Pakistan and ADB sign agreement worth $325 m for clean energy

Pakistan and Asian Development Bank (ADB)  have inked a loan agreement worth $325 million to improve facilities in education and health sectors...

Pakistan all set for its third LNG terminal at Port Qasim

Pakistan is all set for the completion of its third terminal that will have a capacity of 750 million cubic feet per...

OGRA grants license to 21 OMCs in six months

ISLAMABAD: Although the Oil and Gas Regulatory Authority (OGRA) has failed to make the licensed oil marketing companies (OMCs) comply with the...

PSO earns Rs 10.015bn profit despite circular debt of Rs 268bn

Report says the profit of PSO is in line with the expectations Power sector, PIA among the biggest defaulters of PSO   Pakistan...

Kashmir’s most valuable resource burning to ashes

“Your children and the generations to come will curse you for wasting Diyaar so ruthlessly,” rebukes a middle-aged man to Siddiq, the...

Work on the TAPI gas pipeline project to begin this month

Work on the long-awaited Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline will commence in Pakistan this month.Tapi Company, mandated to run the pipeline, has awarded...

NEPRA overturns its charges against K-Electric overcharging its consumers

“The authority (Nepra) modifies the impugned decision dated June 10, 2014 to the extent that KEL must ensure that no such kind...

Oil & Gas firms’ receivables mount to Rs 338b

The Ministry of Petroleum and Natural Resources has asked the Prime Minister to intervene as the receivables from power producing companies soar...

Work on two nuclear power projects in full swing

The development work on two nuclear power projects (KANUPP II and III) with a total production capacity of 2200 megawatts of electricity...

Expo 2017: Future Energy

by Muhammad Asif Noor Less than five months remain before the ‘Expo 2017: Future Energy’ opens in Astana, Kazakhstan. The ‘future energy’ theme is...

ECNEC approves energy and education mega projects

In a meeting chaired by Finance Minister Ishaq Dar on Wednesday, the Executive Committee of the National Economic Council (ECNEC) approved various...

Two new power plants to add 1650 MW to national grid

The government signed four agreements on Wednesday to set up two coal-based power plants of a total of 1650 MWs in Hub...

Work on Bhasha and Mohmand dams to commence in 2017: minister

Minister for Water and Power Khawaja Asif on Wednesday said that the groundbreaking ceremonies of two massive reservoir construction projects, the Diamer-Bhasha...

Two private companies win above $ 7 billion LNG supply bids

  Two private international firms have won financial bids worth above $7 billion for supplying 240 shipments of LNG (liquefied natural gas) to...

Two LNG supply bids of $7 billion to open on Thursday

by AHMAD AHMADANI Pakistan LNG Limited (PLL) is set to name two financial bids worth over $ 7 billion today to the successful...