Month: June 2024

Petrol Prices Expected to Drop by Rs9

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Petrol-price

ISLAMABAD: In response to lower international oil prices, the government is anticipated to reduce petrol and high-speed diesel (HSD) rates in its upcoming fortnightly price review on June 15. Petrol prices are expected to decrease by about Rs9 per liter, while HSD rates might drop by Rs5 per liter. Sources indicate that international prices for petrol and HSD have fallen by approximately $3.75 and $2.7 per barrel, respectively, over the past two weeks. This follows a previous reduction of around $12 and $8 per barrel for petrol and HSD, respectively,…

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500 MW Floating Solar Energy Project To Be Setup At Keenjhar LakeGO Energy and Sindh Transmission & Dispatch Company (STDC) sign MoU

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mou

Karachi 13 June 2024: GO Energy and Sindh Transmission & Dispatch Company (STDC) today signed a MoU for the transmission evacuation of a 500 MW Floating Solar Project at Keenjhar Lake, Sindh, Pakistan. The Honourable Syed Nasir Hussain Shah, Minister for Energy, Government of Sindh was the Chief Guest at the signing ceremony held in Karachi today. Other dignitaries present at the occasion included Mr. Musaddiq Ali Khan, Secretary Energy, Government of Sindh, Mr. M. Saleem Shaikh, CEO Sindh Transmission & Dispatch Company, Mr. Ammar Ali, CEO, GO Energy &…

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Dargai Rehabilitation Project: WAPDA awards Rs. 10.6 billion contract for civil, electro-mechanical works

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Dargai-Hydel

June 13, 2024: WAPDA awarded the contract for civil and electro-mechanical works for rehabilitation of Dargai Hydel Power Station worth Rs. 10.6 billion to a Joint Venture (JV), comprising two Chinese and a Pakistani firm.   General Manager (Hydel Development) WAPDA Ihsan Ullah and authorized representative of the JV Nabeel Tahir signed the contract on behalf of their organizations. Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd), Member (Power) WAPDA Jamil Akhtar, WAPDA officers, representatives of AFD, the consultants and the contractors were also present in the contract signing ceremony. …

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OGDCL Celebrates Victory in President’s Trophy Grade-II as its Cricket Team Qualifies for First-Class Cricket

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New-OGDCL

ISLAMABAD, June 13, 2024: Oil and Gas Development Company Limited (OGDCL) on Thursday celebrated its cricket team’s victory in the President’s Trophy Grade-II 2023-24. The OGDCL cricket team has won the President’s Trophy Grade-II 2023-24 and qualified for first-class cricket. In the final four-day match, played at Abbottabad Cricket Stadium, OGDCL defeated Eshaal Associates.OGDCL organized a special event at its head office in Islamabad to celebrate the victory and honor the cricket team’s outstanding achievement. The event was attended by the company’s senior management, employees, and the victorious cricket team.…

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A delegation from US Treasury Department meets Minister for Power Awais Leghari

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US-Treasury

A delegation of the US Department of Treasury met Federal Minister for Power Sardar Awais Leghari. The US delegation was led by Assistant Secretary Brent Neiman. The meeting aimed to explore potential collaborations in the energy sector. Federal Minister for Power Sardar Awais Leghari said that the reform plan has been made to remove the deficiencies in the power sector. The purpose of these reforms is to improve the energy mix of Pakistan and eliminate other deficiencies of the power sector. The Minister informed the Secretary that reforms are being…

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