Category: Highlights

Pakistan and the United States Have Concluded The Ninth Meeting of the Trade and Investment Framework Agreements

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(TIFAs) with a joint assertion stressing their obligation to reinforcing the two-sided financial relationship for shared success. The gathering was co-led by US Exchange Agent Katherine Tai and Pakistan’s Clergyman for Trade Syed Naveed Qamar. During the gathering, the different sides talked about different issues and concerns connected with agribusiness, advanced exchange, licensed innovation assurance, requirement, work privileges, great administrative practices, and ladies’ financial strengthening. The two sides consented to increment exchange on these areas to develop the reciprocal monetary relationship and advance flourishing for working individuals in the two…

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Wind Power Projects Face Curtailment Issues as NEPRA Set to Hold Hearing

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The Breeze Power Undertakings (WPPs) of Pakistan are confronting unreasonable reduction issues which has incited the Public Electric Power Administrative Power (Nepra) to gather a gathering of the relative multitude of significant partners. In a proclamation accessible with Business Recorder, Nepra said it “is in receipt of a letter from Pakistan Wind Energy Affiliation (PWEA), by which it has been notified that the WPPs are confronting exorbitant reduction issues which has passed every one of the past boundaries during the long stretches of December 2022, January 2023 and February 2023…

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Transmission Constraints Leave Thar Plants Underutilised

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Despite the full-page promotions to check the progressive authorizing of 2,400-megawatt coal power plants in Thar, the state-supported sole power purchaser can’t despatch more than 75% of the total limit. Just 1,800MW of the 2,400MW Thar power plants can be emptied at some random time inferable from transmission requirements. Postpones in the development of the subsequent transmission line among Thar and Matiari Converter Station have brought about the coal-based power plants sitting inactive regardless of positioning exceptionally on the legitimacy request of effective power makers. Focal Power Buying Organization Assurance…

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Saudi Arabia Reiterates That OPEC+Decisions Are Not Political

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The OPEC+ coalition puts together its choices with respect to oil market basics, not on political inclination, the energy pastor of OPEC’s accepted chief, Saudi Arabia, said on Monday, repeating past remarks from OPEC+ that it is taking a gander at the business sectors while settling on oil creation levels. The choices of the OPEC+ collusion, which is driven by Saudi Arabia and Russia, are not politicized, Saudi Energy Pastor Ruler Abdulaziz receptacle Salman said at an occasion in Riyadh today, as conveyed by Reuters. OPEC+ is sufficiently adaptable to…

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Charter of Economy Governor KPK Has Assured Business Community of Support Irfan Iqbal Sheikh

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Mr. Irfan Iqbal Sheikh, President FPCCI, has welcomed the whole-hearted support of Governor KPK, Haji Ghulam Ali, to the business, industry and trade community on the FPCCI-proposed Charter of Economy aimed at 10 – 15 years of continuity in economic policies & plans. He gave this message on the occasion of Governor’s visit to the FPCCI Head Office Karachi along with other notable parliamentarians. Mr. Irfan Iqbal Sheikh said that Haji Ghulam Ali can effectively utilize his high office to very persuasively relay the concerns, issues and complaints to the…

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