Power infrastructure development: Chinese company ready to cooperate

China Southern Power Grid Yunnan International is willing to cooperate in power grid and power infrastructure development in Pakistan in wake of investment opportunities offered under China-Pakistan Economic Corridor (CPEC) framework, said Chief Engineer, Zhang Yunhu. There are good examples for the cooperation in power sector mostly in power plants under CPEC flagship project. “For us, if we have opportunity…

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Registration of TB workers in coal mines in Shangla

Khyber Pakhtunkhwa Minister for Labour and culture Shaukat Yousafzai has said that process of diagnosis, registration and determination of the total number of TB workers in coal mines in Shangla district, in collaboration with the Health Department and Dopasi, has started. The event was formally inaugurated at the residence of Dr. Sharifullah Saqib. Insaf Doctors’ Forum Vice President of PTI…

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Can The U.S. Compete With Qatari LNG?

Qatar’s recent announcement that it would build the world’s largest LNG production facility did not prompt any applause from other LNG producers. Now, the tiny Gulf nation is also cutting its prices and expanding into the spot market to retain its number-one position in LNG exports. This could result in the death of some planned U.S. LNG projects. U.S. liquefied…

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ECC approves deal with K-Electric

The Power Division has claimed to have saved consumers from a burden of around Rs170 billion due to removal of the ‘fairness and equity’ clause from an arbitration deal between K-Electric and state-run power utilities. Sources told The Express Tribune that the issue of arbitration deal between K-Electric and state-run entities – National Transmission & Despatch Company (NTDC) and Sui…

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Koto hydropower project to be completed by Dec

About 90 per cent work on the under-construction Koto hydropower project (Koto-HPP) has been done and it will be completed by December this year, said assistant project director while briefing a team of the district administration. The team, including deputy commissioner Aun Haider Gondal, Timergara assistant commissioner Tahir Ali and other officials, visited the project site here the other day.…

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Two ex-PIA chairmen, former CEO booked for causing loss of Rs1.25 billion

The Federal Investigation Agency (FIA) on Monday registered a case against two former chairmen of Pakistan International Airlines (PIA), a former acting CEO, and arrested a former director of the national airline on charges of causing losses of over Rs1 billion to the exchequer. FIA Sindh Director Amir Farooqi told Dawn the investigative body had registered a case against PIA…

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300MW hydropower plant: $300m loan agreement inked with ADB

 The Asian Development Bank (ADB) and the government of Pakistan on Friday signed a $300 million loan agreement to finance the construction of a 300-megawatt hydropower plant in Balakot, Khyber-Pakhtunkhwa. The ADB Acting Country Director, Cleo Kawawaki, and Ministry of Economic Affairs Division Secretary Noor Ahmed signed the loan agreement for the project, which was approved by the ADB on…

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Pakistan launches new airline to boost tourism

To boost tourism, the Civil Aviation Authority (CAA) on Saturday issued TPRI (Tourism Promotion and Regional Integration) license to a newly launched private airline named North Air. As per details, the privately launched new airline is planned to operate flights for Gilgit, Skardu, Chitral and Gwadar. Initially, the airline will operate flights between Islamabad-Gilgit, Islamabad-Skardu, Islamabad-Chitral and Islamabad-Gwadar. The head…

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