Category: Recent Post

National Transmission and Despatch Company (NTDC) has shared plans to procure disc insulator and hardware string costing €10.8 million for the 500-kilovolt SECL (Thar block-I) to Matiari double-circuit transmission line for evacuation of power from the 1,320-megawatt SECL Coal Power Plant. Speaking at a ceremony held to sign contract for the procurement of goods on Saturday, NTDC Deputy Managing Director Muhammad Ayub highlighted that the quality of hardware and insulators was a critical factor in the tripping of transmission lines. “NTDC is making efforts to improve its design and specifications…

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Amid heating up of political climate, the government on Monday approved Rs10 billion supplementary grants for Sustainable Development Goals Achievement Programme (SAP) for utilisation on the recommendations of ruling party parliamentarians. A formal decision to this effect was taken by the Economic Coordination Committee (ECC) of the Cabinet, which also approved about Rs182bn worth of six other supplementary grants, including Rs135bn to independent power producers (IPPs). The government has already fully exhausted Rs46bn allocated in the federal budget 2021-22 that had been placed at the disposal of the Cabinet Division.…

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Pakistan’s oil and eatable import bill recorded a sharp increase in the first four months (July-October) of 2021-22 from a year ago owing to rising prices on the international market and massive depreciation of the rupee. The total import bill inched up by 65.4pc to $25.1 billion in 4MFY22 as against $15.17bn in the corresponding period of last year. The steady increase in import bill of these two sectors are triggering trade deficit and pose a threat to cause pressures on the external side of the government. As a result,…

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Alok Sharma, the president of the UN climate conference in Scotland, had convened the final meeting of representatives from nearly 200 countries to deliver the Glasgow Climate Pact, a deal meant to ensure the world still has a chance to avert the worst impacts of global warming. It was moment born of weeks of arduous negotiation and months of painstaking preparations. Delegates in the plenary hall at COP26 were taking pictures to mark the historic moment. But as envoys prepared to take their seats to adopt the accord on Saturday…

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Minister for Energy Hammad Azhar informed the Senate on Friday that domestic gas reserves were depleting fast and the gas prices had not been increased since 2019. The Senate met under the chairmanship of Sadiq Sanjrani. Responding to a calling attention notice raised by senators Sherry Rehman and Saleem Mandviwalla about the ongoing crisis in the gas supply to consumers, both domestic and commercial, especially for the upcoming winter, he said smooth gas supply would be ensured during breakfast, lunch and dinner timings in the winter season. He said around…

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