Home Made Machinery

The government has launched an ambitious plan for transformation of the agriculture sector. It has embarked upon a short-term plan for the growth of agriculture sector, whereas long-term perspective plan is underway. Several measures have been adapted in this context. The State Bank of Pakistan has set the agriculture credit target of Rs1.7 trillion for the year 2022-23. Farm modernisation…

Read More

How Indonesia, the world’s top thermal coal exporter, hit a supply crunch

Indonesia, the world’s biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low coal supplies at domestic power plants. Indonesia, the world’s biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low…

Read More

Commodities 2022: Asia’s oil demand revival seen resilient, OPEC+ response key

Asia’s oil demand may finally be on a sustained upward trend after a long period of uneven growth, with consumption in China and India looking increasingly resilient, but how OPEC+ members plan their supply response will be crucial in supporting this recovery. As we leave the worse days of the pandemic behind, the oil and gas market is already on…

Read More

Tax exemptions: Two AJK hydropower projects concerned at proposed withdrawal

Two hydropower projects of cumulative capacity of 1824.7MW being established in Azad Jammu and Kashmir (AJ&K) have raised serious concerns on proposed withdrawal of tax exemptions including imposition of 17 percent GST on import equipment and machinery. Li Xiaotao, Chief Executive Officer, Azad Pattan Hydropower Project and Zhang Jun CEO/Team Leader Kohala Hydropower Project have written letters to Special Assistant…

Read More

Murunj Dam to generate 12 MW cheap electricity

Murunj Dam Project to be constructed on Kaha Nullah, 116 km west of Rajanpur would generate 12 megawatt (MW) cheap and environmental-friendly electricity, while having the gross water storage of 800,000 acre feet. Kaha Nullah is one of the largest hill torrents of the Koh-i-Sulaiman Range located in the vicinity of Rajanpur with average annual inflows of 183,000 acre feet.…

Read More

FESCO to spend Rs6.1 billion for purchasing new transformers, electric poles, wires

FESCO’s Board of Directors (BoD) has approved the purchase of new transformers, electricity poles, wires and other gadgets with an estimated cost of Rs 6.1 billion to improve power transmission and  distribution system of the company. A spokesman for the Faisalabad Electric Supply Company (FESCO) said on Sunday the company had so far purchased 8200 new transformers, 8350 kilometers conductors…

Read More

Forgotten SOPs for traffic and snow clearance led to disaster

Detailed SOPs framed and implemented for many years for the traffic and snow clearance arrangements in Murree during the winter season seem to have been ignored by the Buzdar government. A copy of the nine-page SOPs, issued during the last government, envisaged a comprehensive joint action plan of all departments concerned with detailed mechanisms to ensure snow clearance and smooth…

Read More