The production facility at Manzalai, District Karak, has come under gunfire: MOL Special Report A terrorist incident has been reported at one of the exploration sites of MOL, Pakistan in the district of KP, well-placed sources told this scribe seeking anonymity. Chaos erupted at an exploration site operated by MOL, …
Read More »Net metering system in Pakistan
Special Report In the last week, the news appearing on local media for taxing the solar system and reducing the prices of net metering units has gripped. The solar system users in Pakistan were in total panic and did not know what the government would do with their installed system …
Read More »Islamabad in search of waste disposal sites for six decades
Mahtab Bashir ISLAMABAD: Lalarukh, a resident of I-10, becomes frustrated by the lingering unpleasant odor that greets her every time she ascends to the rooftop in search of a breath of fresh air. She is expressing dissatisfaction with the city’s industrial nature, which is causing pollution through smoke and water …
Read More »Electricity consumers to pay Rs 2.8 tr under capacity payments
The electricity consumers are set to pay capacity payments up to Rs 2.8 trillion during the upcoming financial year 2024-25.The capacity payments account for 70 percent of electricity tariff for the consumers whereas the energy price amounts to 30 percent.These capacity payments are linked with dollar indexation and therefore, these …
Read More »ECC approves lavishly Rs 87bn under TSGs
The Economic Coordination Committee (ECC) of the Federal Cabinet on Thursday approved Technical Supplementary Grants (TSGs) amounting Rs 87 billion just a two weeks before for a new federal budget to be laid before the parliament for approval. The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb presided over …
Read More »2nd phase of CPEC emphasizes B2B partnerships
Federal Minister for Planning, Development & Special Initiatives, Prof. Ahsan Iqbal, convened a meeting with 35 Chinese enterprises and Pakistani business houses to explore opportunities for enhanced bilateral cooperation and mutual growth. The meeting aimed to solicit input and proposals for strengthening business-to-business partnerships, a key focus of CPEC’s 2nd …
Read More »ARAMCO acquires 40% shares in GO Petroleum
The Competition Commission of Pakistan (CCP) approved a 40% equity stake acquisition in Gas & Oil Pakistan Ltd (GO) by Aramco, a global leader in integrated energy and chemicals. This transaction marks Aramco’s first entry into Pakistan’s fuels retail market, underscoring its confidence in the country’s economic potential and its …
Read More »Rising Electricity Costs Drive Pakistanis toward Solar Solutions
Special Report Islamabad: Discover how residents in Pakistan are combating high electricity bills by transitioning to solar energy. Learn about the significant increase in solar panel installations and the potential for renewable energy in Pakistan Taiq Iqbal, a resident of Islamabad, has been troubled by extraordinarily high electricity bills from …
Read More »VCs demand not Establishing new universities
In a concerted effort to address the pressing challenges faced by the higher education sector, the Vice Chancellors’ Committee was convened for a two-day meeting in Islamabad with the participation of more than 160 public and private universities from across the country. The gathering provided a platform for the university …
Read More »PPAF receives prestigious workforce award
In a proud moment for the nation, the Pakistan Poverty Alleviation Fund (PPAF) has been honoured with the esteemed International Energy Workforce Award 2024 by the Energy Institute (EI) of the United Kingdom. This accolade underscores PPAF’s exceptional dedication to building a skilled workforce and combatting climate change through its …
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