Month: June 2022

The government has allowed K-Electric (KE) to recover Quarterly Tariff Adjustment (QTA) of first quarter of FY 2021-22 to the tune of Re 0.57 per unit from KE consumers, in the first three months of next fiscal year, well informed sources told Business Recorder. Under section 31(7) of the Nepra Act, Nepra, in its determinations for Discos of May 9, 2022, has determined periodic adjournment in tariff for the first quarter of FY 2021- 22 for Discos, notified by Nepra on May 31, 2022. In light of this determination, Nepra…

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Overall production of petroleum commodities has witnessed an increase of 0.33pc during the first ten months of fiscal year 2021-22 as compared to corresponding period of fiscal year 2020-21. The Petroleum, Oil and Lubricants (POL) products that showed positive growth include Jet Fuel Oil, the production increased by 27.41pc during the period under review, Pakistan Bureau of Statistics (PBS) reported. During July-April (2021-22), the production of Kerosene Oil, High Speed Diesel, Lubricating Oil, Jute Batching Oil, Solvent Naptha, and other petroleum products witnessing increase of 7.42pc, 0.69pc, 11.73pc, 5.10pc, 8.35pc,…

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The 720 megawatts Karot hydropower plant is now a week away from starting commercial operations after it was put to 168 hours long reliability run test (RTT) on Tuesday. According to Gwadar Pro, RTT is the last test before the commissioning of the project, a senior official of Karot Power Co. told Gwadar Pro. Karot Power is a special-purpose vehicle incorporated in Pakistan for executing the project by China Three Gorges (CTG) South Asia Investment Ltd., a subsidiary of CTG. The test run was launched at 9:30 am on June…

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As the fresh monsoon rains are likely to increase water level of major reservoirs, the Chairman Federal Flood Commission advised on Wednesday all the dams operating authorities to exercise extra vigilance of the reservoirs’ operation. Talking to PTV News, Chairman Federal Flood Commission Ahmed Kamal said that the overall water storage capacity at major reservoirs of the country had reached its lowest points while ‘good monsoon showers’ are expected to improve the situation. He also asked the district administrations to monitor the situation of their respective areas and emphasized upon…

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Capital Development Authority (CDA) would formulate an environmental management plan (EMP) to prevent pollution and environmental degradation in the federal capital. “The plan based on tree plantation, solid waste management and a green waste management will be prepared for the next 30 years,” a senior official of CDA told APP. He said the decision to this effect was came during a meeting of the Islamabad Environment Board, held the other day under the chairmanship of CDA chairman Aamer Ali Ahmed. “The EMP also includes removal of trees having adverse effects…

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