KE CEO sees Rs 50 billion dues serious threat to power projects

Chief Executive Officer (CEO) Karachi Electric (KE), Moonis Alvi on Thursday said that the power utility’s unpaid receivables are a serious threat to investments in power projects in Karachi. Talking exclusively with Business Recorder, he said that K-Electric has launched an appeal for the recovery of dues of more than Rs 50 billion, pending with the government of Sindh (GoS)…

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Gas shortage: Minister assures traders of taking up issue with Centre

Provincial Minister of Local bodies Sindh, Nasir Hussain Shah, has assured industrialists of his help taking up the issue of gas outage in industrial areas of the city with the federal government. Speaking at a meeting of Korangi Association of Trade & Industry (KATI), he said that many of projects to improve connectivity would be start soon. He said that…

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Sindh consumers must not be burdened with high cost of RLNG: CM

Sindh Government on Thursday rejected any attempt of Federal Government to work out natural gas tariff by including RLNG into existing Weighted Average Cost of Gas (WACoG). This clear message has been sent by Chief Minister, Sindh, in a letter to Prime Minister Imran Khan in reaction to a recent media briefing by the Prime Minister’s special Assistant on Petroleum,…

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Renewables Poised to Support New Age of Development as Global Decision Makers Gather for 10th Assembly

Abu Dhabi, United Arab Emirates, 10 January 2020 — More than 1,500 delegates and high-level participants including prime ministers, ministers, heads of international and regional organisations together with leaders from financial institutions and private sector entities will gather in Abu Dhabi tomorrow for the Tenth Session of the International Renewable Energy Agency (IRENA) Assembly. The decision makers will come together to accelerate the uptake…

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