Author: Admin

Dr Musadik Malik and Martin Raiser discuss the progress on projects, commits for continued engagement

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New-Project2

January 24, 2025 — Dr. Musadik Malik, Federal Minister for Water Resources met today with Martin Raiser, World Bank’s Vice President for South Asia, to engage in comprehensive discussions aimed at deepening cooperation and advancing development initiatives. The meeting, held in Islamabad, underscored the mutual commitment to fostering strong economic relationships and addressing shared challenges such as energy security. Both leaders emphasized the significance of collaborative efforts in driving transformative projects. Dr. Malik expressed appreciation for the World Bank’s continued support in critical development projects in energy, infrastructure, social sectors,…

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Awais Leghari for installation of smart meters at Distribution Level Transformers by World Bank for Transparency & just load-management

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New-Project25

7% increase in industrial electricity consumption in December 24 due to Bijli Sahulat Package : Awais Leghari Federal Minister for Power Sardar Awais Ahmed Khan Leghari has urged the World Bank for provision of funds and investment for installation of Smart Meters at Distribution Level Transformers in order to bring transparency and cater for unjust load-management due to losses at micro level. The Federal Minister was talking to visiting World Bank Vice President for South Asian Region Mr. Martin Raiser who met him here alongwith a delegation today. Federal Minister…

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TDAP CEO Zubair Motiwala Steps Down to Focus on Business

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Zubair-Motiwala

KARACHI: Zubair Motiwala, Chief Executive of the Trade Development Authority of Pakistan (TDAP), has resigned from his position, citing personal reasons. Speaking to The News on Thursday, Motiwala confirmed his decision, stating, “I resigned to focus fully on my own business.” A renowned textile industrialist and exporter, Motiwala has held several prominent roles, including President of the Karachi Chamber of Commerce and Industry (KCCI), Chairperson of the SITE Association of Industry, and Chairperson of the Board of Investment, Sindh. His resignation marks the end of his tenure leading TDAP, where…

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PPL Increases Gas Output at Shahdad X-1 Well in Sindh

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New-PPL

KARACHI: Pakistan Petroleum Limited (PPL) has significantly boosted natural gas production at its Shahdad X-1 well in the Gambat South Block, Sanghar District, Sindh, following a successful water shut-off operation. According to a notice submitted to the Pakistan Stock Exchange (PSX) on Thursday, gas production at the well has surged from 2.2 million standard cubic feet per day (mmscfd) to 8.4 mmscfd. Simultaneously, water production has dropped dramatically from 3,000 barrels per day (bpd) to just 26 bpd. The Shahdad X-1 well, drilled in 2012 and operational since 2015, originally…

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Energy Ministry Spends Billions on Free Electricity for Employees

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power-tariff

ISLAMABAD: Official documents presented in the National Assembly on Thursday revealed that the Energy Ministry spends billions of rupees annually on providing free electricity to over 200,000 current and retired employees. The records disclosed that these employees collectively consume 441.5 million units of electricity free of charge each year. Of this, 308.2 million units are allocated to serving employees, while 133.2 million units benefit retired staff. The majority of beneficiaries are employees of Distribution Companies (DISCOs), with 149,000 individuals—78,000 active and 71,800 retired—receiving free electricity. This is followed by 20,000…

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