Category: Highlights

June 13, 2024: WAPDA awarded the contract for civil and electro-mechanical works for rehabilitation of Dargai Hydel Power Station worth Rs. 10.6 billion to a Joint Venture (JV), comprising two Chinese and a Pakistani firm.   General Manager (Hydel Development) WAPDA Ihsan Ullah and authorized representative of the JV Nabeel Tahir signed the contract on behalf of their organizations. Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd), Member (Power) WAPDA Jamil Akhtar, WAPDA officers, representatives of AFD, the consultants and the contractors were also present in the contract signing ceremony. …

Read More

ISLAMABAD, June 13, 2024: Oil and Gas Development Company Limited (OGDCL) on Thursday celebrated its cricket team’s victory in the President’s Trophy Grade-II 2023-24. The OGDCL cricket team has won the President’s Trophy Grade-II 2023-24 and qualified for first-class cricket. In the final four-day match, played at Abbottabad Cricket Stadium, OGDCL defeated Eshaal Associates.OGDCL organized a special event at its head office in Islamabad to celebrate the victory and honor the cricket team’s outstanding achievement. The event was attended by the company’s senior management, employees, and the victorious cricket team.…

Read More

A delegation of the US Department of Treasury met Federal Minister for Power Sardar Awais Leghari. The US delegation was led by Assistant Secretary Brent Neiman. The meeting aimed to explore potential collaborations in the energy sector. Federal Minister for Power Sardar Awais Leghari said that the reform plan has been made to remove the deficiencies in the power sector. The purpose of these reforms is to improve the energy mix of Pakistan and eliminate other deficiencies of the power sector. The Minister informed the Secretary that reforms are being…

Read More

KARACHI/ISLAMABAD/LAHORE: Businessmen and industrialists expressed dissatisfaction on Wednesday with the budgetary measures proposed for 2024-25, criticizing it as anti-industry and overly aligned with IMF directives. Trade and industry leaders have labeled the budget a burden on existing taxpayers, with no substantial efforts made to broaden the tax base or promote industrial production and commerce. During a press conference at the Chamber House, Islamabad Chamber of Commerce and Industry President Ahsan Zafar Bakhtawari highlighted that the government’s ambitious tax target of Rs12.97 trillion would increase the burden on existing taxpayers instead…

Read More