CCP it its study on the solar market, proposed targeted reforms to remove entry barriers, enhance market transparency, and boost investment in the solar sector. The study, titled “Unlocking Green Potential: A Market Competition Study of Solar Energy in Pakistan,” identified key structural challenges and outlined practical measures to strengthen grid infrastructure, improve policy clarity, and enforce quality standards, aimed at fostering competition and driving sustainable growth in the sector.
Related news categories: business economic-indicators power-gen-dist