SHC seeks replies from federal, provincial govts over toxic gas leak in Karachi’s Keamari area

The Sindh High Court (SHC) on Monday issued notices to the federal and provincial government on a petition seeking an inquiry into the deaths of more than 10 people in Karachi’s Keamari area due to a toxic gas leak. A two-judge bench, headed by Justice Ali Mazhar, also issued notices to the federal and provincial law officers, directing them to submit replies…

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Pakistan offers $100bn investment opportunities in energy sector: Ayub

ISLAMABAD: Pakistan and China on Monday pledged to keep the China-Pakistan Economic Cor­ridor (CPEC) unaffected by the temporary challenge of coronavirus outbreak as Energy Minister Omar Ayub Khan pitched for about $100 billion worth of investment opportunities in the country’s power sector. Speaking at a ceremony — Energy Week — organised by National Electric Power Regulatory Authority (Nepra), Mr Ayub…

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Drilling companies’ merger ready to cause revenue loss to cash strapped Pakistan

The merger of sub drilling company of the Schlumberger Land Rigs (SLR) with Arabian Drilling Company (ADC) is ready to impose a major revenue loss to already cash strapped Pakistani government. READ MORE: Russia eyeing ‘possible’ multilateral talks on Syria According to sources and a statement issued by Zaheer Babar the country manager of the Sea & Land Drilling Contractors Inc.…

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Reducing energy tariffs

Prime Minister Imran Khan has stressed the need to bring energy prices down and has asked for out-of-the-box solutions. There is no magic wand. The die has been caste by prior commitments. However, some smaller adjustments and improvements on a number of fronts may add up to a worthwhile reduction. Bureaucratic processes often deride creativity and innovation. At the risk…

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Govt to help KE raise generation capacity by 1,600MW

ISLAMABAD: Amid delays in K-Electric takeover by the Shanghai Electric Limited (SEL) of China, the government has decided in principle to facilitate the Karachi-based power utility to increase its own generation capacity by 1,600MW and enhance supply from the national grid to 1,400MW on an urgent basis. For this to deliver, the government would immediately allow the KE to start…

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Paracha Hopes Decrease In CNG Price With Private LNG Import

ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 23rd Feb, 2020 ) :All Pakistan CNG Association (APCNGA) Central Chairman Ghiyas Abdullah Paracha has expressed confidence that there would be a considerable decrease in price of the commodity after arrival of private sector players in import of Liquefied Natural Gas (LNG). “The association expects the arrival of private LNG cargoes…

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AGP detects losses of Rs 3.384 billion in KP Energy & Power Department

The Auditor General of Pakistan (AGP) has detected two cases of the non-recovery of a huge amount of Rs.3384.794 million in the accounts of the Energy and Power Department of Khyber Pakhtunkhwa, says AGP Audit Year 2016-17. The audit report has already been tabled in the provincial assembly that has referred it to the Public Accounts Committee (PAC) of the…

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