Author: Admin

Consumers to face Rs7.63 per unit additional fuel costs for Feb

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Nepra-KE-1

ISLAMABAD: Flabbergasted by the non-compliance of its orders and the rising fuel costs, the National Electric Power Regulatory Authority (Nepra) on Thursday expressed concern that the impact of fuel costs for February consumption actually meant a Rs7.63 per unit tariff increase, instead of the Rs5 per unit sought by power companies in their petitions.At the same time, the regulator advised the government to restructure its tariff regime, under which industrial sector was paying about Rs8 per unit higher rate to provide about Rs244 billion annual subsidies to domestic consumers.“It is…

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Gulf Nations Eye Purchase of Pakistan’s National Carrier, PIA

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PIA-Airlines

Saudi Arabia, the United Arab Emirates, and Qatar have emerged as prospective purchasers for Pakistan International Airlines (PIA), displaying keen interest in acquiring the country’s flagship carrier. This development unfolds against the backdrop of the Pakistani government’s push to privatize PIA as part of its efforts to tackle financial challenges. Government officials have reportedly engaged in discussions with top-level representatives from these Gulf nations, providing them with comprehensive briefings on the potential acquisition. Insider sources disclose an escalation in communication between authorities from the Gulf region and the Pakistani government…

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Abettors of electricity theft will be given exemplary punishment, warns PM

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Pakistan-Navy

Govt decides to install smart meters on transformers under PSDP n Shehbaz Sharif lauds Pakistan Navy for safeguarding country’s maritime interests n APNS delegation calls on PM n Shehbaz Sharif assures to resolve issues faced by journalist community. ISLAMABAD  –  Prime Minister Shehbaz Sharif Thursday chaired a high level meeting to control electricity theft and directed the con­cerned authorities to take immediate disci­plinary action against the officers besides awarding exemplary punishment for abetting the crime causing loss of billions of dollars. He said, it was their responsibility to create a…

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Work on Suki Kinari power project to be completed in Nov

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Bhasha-Dam

MANSEHRA: Work on the Suki Kinari hydropower project is in full swing and will be completed in November this year, said an official on Thursday. “After Tuesday’s suicide attack on Chinese engineers in Shangla, our workers, including foreigners, continued to perform their duties,” assistant director of the project Syed Abdul Rehman told reporters. He said the 884-megawatt Suki Kinari project was being executed on the Kunhar River in Kaghan Valley under the multibillion-dollar China-Pakistan Economic Corridor initiative. Mr Rehman said it would be the first reservoir in the province to…

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Chinese companies suspend work on Dasu, Diamer-Bhasha dams

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Dasu-Dam

Five Chinese engineers working on the Dasu Dam perished when an explosive-laden vehicle hit their bus PESHAWAR: Chinese companies suspend work on Dasu, Diamer-Bhasha dams 991 Chinese engineers working on both projects have stopped operations. Local staff of both projects have been directed to stay home till further orders. However, the Chinese engineers are still working on the Mohmand Dam in Khyber Pakhtunkhwa. Five Chinese engineers working on the Dasu Dam perished when an explosive-laden vehicle hit the bus they were travelling in on the Karakoram Highway in the Bisham…

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