Government to spend Rs37.97m on appraisal of coal reserves
Rs37.97m to be spent on appraisal of coal reserves
Islamabad: The government will spend Rs37.97 million more on the appraisal of huge coal...
Wapda seeks 98pc rise in hydel generation tariff
KP demands 390pc increase in net hydel profit, Wapda seeks rise of 98pc in hydel tariff per unit
Islamabad: The Khyber-Pakhtunkhwa (KP) government has...
Pakistan FDI inflows increase 56pc due to CPEC: UN report
Pakistan FDI inflows increase 56pc due to CPEC
Islamabad: A United Nations (UN) report entitled ‘World Investment Report 2017: Investment and the Digital...
Rs41b approved by ECC to pay IPPs and PSO’s outstanding dues
Rs41b approved by ECC for payments to IPPs and PSO
Islamabad
The circular debt and power outages issue continues to create nightmares for the...
13 coal power plants on the verge of completion
Islamabad
Six power generation projects based on indigenous coal with cumulative capacity of 4,290 megawatts and seven projects based on imported coal with...
LNG imports from Qatar unaffected says: Shahid Khaqan Abbasi
LNG imports from Qatar to continue
Karachi
Shahid Khaqan Abbasi, Minister for Petroleum and Natural Resources on Wednesday gave a statement clarifying that LNG...
Kohat cement to establish grey cement production line
Karachi
In a notification sent to the Pakistan Stock Exchange (PSX) on Tuesday, Kohat Cement has decided to establish a grey production cement...
IPPs payables reach Rs191b, may shut down their power plants
Islamabad
The IPPs Advisory Council (IPPAC) has claimed that till May 15th the figure of payables has reached Rs191b and if the payment...
Crude oil production stands at 24.2 mbl in nine months
Pakistan’s domestic crude oil production stood at 24.2 million barrels (mbl) in first three quarters of the current fiscal year as compared...
ADP 2016-21 decisive for growth in automobile sector: MoIP
Islamabad
Ministry of Industries and Production Tuesday informed that investment under the Automotive Development Policy 2016-21 is very crucial for growth in this...
Russia-Pakistan gas pipeline in doldrums over tariff issue
ISLAMABAD
Under the intergovernmental agreement which was signed by the two countries in 2015, implemented by RT-Global Resources-part of Rostec corporation- is in...
Cabinet Committee on Energy urges no power outages during Ramazan
Islamabad
The Cabinet Committee on Energy (CCE) chaired by Prime Minister Muhammad Nawaz Sharif on Tuesday unanimously approved no power shutdowns on account of...
CPEC has boosted construction sector, planning commission data reveals
Islamabad
Planning Commission data has revealed that CPEC benefitted and boosted the construction sector helping create thousands of indirect jobs. This has indeed...
FBR faced with Rs 40 billion revenue loss in cigarette sector in FY17
Due to over taxation, the Federal Board of Revenue (FBR) is faced with a massive revenue loss of Rs 40 billion in...
Agri sector, CPEC project contributing to increasing private investment in Pakistan
Washington
The China-Pakistan Economic Corridor infrastructure projects and a stable macroeconomic environment is contributing to an increase in private investment in Pakistan, a...