Day: January 5, 2024

OGDCL to Support Establishment of 45 Mammography Camps, Procure Radiation Machine for Cancer Treatment

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csr

OGDCL to Support Establishment of 45 Mammography Camps June 24, 2024 ISLAMABAD, January 05, 2024: While demonstrating unwavering commitment to healthcare, the Oil & Gas Development Company Limited (OGDCL) has made a significant donation to the Cancer Care Hospital & Research Centre for the establishment of 45 free Mammography camps in its operational areas. Additionally, the company’s support includes the procurement of a cutting-edge radiation machine for treating cancer patients nationwide, with a particular focus on its operational districts.Cancer remains a significant health challenge in Pakistan, and OGDCL recognizes the…

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Government of Pakistan and Karachi Electric (KE) Ink Agreements Providing Energy Security for Karachi

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In a landmark moment for the power sector, the Government of Pakistan and KE reached a significant milestone by signing various agreements underpinning Karachi’s energy security. The signing ceremony took place at the Energy Division on Friday and resolved long-standing disputes between the Government and KE, with foremost among these being regarding formalizing and securing a firm supply of power from the National Grid to Karachi up to the interconnection capacity. The agreements were signed by Government of Pakistan through its representative bodies in the presence of Mr. Muhammad Ali,…

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Hydropower, transmission: Major projects face rupee cover issue

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Karot-Hydropower

ISLAMABAD: Major hydropower and transmission line projects are reportedly facing Rupee cover issues due to less allocation in the Public Sector Development Project (PSDP) 2023-24, well informed sources in Ministry of Water Resources told Business Recorder. During discussion on Dasu Hydropower Project (phase-1) at a recent meeting on World Bank funded projects, Chairman Wapda stated that the project faced some initial delays but it is on track now. The implementation of the project is in full swing and disbursement of $ 157m is planned by end June 2024. Constraints were being…

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Price of gas to Fatima, Agritech: Ministry seeks ECC’s approval for upward revision

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ISLAMABAD: The Ministry of Energy has sought the approval of the Economic Coordination Committee (ECC) of the Cabinet to revise upward the price of indigenous gas supply to Fatima Fertilizer and Agritech to Rs1,238.68/MMBtu following the Determination of the Estimated Revenue Requirement (DERR) by the OGRA for the fiscal year 2023-24. Sources in the Finance Ministry said that the Ministry of Energy in a summary stated that the ECC in March 2023 directed the Petroleum Division to provide indigenous gas to Fatima Fertilizer (Sheikhupura) and Agritech (Mianwali) plants on the…

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SSGC suspends gas supply for two days

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SSGC

KARACHI: While continuously facing a gas shortage in the system, Sui Southern Gas Company Ltd (SSGCL) on Friday announced a supply suspension for 48 hours for industries starting from Jan 6 (8:00 am) to Jan 8. SSGCL said the availability of gas has decreased, resulting in the depletion of line packs, causing low pressures in the system. All industries including their power generation units and all CNG stations in Sindh (including those being operated on RLNG) will remain closed for 48 hours, according to a press release issued by the…

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