Makhdoom Hashim Javan Bakht, Punjab’s finance minister, on Thursday assured All Pakistan Textile Mills Associations (APTMA) for pursuing issue of gas shortage to the export industry with the federal government. He was talking to a APTMA delegation led by central chairman Abdul Rahim Nasir and other office-bearers. The minister assured the delegation of full support from the provincial government to make the export industry operate on its ‘full bloom’ and to make gas available to them to continue their business activities. “Punjab will leave no stone unturned in supporting smooth…
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Gas crisis to hit GDP growth
Industrialists have voiced fear that the ongoing gas crisis will deal a lethal blow to the country’s gross domestic product (GDP) growth, bring down export orders and increase the cost of production for the business community. In a statement on Thursday, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Nasser Hyatt Maggo stated that the failure of the government to provide gas to the industry would result in mammoth losses to the country as well as the business community. “The industrial base is losing its productivity and export orders…
Read MoreAir quality monitoring stations proposed for major cities in KP
The Provincial Disaster Management Authority (PDMA) has prepared the Khyber Pakhtunkhwa Winter Contingency Plan calling for the establishment of air quality monitoring stations in major cities of the province. According to the PDMA, the initiative is meant to assess preparedness at provincial and district levels to handle emergency situations. A report carrying details of the contingency plan has declared snowfall, low temperature, fog and smog, landslides and heavy rainfalls as major winter hazards in the province. According to it, Peshawar, Charsadda, Mardan, Nowshera, Swabi, Lakki Marwat and Dera Ismail Khan…
Read MoreK-Electric seeks Rs5.5 per unit hike in power tariff
The K-Electric, the sole power utility in Karachi, on Thursday submitted a request to the National Electric Power Regulatory Authority (Nepra) seeking a hike of Rs5.50 in tariff under fuel adjustment charges. According to the request, the power utility has requested an increase of Rs5.18 for July to September 2021, and rupee 0.32 for November. The national power regulator will take up the KE’s plea for a hearing on Jan 3, 2022. Under the tariff mechanism, changes in fuel cost are passed on to consumers only on monthly basis through…
Read MoreSindh governor assures CNG dealers of crisis resolution
Sindh Governor Imran Ismail on Thursday assured a delegation of compressed natural gas (CNG) dealers for taking up the issue of pump closures and their proposals relating to smart load management during his meeting with Prime Minister Imran Khan in Islamabad on Friday. During a meeting with a four-member delegation of the CNG Association at the Governor House, the governor said all the problems and issues of CNG stakeholders would be resolved on a priority basis. The CNG dealers had expressed reservations over the lingering gas crisis and handed over…
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