1320 MW Port Qasim Power project to be completed by June 2018

The 1320 MW Port Qasim Electric Company Coal Fired project would start its commercial operations in June 2018, with an estimated cost of $1.98...

NBP terms unauthorised bank account allegations ‘baseless’

The National Bank of Pakistan (NBP) has categorically refuted the recently referenced allegations of Shaheed Zulfiqar Ali Bhutto Medical University (SZABMU) money managed through...

OGRA ex-members seek information over appointment of new SED

Two former members of the Oil and Gas Regulatory Authority (OGRA) have sought information under the Freedom of Information Act 2010 over the direct...

Policy recommendations governing use of biomass technologies finalised

The United Nations Industrial Development Organization (UNIDO) and the Alternative Energy Development Board (AEDB) jointly organised a workshop to gauge feedback from stakeholders regarding...

Wapda to raise $350m from international markets for Dasu hydroelectric power project

To raise $350m for the construction of Dasu Hydroelectric power project, Wapda will be tapping the international markets for the very first time. At...

ECC decides to allocate 10 mmcfd gas from Tolang field to SNGPL

The Economic Coordination Committee (ECC) meeting chaired by Finance Minister Ishaq Dar was held on Friday in which the decision to allocate 10 mmcfd...

Gov’t decision to lift moratorium on new gas connections hailed

Pakistan Businessmen and Intellectuals Forum (PBIF) Friday hailed the government's decision to lift moratorium on new gas connections.The decision would help masses to get...

SBP inks agreement on BPA with Irani bank

An agreement on Banking and Payment Arrangement (BPA) has been signed between State Bank of Pakistan (SBP) and Bank Markazi Jomhouri Islami Iran (BMJII)...

PTCL earns Rs 28.8bn in first quarter 2017

Pakistan Telecommunication Company Limited  (PTCL) announced that it earned Rs 28.8 billion revenue during the first quarter of 2017, the company announced its financial...

PR abandons billion dollar Private Track Access project

The Sindh High Court (SHC) has granted a stay against Pakistan Railways for abandoning a multi-billion rupees project with a private firm under the...

Motorbikes production increase to1.209m units in 9 months

The production of Motorcycles and three-wheelers in the country increased to 1.209m units during first nine months of the the current fiscal year as compared...

First tobacco quality assessment lab estabilished

Federal Minister for Commerce, Engr. Khurram Dastgir Khan Thursday said that a state-of-the-art laboratory has been established in Khan Garhi Research Centre that will...

Demand for gas likely to rise following lifting of moratorium on new gas connections

Recently, the federal government lifted the moratorium on the issuance of new gas connections despite the availability of gas remaining highly challenged.Sui Northern Gas...

Neelum Jhelum hydroelectric power project 92pc complete, says Wapda chairman

Water and Power Development Authority (Wapda) Chairman Lieutenant General (Retired) Muzammil Hussain on Thursday stated that the 969-megawatt Neelum Jhelum Hydroelectric power project is...

Aptma Chairman welcomes Chinese businessmen to joint venture in textile sector

All Pakistan Textile Mills Association (Aptma) Chairman Aamir Fayyaz while giving a presentation to the textile groups from Tianjin city of China invited Chinese...

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Kinnow exports likely to touch 400,000 tonnes this season

ISLAMABAD: Pakistan has exported around 350,000 tonnes of kinnow during the current season as compared to 335,000 tonnes during the previous season, registering an increase...

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