Year: 2022

Ambassador of Kingdom of Saudi Arabia to Pakistan H.E Nawaf bin Saeed Al-Malki called on Federal minister for power Engr. Khurram Dastgir Khan here today. Minister for power appreciated the deep long standing friendly relations between both the countries. The present government’s solar initiative is a huge opportunity for Saudi investment, the Saudi companies are welcomed in this regard, remarked the minister. H.E ambassador said that Pakistan has immense potential and must be rebranded on globally. Business community of Pakistan needs to explore the Saudi market. The Saudi government is…

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K-Electric’s existing owners have confirmed that they are the majority shareholders in the integrated power company, which is available for sale for the past six years, and that China’s Shanghai Electric Power is a top potential buyer. They reaffirmed their stance in the wake of conflicting reports in the media that one of the three major shareholders had sold its stake to a new investor. With the assertion, the consortium of Aljomaih Power Limited of Saudi Arabia, National Industries Group (Holding) of Kuwait and Infrastructure Growth Capital Fund (IGCF) has…

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Under the ongoing bureaucratic shake-up in the Energy Ministry, the Petroleum Division has now got three new officials, one as an in-charge and two as joint secretaries The government has also made OSD (officials on special duty) two joint secretaries of the Secretariat Group–JS Development Syed Zakaria Ali Shah, BS-20, and JS Admin Ms Saira Najeeb, BS-20. This development took place on Tuesday (October 17). The notification reads, “Both officers have been asked to report to the Establishment Division.” In their places, Captain (retd) Muhammad Anwar-ul-Haq, a BS-19 officer of…

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“The 11th edition of IDEAS scheduled from 15 – 18 November 2022 at Karachi Expo Centre (KEC) will significantly contribute towards fostering and promoting Pakistan’s strategic relations with international fraternity and would serve to achieve the shared objectives of global peace, stability and balance”, stated Syed Murad Ali Shah, Chief Minister of Sindh while chairing the 3rd Steering Committee Meeting held at Chief Minister Sindh Secretariat on Wednesday. He added that hosting IDEAS is a testimony to our pledge for encouraging technological growth and exchange in the region. Towards the end of first…

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In a bid to stem the line losses and put an end to corruption in the power sector, the federal cabinet on Tuesday approved drastic measures, including installation of advanced metering infrastructure and low-cost solar energy projects, to overhaul the existing electricity generation and distribution system. A meeting of the cabinet, presided over by Prime Minister Shehbaz Sharif, also approved steps to complete the ongoing census exercise, provide seeds to farmers for the wheat crop in collaboration with provinces, besides appointments in power distribution companies (Discos), and action against corrupt…

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