Year: 2025

CM Murad reviews $1.319bn ADB-assisted projects, orders faster execution of BRT Red LineADP portfolio shows 67% contract awards, 38% cumulative disbursement

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New-Project104

KARACHI (Dec 24): Sindh Chief Minister Syed Murad Ali Shah presided over a high-level meeting to review the Asian Development Bank’s (ADB) portfolio in Sindh as of December 2025, expressing satisfaction over the scale of ongoing development cooperation while calling for faster implementation and improved disbursement. The meeting, held at CM House, was attended by Provincial Ministers, Dr Azra Fazal Pechuho, Syed Sardar Shah, Jam Khan Shoro, Zulfiqar Shah, CM’s Special Assistant on Public Health Saleem Baloch, PSCM Agha Wasif, Chairman P&D Najam Shah, SMBR Khalid Hyder Shah. The Chief…

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Government Committed to Inclusive Growth and Interfaith Harmony, Says Ali Pervaiz Malik

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New-Project103

Islamabad: December 24,2025 Federal Minister Ali Pervaiz Malik graced Christmas Celebrations today as chief guest and reaffirmed Commitment to Inclusivity and Interfaith Harmony. Oil & Gas Development Company (OGDC) organized a special event to celebrate Christmas, bringing together Christian employees from the Petroleum Division, OGDC, Pakistan Petroleum Limited (PPL), Government Holdings (Private) Limited (GHPL), and Pakistan LNG Limited (PLL). Addressing the gathering, the Federal Minister appreciated the dedication and hard work of the workforce that serves the country day and night. He stated that the Christian members of the petroleum…

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Unity Foods appoints Amir Shehzad as new CEO in planned leadership transition

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New-Project102

Unity Foods Limited has announced the appointment of Amir Shehzad as the new Chief Executive Officer, marking a carefully planned leadership transition undertaken with the full support and cooperation of Wilmar International. The transition underscores the Company’s continued commitment to strong governance, operational stability, and long-term value creation.As part of this transition, Farrukh Amin has stepped down as Chief Executive Officer and assumed the role of Non-Executive Director on the Board. In this capacity, he will continue to contribute to Unity Foods’ strategic direction and growth, ensuring continuity and institutional…

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IPP Payables Surge to Rs1.2 Trillion, Rs500bn Owed to Chinese Power Producers

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Power-sector

ISLAMABAD: Outstanding payments to Independent Power Producers (IPPs) in Pakistan have reached Rs1.2 trillion, including around Rs500 billion payable to Chinese power companies, officials revealed on Wednesday during a public hearing held by the National Electric Power Regulatory Authority (Nepra). The hearing, chaired by Nepra Chairman Waseem Mukhtar, was convened to review a petition filed by the Central Power Purchasing Agency–Guarantee (CPPA-G) seeking approval of its market operator fee for the fiscal year 2025–26. CPPA-G has sought revenue requirements of Rs2.887 billion, excluding prior-year adjustments, which rise to Rs4.664 billion…

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PID Appreciates Fesco for Timely Clearance of Advertising Dues

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New-PID

FAISALABAD: The Press Information Department (PID) of the Ministry of Information and Broadcasting has praised the Faisalabad Electric Supply Company (Fesco) for the prompt settlement and clearance of its advertising dues during the fiscal year 2024–25. According to a special letter issued by PID, the department commended Fesco for ensuring timely payment of advertising liabilities in line with prescribed procedures. The letter specifically acknowledged the leadership and efforts of Fesco Chief Executive Officer Engr Muhammad Aamer, Director Public Relations Saeed Raza, and the Public Relations Directorate for maintaining compliance within…

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