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ISLAMABAD: The Auditor General of Pakistan (AGP) has found fault with the utilisation of almost Rs3 trillion public funds by the power division, involving huge irregularities, mismanagement, misappropriation and embezzlement. In its report for the audit year 2019-20 that has been laid before the National Assembly after a delay of almost eight months, the AGP also put question marks over sustainability of the power sector under the current state of affairs, governance shortcomings and weak financial and administrative controls. The audit is based on financial accounts for fiscal year 2018-19…

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Sukkur deputy commissioner (DC) Rana Adeel Taswar has directed the Sukkur Electric Power Supply Company (SEPCO) to ensure uninterrupted power supply during the month of Rabiul Awwal and asked taluka municipal administrations to ensure proper sanitation and availability of potable water to people attending processions. Sukkur DC was presiding over a meeting on Sunday to review security and other arrangements for Rabiul Awwal. He asked all the relevant authorities to facilitate organisers seeking permission to take out processions or hold Mehfil-e-Milad. He further directed additional commissioners to develop a liaison…

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The salaries and allowances paid by the National Electric Power Regulatory Authority (Nepra) to its chairman and four provincial members has soared by up to 551% in the fiscal year ended June 30, 2020 compared to what they received in the preceding year. The chairman received a sum of Rs9.97 million on account of managerial remuneration and other allowances in fiscal year (July-June) 2020 that was 551% higher than Rs1.53 million received in fiscal year 2019, according to Nepra’s Annual Report 2020, published this week. Accordingly, the chairman received remuneration…

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Success or failure in this context is not limited to how many of the turbines were actually produced or were ever operational. Eize de Vries explains the criteria for the selection and describes numbers 31-40 in the first part of this special report  Products may have been launched as stand-alone models or already envisaged as the basis for a product platform. In some cases, what started as a high-profile product launch, triggering equally high expectations, only made it into the prototype phase, or never even moved past the “paper stage”. The…

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Joe Biden declared climate change the “number one issue facing humanity” and vowed a national transition from fossil fuels to renewable energy that could create millions of new jobs. “It’s the number one issue facing humanity. And it’s the number one issue for me,” Biden said of climate change during an episode of Pod Save America released Saturday. He was interviewed by Dan Pfeiffer, a former senior advisor to President Barack Obama. “Climate change is the existential threat to humanity,” the former vice president said. “Unchecked, it is going to…

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