Category: News & Announcement

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has advised the wind power producers (WPPs) to explore the possibility of utilising their sites and available land to set up solar-wind hybrid power projects with an eye on augmented capacity and to make their product economical. This has been proposed by the regulator to the existing WPPs facing their load curtailments by the power operators — National Transmission & Dispatch Company (NDTC) and National Power Control Centre (NPCC) — because of their relatively higher tariff and substantial surplus capacity available in…

Read More

February 11, 2020: Pakistan Cricket Board (PCB) and the Pakistan Water and Power Development Authority (WAPDA) will jointly organise a cricket-exhibition match in Tribal District Mohmand of Khyber Pakhtunkhwa. The match is scheduled to be played in March as part of ‘Pakistan Day’ celebrations at Mohmand Dam Hydropower Project. Renowned players of the Pakistani cricket team will feature in the match along with other national and local cricketers. This was decided in a meeting held at WAPDA House between WAPDA Chairman Lt Gen Muzammil Hussain (Retd) and PCB Chief Executive Wasim…

Read More

SECMC, IUCN launch first ever Fauna-Flora Survey of TharparkarISLAMKOT: (Tuesday, February 11, 2020) Aiming at long-term biodiversity conservation in an ecologically rich region of Tharparkar, the Sindh Engro Coal Mining Company (SECMC) through Thar Foundation and Pakistan’s top environmental body International Union for Conservation of Nature (IUCN) has launched the first-ever survey of the fauna and flora of Tharparkar.The survey will assess the existing state of biodiversity and produce a fauna and flora inventory of the target area with occurrence, distribution, relative abundance and diversity of species along with their conservation status. The…

Read More

ISLAMABAD: The government has finalised National Electricity Policy 2020 that seeks ‘balanced development’ of power generation, transmission and distribution through full cost recoveries at every stage and to gradually bring an end to use of all imported fuels. The draft policy that would pass through the next meeting of the Council of Common Interests for approval also envisages that “the agreed upon amounts owed by Provinces and/or their departments to the power sector, shall be automatically adjusted from the NFC award and departmental budgets”. Under the policy, the National Electric…

Read More

Investors started to dump shares as panic gripped the market, making the Shanghai Composite index close nearly eight per cent lower, its biggest one-day drop in more than four years. Losses spread to the US and European markets. The Pakistan stock market fell 2.4pc in the preceding week and the KSE-100 index suffered a steep drop of 1,222 points or nearly 3pc last Monday, representing the steepest single-day decline in 14 months. But the meltdown was largely on the inflation figure for January, which came out at an alarming 12-year…

Read More