Water scarcity could topple all economic efforts in near future
ISLAMABAD:Â To ensure overcoming water shortage and achieving sustainable economic growth, the Islamabad Chamber of Commerce and Industry (ICCI) Saturday called upon the...
Petrol, diesel prices slashed by Rs2 for April 2018
ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...
KCCI urges lawmakers to ensure uninterrupted electricity to industrial zones
KARACHI:Â Karachi Chamber of Commerce and Industry (KCCI) President Muffasar Atta Malik, while expressing deep concerns over the current spell of unannounced load...
US crude production rose by 6,000 barrels per day in January: EIA
WASHINGTON: U.S. crude production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the Energy Information...
Govt looks towards long-term agreements for LNG supplies
ISLAMABAD: To reduce its dependence on spot purchases of Liquefied Natural Gas (LNG), the government is mulling to sign long-term sale and...
Govt gives security clearance to K-Electric deal
ISLAMABAD: A major hurdle in the way of K-Electric’s sale to Shanghai Electric Power has been removed as the government on Friday...
SDPI budget proposals 2018-19: Govt urged to pursue simplification of tariff regime
ISLAMABAD: As the government has decided to announce the budget on April 27, it has been urged to simplify tariff regimes and reduce...
Neelum Jhelum Hydropower project’s 1st unit to start generation on April 13
ISLAMABAD: The first unit of 969 MW Neelum Jhelum Hydropower project, located in Azad Jammu and Kashmir (AJK), will start supplying 470...
Contract for country’s first supercritical coal-fired power project in Jamshoro signed
JAMSHORO: The management contract of Jamshoro Coal-Fired Power Project was signed between the Jamshoro Power Company Limited (GENCO) and Siemens Harbin Electric...
CCoP expected to give clearance to K-Electric sale
ISLAMABAD: The Cabinet Committee on Privatization (CCoP) meeting scheduled for Friday is set to take-up and give clearance for K-Electrics acquisition by...
Nine bids submitted for privatization of QASP
LAHORE: Nine entities have submitted their bids for the privatization of Quaid-e-Azam Solar Power Plant (QASP) having a capacity of 100 megawatts.
This...
Kapco challenges Rs27.727 billion penalty, initiates arbitration proceedings against Wapda
LAHORE: A notification sent to the Pakistan Stock Exchange (PSX) on Thursday by Pakistan’s biggest independent power producer Kot Addu Power Company...
Contract inked for 660MW power production of JCFPP
ISLAMABAD: An Engineering, Procurement, and Construction (EPC) contract for the first unit with a capacity of 660MW (out of two units of 660MW each), and...
Miftah Ismail reviews performance of National Savings
ISLAMABAD: Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Thursday, chaired a meeting to review the performance of National Savings.
National...
ECC allows OMCs to charge masses with Rs48 crore under custom duties
ISLAMABAD:Â The Economic Coordination Committee (ECC) of the cabinet has granted the approval to Oil Marketing Companies (OMCs) to charge the masses with...