Sindh govt plans to induct 180 electric buses on BRTs feeder routes


KARACHI (Dec 8): The Sindh government has decided to induct 180 electric buses -to be powered by solar energy- on the feeders of the BRTs so that cleaner and more efficient public transportation solutions could be established in addition to bringing an end to the operational subsidy. This was disclosed in a meeting held between Sindh Chief Minister Justice (retd)…

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Pakistan Stock Exchange Honors Top 25 Companies for Excellence in 2022


In a prestigious event, the Pakistan Stock Exchange (PSX) recently unveiled the winners of the highly anticipated Top 25 Companies Awards for the year 2022. The awards celebrate businesses that have demonstrated outstanding financial performance, operational excellence, and a commitment to sustainability and ESG initiatives.The Top 25 Companies Awards highlight PSX’s commitment to steering listed companies toward financial growth while…

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OGDCL Achieves Another Major Gas Condensate Discovery at Dars West Well #02 in Sindh


ISLAMABAD, December 08, 2023: As a result of the aggressive exploration strategy, the Oil & Gas Development Company Limited (OGDCL) has successfully discovered gas and condensate at Dars West Well #02, located in the Tando Allah Yar district of Sindh province.The exploratory efforts at Dars West Well #02, part of the Dars West Development and Production Lease Joint Venture, were…

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SNGPL seeks significant security deposit increase for gas consumers


The suggested hike could raise the security deposit for RLNG consumers to Rs50,000, up from the current Rs15,000 for those using over 1.67 cubic meters of gas per month ISLAMABAD: The Sui Northern Gas Company Limited (SNGPL) has requested a significant security deposit increase for domestic gas consumers in a proposal submitted to the Oil and Gas Regulatory Authority (Ogra).…

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Conversion of plant to Thar coal: JPCL CEO asks PD to take informed decision


ISLAMABAD: Chief Executive Officer (CEO), Jamshoro Power Company Limited (JPCL) has asked Power Division to take informed decision on conversion of plant from imported coal to Thar coal with specific consideration on environmental impacts, and financial close of the conversion option. CEO, JPCL, Tanzil Rahim, in a letter to Power Division stated that he has been directed and authorized by…

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LSG Hydro Power Project: Nepra weighs up grant of concurrence application filed by Korean co


ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) conducted a public hearing to deliberate the grant of concurrence application submitted by Korean firm M/s LSG Hydro Power Limited. The company is seeking NEPRA’s approval for the concurrence and compliance of technical standards for the Lower Spat Gah Hydro Power Project, along with proposing the determination of the power purchaser at…

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PM urges business community to take advantage of SIFC


KARACHI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Thursday, reiterating the government’s commitment to provide a conducive environment and streamlining regulations, urged the local business community to take advantage of the Special Investment Facilitation Council (SIFC). The prime minister, addressing the ceremony for distribution of Pakistan Stock Exchange (PSX) Awards to top 25 companies of the country for the year 2022,…

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Proud moment for Pakistan: Fatima Fertilizer’s ‘Salam Kissan’ Campaign wins big at the DRUM Awards


With this achievement, Fatima Fertilizer continues to lead the way in agricultural progress With its innovative “Salam Kissan” campaign, Fatima Fertilizer has once again earned international acclaim and won the prestigious Drum Award 2023 in London, in the category, “Social Purpose: Social Media ”. With the slogan “Life without Kissan (Farmers),” the campaign aimed to illustrate the reality of a world without…

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Power sector management proposal opposed


Finance ministry terms proposal in violation of SIFC decision ISLAMABAD: The finance ministry has not supported an official proposal to appoint senior armed forces officers as heads of new Performance Management Units (PMUs) in the rotten power distribution companies to improve their management. But the finance ministry backed the original decision of the Special Investment Facilitation Council (SIFC) to give…

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SNGPL discovers 1500-metre-long illegal pipeline in Islamabad’s Kangota Syedan


RAWALPINDI: Sui Northern Gas Pipeline’s (SNGPL) task force continued the crackdown on gas theft in Islamabad and discovered a 1500-metre-long illegal gas pipeline from Japan Road village, Kangota Syedan. A spokesman for the SNGPL said on Thursday that the Federal Investigation Agency (FIA) has started legal proceedings against those involved in the laying of illegal gas networks. While sharing the…

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