Month: August 2023

Kakar for expediting ongoing projects

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Anwaar-ul-Haq

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the concerned authorities to work on the ongoing projects on priority and to prepare and present a briefing on the proposed projects. The caretaker premier was given a briefing on the important issues of various ministries. The meeting was informed in detail about the ongoing work on the Panjra Bridge on the Quetta-Sukkur highway and the bridge on the Quetta-Zhob-Shahrah. PM announces Rs10bn grant for Balochistan The meeting was told that the work on the reconstruction of the Panjra Bridge which was…

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Recovery of Rs24.5bn from KE consumers: Govt seeks to impose Rs1.52/unit surcharge

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k-electric

ISLAMABAD: The federal government seeks to impose Rs1.52 per unit surcharge on K-Electric (KE) to recover Rs24.5 billion. As soon as the public hearing regarding the motion of the federal government with respect to the recommendation of consumer end tariff for K-Electric started at National Electric Power Regulatory Authority (Nepra), some members expressed reservations about the performance of the Power Division. Some members questioned how the National Electricity Policy 2021 can be enforced in the back years of 2019-20 to impose Rs1.52 per unit surcharge on the KE tariff to…

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Independence Day Gift: Get Ready for Another Big Increase in Petrol Prices

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Petroleum-prices

Fuel prices in Pakistan are likely to see an upward revision starting August 16 as the caretaker government is all set to announce an increase of up to Rs. 20. Pakistan is celebrating its 77th Independence Day today, but the news of another massive increase in prices of fuel is set to break the spirits of average Pakistanis. Petrol prices are likely to increase by Rs. 15 while diesel could see a revision of Rs. 20. The reason behind the price hike is said to be an increase in crude…

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PRL says Russian crude ‘technically, commercially feasible’

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PRL-eyes

KARACHI: The Pakistan Refinery Limited (PRL) has said that it would again process Russian crude “when available at favourable commercial terms”, denying the impression that it has suspended the use of Russian crude oil because of processing issues. In a release on Sunday, the refinery insisted that Russian crude was successfully processed and the “spot deal was technically and commercially feasible”.

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SSGC board gets six new members

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ssgc-ae

ISLAMABAD: The coalition government headed by former prime minister Shehbaz Sharif in its last week reconstituted the board of directors (BoDs) of Sui Southern Gas Company (SSGC) by adding six new independent members. However, Dr Shamshad Akhter will continue to serve as chairperson of the board, a senior official of the Ministry of Energy told ‘The News’. According to the details, the petroleum division has included in the board six new independent directors including Talha Ahmad Khan, Umar Zafarullah, Sahabzada Riffat Rauf Ali, Rizwan Allah Khan, Khalid Rehman, and Mohammad…

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