Category: Recent Post

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has decided to acquire the Metropole Hotel land to prevent the construction of a high-rise on its place and instead develop a modern park for children and elderly people. He also decided to acquire a portion of the Sindh Club on the corner for widening of the left turning of the road from the Metropole Hotel towards Clifton to ease traffic flow. He directed the commissioner of Karachi to talk to the owners of the hotel and the Sindh Club management for…

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Karachi / Dubai: July 24, 2020 – Emirates customers can travel with confidence, as the airline will cover medical expenses of up to EUR 150,000 and quarantine costs of EUR 100 per day for 14 days, should they be diagnosed with COVID-19 during their travel, while they are away from home. This cover is provided by the airline, free of cost to its customers. HH Sheikh Ahmed bin Saeed Al Maktoum, Emirates Group Chairman and Chief Executive said: “Under the directive of His Highness Sheikh Mohammed, UAE Vice President and Prime…

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Power production almost doubled in June 2020 compared to March when the Covid-19 outbreak crippled economic activities and brought them to a near halt. The significant growth in power generation indicates that a majority of the factories and industries have returned to work from the four-month-long lockdown. “Power generation has…almost doubled (soared 92% in June) from the low recorded in March 2020,” Topline Securities’ analyst Sunny Kumar said in a brief report on power production in the previous fiscal year ended June 30, 2020. Power generation started to decline in…

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The writer is a former member of the Energy Planning Commission and author of ‘Pakistan’s Energy Issues: Success and Challenges’. Karachi is passing through one of the worst power crises in its history. People are now demanding that the KE contract either be revoked or amended so as to correct the situation. In the minds of many people, KE has a long history of profit maximization at the expense of consumers. Nepra had faced difficulty with it in making it utilize its furnace oil power plants which it has used…

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