Year: 2022

NEPRA RECOMMENDS HIKE IN ELECTRICITY PRICES

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National Electric Power Regulatory Authority (NEPRA) has increased electricity prices in the country and conveyed the decision to the federal government for a final nod, ARY NEWS reported. According to details, the power authority has sent the decision to raise the power tariff by Rs0.95 per unit to the government and clarified that it would be implemented after a notification is issued. According to the NEPRA recommendation, the basic power tariff has been raised to Rs0.53 per unit besides also a hike for separate power consumption slabs. National Electric Power…

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India’s Russian coal imports could be highest in over two years in March

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India’s coal imports from Russia in March could be the highest in more than two years, data from research consultancies showed, as Indian buyers continue buying the fuel from a market that is now increasingly isolated by sanctions. Vessels carrying at least 1.06 million tonnes of coking coal, mainly used for steelmaking, and thermal coal, used primarily for electricity generation, are set to deliver the fuel at Indian ports in March, the highest since January 2020, data from consultancy Kpler showed. Russia, usually India’s sixth largest supplier of coking and…

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Approves cut in power prices by Rs5 per unit

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The Economic Coordination Committee (ECC) of the federal cabinet has approved to implement a mechanism of fortnightly reimbursement of price differential claims (PDCs) of the oil marketing companies (OMCs) and refineries in order to avert shortage of petroleum products.Federal Minister for Finance and Revenue Shaukat Tarin presided over the ECC meeting on Monday.The Ministry of Energy (Petroleum Division) submitted the summary on reimbursement of PDCs of the OMCs and refineries, in line with the PM relief package of reduction in the consumer prices of motor spirit and diesel by Rs10…

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PIA gets operating licenses for another 2 Chinese stations

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Pakistan International Airlines (PIA) has been granted two more operating licences by Chinese authorities for Guangzhou and Xian in addition to Beijing.PIA Country Manager Qadir Bux Sangi said on Sunday that PIA has also got approval from the Chinese authorities to operate chartered cargo flights for Kunming and Shenzhen while approval for Xinjiang is under process and hopefully, PIA will get its approval next month.He expressed the confidence that the chartered cargo flights to different Chinese cities would help further enhance trade and economic activities between Pakistan and China.He said…

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China helps Pakistan to enhance nanotechnology use in agriculture sector

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China is extending cooperation with Pakistan in enhancing the use of nanotechnology in the agriculture sector, WealthPK reported on Sunday.High-efficacy agriculture will be aided by nanotechnology, which will put conventional agriculture on the path to high-quality connotative development.It can effectively support farmers’ increased output and income while also addressing issues such as abandoned farms and the negative consequences of pesticide and fertilizer overuse.“We tend to extend this achievement to our iron-brother Pakistan,” Dr Wu Zhiguo, Director of Gansu Academy of Sciences’ Nano Application Technology Research Office, said in a video…

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