Pakistan Water and Power Development Authority (Wapda) has awarded a contract worth Rs1.14 billion for unified consultancy services for the Greater Karachi Water Supply Scheme (K-IV) to a joint venture through international competitive bidding. The joint venture includes one Austrian and two Pakistani firms. The unified consultancy services agreement consists of design review, detailed engineering design for conveyance system, allied…
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German carmaker Opel said on Thursday that it would stop producing cars with internal combustion engines in Europe by 2028, one of the most ambitious greening targets in the accelerating shift to electric vehicles. Carmakers around the world have started setting timetables to phase out petrol and diesel vehicles in the face of increasingly strict anti-pollution standards put in place…
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The Pakistan Railways (PR) is considering a proposal seeking termination of service contract with its oil supplier— the state-owned Pakistan State Oil (PSO)—and joining hands with any private sector oil marketing company (OMC) for better services in future. Keeping in view recommendations of a third party forensic audit, the Railways has also decided to modernise its all 14 fuel storage…
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Regarding some reports in a section of media on lesser RLNG supply to the Power Plants in August, a spokesperson of the Ministry of Energy has clarified that Minister for Energy, Muhammad Hammad Azhar has already issued directions to SNGPL to provide them maximum gas supplies in order to ensure seamless power supply during summer months. Accordingly SNGPL has already…
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The federal capital is abuzz with speculation that Special Assistant to the Prime Minister on Power and Petroleum Tabish Gauhar will be shown the door for allegedly failing to deal with the recent energy crisis which earned a bad name for the government, well informed sources told Business Recorder. The decision makers, sources said, have already begun contacting some experienced…
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Following the government’s announcement of withdrawal of taxes on vehicles, the auto companies have announced a reduction in car prices. “Indus Motor Company has slashed prices in the range of Rs100,000-400,000 on different variants and models in line with the government’s initiatives,” said Indus Motor Company CEO Ali Asghar Jamali while talking to The Express Tribune. Indus Motor reduced the…
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President Joe Biden on Thursday acknowledged that the Taliban are militarily stronger than at any point since the war in Afghanistan began in 2001, adding that he considered it “highly unlikely” that a “unified government” would be able to control the entire country. In a speech delivered at the White House, Biden however defended his plans to withdraw US troops…
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The Taliban on Thursday seized another key Afghan border crossing, this time with Iran, according to an Afghan official and Iranian media. The seizure is part of a Taliban surge as American troops complete their pullout from Afghanistan. It was the third border crossing the insurgents have taken in the past week, after previously seizing crossings with Tajikistan and Uzbekistan.…
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The United States has said that Pakistan has been a “helpful and constructive partner” when it comes to Afghanistan, stating that the interests of both countries “go well beyond that”. “Pakistan is an important partner in various fronts and both the countries have shared interests in peace and stability in Afghanistan,” US State Department Spokesperson Ned Price was quoted by…
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Prime Minister Imran Khan on Thursday launched Pakistan’s first ever locally manufactured electric motorcycle. Speaking at a ceremony in Islamabad, the prime minister said the launch of the electric motorcycle was a “futuristic step”, adding that his government’s new electric vehicle (EV) policy laid down a plan and defined a direction for the future. The launch of the electric motorcycle…
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