Month: July 2024

$5 Billion Investment Announced for Pakistan’s Oil and Gas SectorLocal and International Firms Brief PM Shehbaz on 3-Year Exploration Plan240 Potential Sites to be ExcavatedCommittee Led by Ishaq Dar to Formulate New Policy

Admin
Ishaq-Dar

ISLAMABAD: Local and international firms have pledged a $5 billion investment in Pakistan’s oil and gas exploration and production (E&P) sector over the next three years. This announcement was made during a meeting chaired by Prime Minister Shehbaz Sharif at PM House on Saturday. A delegation from the oil and gas sector informed the Prime Minister that the investment will be used to explore around 240 potential reserve sites within the next three years. In response, PM Shehbaz constituted a committee led by Deputy Prime Minister Ishaq Dar. This committee,…

Read More

Interior Minister Orders FIA to Address Overbilling of Lifeline Power UsersSwift Legal Action Demanded Against Responsible Officers and StaffImmediate Redressal for Consumers Using Up to 200 Units

Admin
free-power

LAHORE / RAWALPINDI: Responding to increasing complaints of overbilling from protected electricity consumers, Minister for Interior and Narcotics Control Mohsin Naqvi has ordered immediate legal action against the officers and staff involved in this malpractice. In a press release issued on Sunday, the minister directed all FIA directors to address the injustices faced by electricity consumers using up to 200 units. He emphasized that categorizing protected consumers as non-protected is a criminal act that will not be tolerated. Mr. Naqvi highlighted that overbilling has imposed an additional financial burden of…

Read More

Gepco and Mepco Under Fire for Circuit Breaker Purchases from Blacklisted Firms Engineers Highlight Misconduct in Gepco and Mepco PurchasesMinistry Demands Reports from Distribution Companies

Admin
power-fleet

LAHORE: The Ministry of Energy has expressed concern over the procurement of 132kV circuit breakers worth millions of rupees by distribution companies (Discos) from blacklisted firms via local suppliers. The ministry has directed all Discos to submit detailed reports on these transactions. This directive follows formal complaints from engineering associations within Gujranwala Electric Power Company (Gepco) and Multan Electric Power Company (Mepco). The complaints highlighted significant issues with these purchases, as reported by Dawn. An anonymous official condemned Gepco and Mepco for issuing purchase orders to local firms that procure…

Read More

Haier launches groundbreaking CSR campaign aimed at empowering talented students

Admin

Haier launches groundbreaking CSR campaign July 24, 2024 In a world where access to education can often be a barrier to success, Haier is stepping up to make a difference. With a firm belief in the power of education to transform lives, Haier launched a groundbreaking CSR campaign aimed at empowering talented students with limited resources to reach their full potential. The concept is simple yet profound: Haier will sponsor the education of deserving students at Punjab University, providing them with the opportunity to pursue their dreams without the burden…

Read More