Category: Highlights

Pakistan achieved the honour of becoming a leader in manpower export in the region, surpassing major players including India and Bangladesh in 2020. Determined to be at the forefront of this, Descon Engineering Limited is all set to provide close to 10,000 job opportunities in the GCC region for 2021. Majority of these positions will be filled from Pakistan. The target from July till December is to recruit and mobilise close to 10,000 personnel to go overseas where they will get international exposure and a chance to showcase/prove their skills…

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NEPRA has imposed a fine of Rs28 million on Sukkur Electric Power Company (SEPCO) on charges of negligence resulting in fatal incidents during the period July, 2019 to November, 2020.  NEPRA upon receipt of reports of 20 deaths due to different electrocution incidents during July 2019 to November 2020, constituted a three-member investigation committee under Section 27-A of NEPRA Act 1997 to visit the relevant areas, conduct investigation and ascertain the facts and possible violations of NEPRA laws, rules and regulations. The investigation committee’s report revealed that 11 out of…

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The government on Tuesday appeared set to increase the electricity tariff it had put on hold in April as part of revised Circular Debt Managem­ent Plan (CDMP) and efforts to ensure continuous foreign inflows from lending agencies – particularly the IMF, the World Bank and the Asian Development Bank. The tariff increase along with CDMP is expected to set into motion from Oct 1, but has to be discussed in detail by the Economic Coordination Comm­ittee (ECC) of the Cabinet within a few days. The tariff increases would be made…

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The Islam­abad High Court on Monday issued a notice to the Pak­istan Procurement Regula­tory Authority (PPRA) for allegedly securing a favourable order from the court on the basis of forged documents. Justice Aamer Farooq of the IHC issued the notice to the PPRA managing director on a petition filed by the authority’s ex-director general accusing the former of submitting forged documents that led to dismissal of his petition as well as three other pleas of senior officials against their termination from service. PPRA, the country’s top transparency watchdog, was established…

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A top United Nations (UN) official has called for Australia to urgently abandon coal-fired power generation. Selwin Hart, special adviser to the UN Secretary-General on Climate Action and assistant secretary-general, told a virtual Australian National University (ANU) forum on Monday that the climate crisis would “wreak havoc” on the Australian economy if it remains reliant on the coal industry. “Market forces alone show coal’s days are numbered, as many investors increasingly abandon it in favor of renewables, which are now cheaper in most places,” Hart said in a pre-recorded speech…

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