NEPRA hikes power tariff by 10 paisa per unit
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) on Wednesday allowed an increase of 10 paise per unit in the power tariff for...
Disco’s recoveries fall, as circular debt crosses Rs750 billion
ISLAMABAD: The Power Ministry on Monday acknowledged on Monday circular debt has crossed over Rs750 billion due to decrease in recoveries in...
Recoveries from power consumers reach 94.4pc: Economic survey 2016-17
Pakistan’s installed capacity of power generation reached 25,100 megawatts in financial year 2016-17 in comparison to 22,900 MW a year ago. This...
Overbilling to be declared a crime under new law: NA informed
ISLAMABAD: Responding to a calling attention in the National Assembly on Tuesday the Power Minister Sardar Awais Ahmad Khan Leghari said that...
Oil prices decline, on back of weak Chinese, Japanese industrial data
TOKYO: Oil prices fell on Wednesday as weak Chinese and Japanese industrial data triggered concerns of an economic slowdown that could lower...
CPPA seeks Rs1.86 per unit hike in electricity tariff
ISLAMABAD:Â The Central Power Purchasing Agency (CPPA) has sought Rs1.86 per unit hike in the power tariff under the head monthly fuel price...
Pakistan among top five recipients of PPI investment from World Bank
ISLAMABAD: Pakistan has entered the list of five largest recipients of Private Participation in Infrastructure (PPI) investment of World Bank by receiving...
Oil and gas exploration increases 79pc
Islamabad: Pakistan witnessed an increase of around 79 percent in oil and gas exploration activities in different potential areas during the last...
Pakistan GasPort to recommence LNG supplies on Dec 8
LAHORE: Pakistan’s second LNG import terminal, established by Pakistan GasPort Consortium Limited (PGPC) at Port Qasim, Karachi, shall recommence gas supplies to...
Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018
KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.
AGP office unwilling to conduct pre-audit of Rs80b circular debt payment
ISLAMABAD: The Audit General of Pakistan (AGP) has shown unwillingness to carry out a pre-audit of circular debt, jeopardizing government’s plan to...
Exclusive: India considering allowing foreign investment in nuclear power
India is considering overturning a ban on foreign investment in its nuclear power industry and allowing greater participation by domestic private firms,...
Iran, Turkey, Russia ink oil cooperation agreement
TEHRAN
A tripartite oil partnership and investment agreement were signed in Moscow between Iran, Turkey and Russia.
The three-party oil deal was sealed between...
Oil edges up on Saudi output cut and Iran sanctions, but slowing economic growth drags
In July, Saudi Arabia told the producer group of the Organization of the Petroleum Exporting Countries (OPEC) that it had curbed production by 200,000 barrels per day (bpd) to 10.288 million bpd
India moves to revive TAPI gas pipeline
NEW DELHI
India will host the next steering committee meeting of the proposed 1,814 kilometre-long Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, senior officials on both...