After the latest hike petrol is selling at Rs123.30 per litre, but CNG still provides a saving of 5pc,” claims Ghayas Paracha, group leader of the All Pakistan CNG Association (APCNGA). In Punjab and Islamabad, CNG is being sold at an average price of Rs121 per litre. Despite very low savings commercial transport owners and 20pc private car owners still…
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The revolutionary steps for the betterment of mining sector have enabled government to collect a record revenue of more than Rs 10.19 billion for the fiscal year 2020-21. Chief Minister Usman Buzdar said that better utilization of mining resources will be ensured in Punjab. The Chief Minister said restrictions/limitations on the cement industry have been lifted/removed for the development of…
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The Punjab government has regulated the cement sector and issued 22 no-objection certificates (NOCs) for the setting up of new cement factories while ensuring that no more unit is established in the areas declared “negative”. A study earlier conducted declared areas around Kallar Kahar as “negative” for the setting up of cement factories as the underground water had fast depleted.…
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Connor Albrecht is in the Oil & Gas Engineering Division at Texas Railroad Commission in Austin. Previously heworked on the engineering teams with Halliburton HAL -1.6% in the Eagle Ford, Parsley Energy in the Permian, and at Ameredev in the Delaware basin of New Mexico. He graduated from Texas Tech in 2017 with a degree in Mechanical Engineering. Connor is unafraid to spell out the…
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The federal government has imposed additional sales tax ranging between 5 and 17 per cent on supply of electricity and gas to the non-filer industrial and commercial entities in an attempt to broaden the tax base. The additional taxation on the industrial and commercial entities that did not exist on tax roll — income tax and sales tax — was…
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Pakistan’s position on the world ranking of countries having most mangrove trees in their coastal zones will further improve in the coming months owing to the aggressive plantation campaign by the Sindh government’s Forest Department. “Pakistan at present stands at the seventh position on the world ranking of mangrove forests as in the next two to three months our…
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Water Resources Federal Minister Moonis Elahi visited WAPDA House, therein he was briefed about the development portfolio of WAPDA and the progress achieved so far on water and hydropower projects. Speaking on the occasion, the Federal Minister said that harnessing the water resources is a key to national development. That is why, the Federal Government is constructing water and hydropower…
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Cooperation between Pakistan and Germany has grown considerably in the energy sector, said Federal Minister for Energy Muhammad Hammad Azhar. Talking to German Ambassador Bernhard Schlangheck, the minister appreciated the recent signing of implementation agreement for GIZ Pakistan’s Renewable Energy and Energy Efficiency-II (REEE-II) project worth €8.1 million. “The new Renewable Energy Policy approved by the Council of Common Interests…
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Yesterday Pakistan entered into a 664 Million US$ defence deal with Argentina (Sold 12 JF 17 Block 111) which UK told Pakistan not to do as both UK and Argentina fought for the Faukland Island in the past and according to UK, Argentina doesn’t have any other enemy to use these jets except The UK. The deal was approved today…
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With a summary for increase in price of natural gas by up to 35 per cent on the table, the Cabinet Committee on Energy (CCoE) on Friday approved a flat tariff of Rs12.96 per unit for electricity consumers across the country on additional consumption for four winter months in an effort to promote use of electrical appliances for heating room…
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