Islamabad, March 28,2025 Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting with His Excellency Jakob Linulf, the Ambassador of Denmark to Pakistan, today at the Petroleum Division. The discussions focused on enhancing bilateral cooperation in the energy sector, with special emphasis on mining sector and technological collaboration. The meeting highlighted the critical role of Danish expertise in Pakistan’s mining and mineral development sector. In particular, the contributions of FLSmidth, a global leader in sustainable mining technology and equipment, were recognized for their potential to modernize Pakistan’s mining operations.…
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“FPCCI Urges Govt to Take Business Community into Confidence in Policymaking”
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has emphasized the need for the government to take the business community into confidence while making economic policies. This move is aimed at promoting transparency and consultation in policymaking, ultimately benefiting the entire business, industry, and trade community of Pakistan ¹. FPCCI President has questioned the government’s seriousness in bringing transparency and consultation into economic policymaking. The business community wants to lend its support to the government in preparing a strategy to address economic problems ². To achieve this, the…
Read More“Govt to Unveil National Minerals Harmonisation Framework on April 8”
The government of Pakistan is set to unveil the National Minerals Harmonisation Framework on April 8, aimed at streamlining the country’s mineral sector and promoting investment. The framework is designed to harmonize the legal, regulatory, and institutional frameworks governing the mineral sector, ensuring a more conducive environment for exploration, extraction, and trade of minerals. The unveiling of the framework is expected to take place at a ceremony to be attended by key stakeholders, including federal and provincial governments, mining industry representatives, and international organizations. The National Minerals Harmonisation Framework is…
Read More“NEPRA to Hear KAPCO’s Tariff Revision Plea Next Month”
The National Electric Power Regulatory Authority (NEPRA) is set to hear the tariff revision plea of Kot Addu Power Company (KAPCO) next month. This development is significant, as it may impact the power tariff for consumers. KAPCO’s plea for tariff revision is likely to be scrutinized by NEPRA, which will consider various factors, including the company’s operational costs, efficiency, and investment plans. The regulatory authority may also take into account the impact of the tariff revision on consumers and the overall power sector ¹. NEPRA’s decision on KAPCO’s tariff revision…
Read MoreGovt Claims Rs35 Trillion Saved Through Revised Power Deals
The government of Pakistan claims to have saved a significant amount of Rs35 trillion through revised power deals. This development comes as a result of the government’s efforts to renegotiate power purchase agreements with independent power producers (IPPs). The revised deals aim to reduce the financial burden on the country’s power sector, which has been struggling with circular debt and other financial challenges. The government’s move is expected to have a positive impact on the economy and help reduce the cost of electricity for consumers. However, some critics argue that…
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