Month: March 2021

Imran Maniar, MD, SSGC visited various facilities of the Company’s Hyderabad Region to apprise himself with the progress of various departments and ongoing projects. This was MD’s first visit to Hyderabad Region since his appointment in last February. Amongst others, during the visit, MD was accompanied by Asad Saeed Khan, SGM (HR), Abdul Waheed Jumani, GM In-charge (Gas Distribution Interior Sindh) and Brigadier Mohammad Abuzar (retd), DG (Security Services and Counter Gas Theft Operations). MD and his team visited HQ-3 (Transmission Headquarters), Regional Office, Stores, Medical Services; IT’s Disaster Recovery…

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LAHORE: The National Transmission and Dispatch Company Ltd (NTDC) have completed the rehabilitation/up-gradation of the existing 130km long 220kV double circuit transmission line from Jamshoro to KDA-33 (Karachi). The NTDC has completed rehabilitation work ahead of the deadline despite difficulties faced during the COVID-19 pandemic. The transmission line is expected to be energized on or before 31st March 2021. The completion of this transmission infrastructure shall result in the increase of 450 MW power supply from national grid to the KE power network during summer once load demand is high.…

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Saif Power Limited (PSX: SPWL) – a subsidiary of the Saif Group – announced its financial performance for 2020 recently, and just as other IPPs, the key highlight was the decline in utilization levels due to lower dispatches of electricity during the year by the independent power producer. SPWL’s net revenues dipped by 40 percent year-on-year where the utilization levels are expected to be much lower in CY20 versus 40 percent in CY19. While the actual utilization levels for CY20 were not known at the time of writing, they were…

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ISLAMABAD: The Petroleum Division has worked out a policy to convert the Thar Coal to Liquid (CTL) and Coal to Gas (CTG) with huge incentives in form of fiscal package for investors, including 10-year income tax waiver. The policy draft identifies the commercial and regulatory framework in which coal can be converted into synthetic gas and synthetic diesel would help displace oil and gas imports to some extent. Under the fiscal package, the policy proposed fiscal incentives to companies investing in converting Thar coal into liquid and coal into gas.…

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Sindh government spokesperson Murtaza Wahab stressed on Tuesday the need to plant trees, pledging that the Sindh government would work towards increasing green areas in the province. He said this while addressing the media after planting trees at Jheel Park as part of province-wide tree plantation campaign launched by the Sindh government. “Everyone looks for shade, but no one is planting trees,” he lamented, adding that the provincial government would also take steps to inculcate the importance of planting trees in children. Read: Efforts under way to plant 103 million…

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