Day: March 26, 2024

Minister remains steadfast in his commitment to advancing the TAPI project

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Musadik-Malik

Ambassador of Turkmenistan H.E. Atadjan Movlamov called on Federal Minister for Petroleum Dr Musadik Malik in his office today.The ambassador conveyed his felicitations to the minister on assumption of office and commended his dedication.Acknowledging the Ambassador’s warm wishes, Minister Dr Musadik Malik expressed gratitude for the ambassador’s support and pledged to uphold the partnership between both the countries.Dr Musadik remarked that TAPI is a flagship project and Pakistan is committed for its completion. Notably, during his previous stint in office, the project experienced unprecedented momentum, resulting in significant progress and…

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Federal Minister for Power meets WAPDA Chairman

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WAPDA-Chairman

Federal Minister for Power Sardar Owais Ahmed Khan met with WAPDA Chairman Lt. Gen. (Rtd) Sajjad Ghani. In the meeting, there was a detailed discussion on the issues of early completion of the under construction projects of WAPDA. In the meeting, the Federal Minister issued instructions to NTDC for the timely completion of the electricity transmission line projects from WAPDA projects so as to provide cheap electricity to the consumers. Declaration Issuesclear instructions to NTDC that no delay in any project will be tolerated and strict action will be taken…

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PM Shehbaz Sharif to Honor 65 Exporters and Taxpayers in Award Ceremony

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Tax-Payer

Prime Minister Shehbaz Sharif is set to recognize and honor 65 leading exporters and compliant taxpayers in an award ceremony scheduled to take place at the PM Office today. The ceremony will feature the distribution of approximately 40 awards to prominent exporters from sectors such as textile, sports, surgical goods, pharmaceuticals, foods, steel, and others. In the category of compliant taxpayers, awards will be given to individuals and entities who have contributed significantly through income tax payments to companies, Association of Persons (AOPs), and individual taxpayers. The government has also…

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PM Shehbaz Sharif Orders Inter-Ministerial Commission Amid Gas Price Hike

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Gas-tariff

Prime Minister Shehbaz Sharif has expressed concern over recent increases in gas prices. According to sources, the Prime Minister has issued directives to the Ministry of Energy to complete 16 tasks within one to three months. In response to a new proposal for a price hike in gas by SNGPL, the Prime Minister has directed for an assessment of OGRA and gas companies’ performance. The Prime Minister has also instructed for a forensic audit report on the recent gas price hike to be presented within one month. Additionally, he has…

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10 Power Distribution Companies Seek Rs2.765 Trillion Tariff Adjustment for 2024-25

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power-e-unit

Ten power Distribution Companies (Discos) in Pakistan have submitted petitions to the National Electric Power Regulatory Authority (NEPRA) seeking a significant tariff adjustment totaling Rs2.765 trillion for various components of the tariff for the fiscal year 2024-25 under the multi-Year Tariff (MYT) framework. The petitions, filed by companies such as Lahore Electric Supply Company (LESCO), Faisalabad Electric Supply Company (FESCO), Islamabad Electric Supply Company (IESCO), Quetta Electric Supply Company (QESCO), Gujranwala Electric Power Company (GEPCO), Multan Electric Power Company (MEPCO), Tribal Areas Electric Supply Company (TESCO), Sukkur Electric Supply Company,…

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