ISLAMABAD: Ministry of Water Resources (MoWR) has challenged recommendations of Council of Common Interests (CCI) regarding appointments of Wapda Chairman and Members, saying the direction is against the judgment of Lahore High Court (LHC), sources in the Ministry told Business Recorder. Wapda was established as a body corporate under section 3 of an Act of Parliament in 1958 for the…
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LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar on Monday stressed the need for resolving the circular debt issue by revamping the entire power sector, including tariff setting, efficiencies of power generating units, supply chain network and payment recoveries. If this is not done, the future of energy sector would remain at stake, the…
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ISLAMABAD: A private member bill introduced in the Upper House of the Parliament on Monday sought to amend the law to “enhance the functions and utility” of the Federal Board of Revenue’s (FBR’s) Policy Board. During the Senate session presided over by Chairman Sadiq Sanjrani, Kauda Babar, an independent senator from Balochistan, introduced the Federal Board of Revenue (Amendment) Bill,…
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ISLAMABAD, Jul 27 (APP):Minister for Power Division Omar Ayub Khan on Monday informed the Senate that the government had an integrated plan to generate 100,000 MW by 2047 through indigenous resources to ensure energy security and boost industries. Winding up discussion on a motion that this House may discuss the issue of increase in circular debt beyond Rs 1660 million,…
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They said coal projects were causing the displacement of people and polluting drinking water and affecting the environment. The Pakistan Fisherfolk Forum organised the conference on ‘air pollution and groundwater’ in the coastal neighbourhood of Ibrahim Hyderi. The moot followed SOPs as the distance of six feet among the seating of participants was maintained. PFF chairman Muhammad Ali Shah said…
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The $400 billion strategic partnership between Iran and China is a milestone in the rise of the Middle Hemisphere. It’s somewhat like the Monroe Doctrine of 1923 when the US realized that it didn’t need to physically take over other countries when there were less bloody and messy ways of establishing economic dominance in the Western Hemisphere. Through the Belt…
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ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 27th Jul, 2020 ) :The Balochistan government has been planning to launch small scale power projects under Roshan Balochistan programme which would be handed over to Quetta Electric Supply Company (QESCO). The energy generated from the small scale power projects could be used for street lights and water supply tube wells,…
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KARACHI: The Sui Southern Gas Company (SSGC) has invited bids from suppliers for the provision of 7,500MT of imported LPG in three parcels of 2,500MT each, to be delivered in October, a statement said on Monday. The southern gas utility supplies synthetic natural gas (SNG) during high demand as an alternative to piped gas, it added. SSGC was already setting…
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ISLAMABAD: The government is set to expand the scope of inquiry against oil marketing companies (OMCs) to probe the shortage of petroleum products in June 2020. The Cabinet Division has moved a summary to the cabinet for constitution of a commission of inquiry to investigate the shortage of petroleum products in its meeting scheduled for Tuesday. This will be the…
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The year 2020 has not been kind to most sectors of the economy, what with the double whammy of a global pandemic and the ensuing global recession. Yet, all things considered, it is remarkable that power generation in Pakistan actually fared alright, declining only marginally when comparing fiscal year 2020 to 2019. Even better, demand for power has picked up…
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