Procurement of land for Dasu hydropower project hits snags
An official source said Sigloo, Kaas and Sheikhabad are the areas where main civil works need to be initiated for main Dasu project and 500 acres of land is required in these places.
Master group wins bid to setup 99MW hydropower project
According to Pedo, the bid submitted by Masters Textile Limited and CHEC was greatly responsive in respect of “completeness, competitiveness, reasonableness and has the lowest rank"
PETRA chief calls for utilising Pakistan’s renewable energy resources
LONDON: PETRA Global Energy Group (United Kingdom) President and CEO Sheikh Rehman has stressed upon exploiting the rich potential of renewable energy...
Pakistan’s delayed LNG power plants set for final pre-operations checks in December-January: official
The delays at the three new plants - Haveli, Bhikki and Balloki - have forced Pakistan LNG to divert contracted liquefied natural gas (LNG) shipments
Saudi Arabia has ‘no intention’ of 1973 oil embargo replay: TASS
Several U.S. lawmakers have suggested imposing sanctions on Saudi Arabia in recent days while the kingdom, the world’s largest oil exporter, has pledged to retaliate to any sanctions with “bigger measures”
Asia petrol buckles under supplies; crack at over two-year low
Petrol margins against Brent crude fell 63 percent from the start of the month to $3.04 a barrel on Thursday, the lowest since Aug. 1, 2016, before recovering to $3.55 a barrel on Friday
Audi’s electric SUV faces four-week delay owing to software bug
FRANKFURT: Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a...
Work on Mardankhel gas pipeline commences
The mega project is expected to significantly redress energy crisis in the country
ISLAMABAD: Days after the successful commissioning of Mardankhel 2...
Wapda signs Rs4.9b contract for construction of Dasu hydropower infrastructures
The contract is scheduled to be completed in about two years. Dasu Hydropower Project will be completed in two stages
Thar coal power plant set for completion by March 2019
ISLAMABAD: Thar coal power plant will be completed by March 2019 and start generating 660MW as most of the work on mining...
Pakistan’s textile exports inch up by 0.86 percent in 1st quarter FY19
During the period under review, bedwear exports from the country increased by 2.89 percent, from $567.224 million to $583.62 million while the tents canvas and tarpaulin's exports also increased by 3.54 percent from $16.13 million to $16.7 million
FBR contemplating to allow manufacturers to import raw materials under DTRE scheme
Mr Khokhar shared the government had agreed in principle to make payments of Customs rebate automatically on the realization of export proceeds and a proclamation in this respect would come soon
Govt contemplating to export surplus wheat
Mr Dawood highlighted the surplus of wheat in the country needs to be exported for reining in the decline of foreign currency reserves and save storage cost of the commodity
Engro says govt has no contractual right to renegotiate LNG agreement
On Thursday, the Information Minister Fawad Chaudhary had announced the government would be conducting an audit of the two LNG deals
IMC resumes booking of vehicles
IMC requests customers to make partial payments only and told them not to make full payments at the time of booking their vehicles