Load shedding in Karachi to reduce ‘within 24 hours’: govt

The Sindh government on Wednesday announced a reduction in power outages “within 24 hours”. This was announced by Sindh Minister for Energy Imtiaz Sheikh and provincial minister Saeed Ghani during a press conference fowling their meeting with K-Electric (KE) officials in Karachi. Terming the situation “extremely bad”, Imtiaz said that KE – the sole power distribution company in the metropolis…

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Govt undoes relief to salaried class; slaps Rs 50/litre fuel levy


Giving legal effect to the budgetary proposals for the next fiscal year, the National Assembly Wednesday approved the Finance Bill 2022-23. All amendments were moved by Minister of State for Finance and Revenue Dr Aisha Ghous Pasha. The House proceedings commenced after around two-hour delay with Speaker Raja Pervez Ashraf in the chair. The House also approved an amendment to…

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Karot hydropower project put into full commercial operation

Karot Hydropower Project, the first hydropower investment project under China-Pakistan Economic Corridor (CPEC) invested and developed by China Three Gorges Corporation(CTG), was put into full commercial operation on 29th June 2022. The Karot HPP COD Ceremony was held at Power House yesterday to inaugrate the commercial operation. At the ceremony, Dr. Munawar Iqbal, Acting Managing Director, Private Power and Infrastructure Board…

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