Category: Recent Post

ISTANBUL, 6 October 2021: A ‘Naming Ceremony’ was organized at SANMAR Shipyards, Istanbul today to commemorate cooperation between SANMAR Shipyards, Turkey and Port Qasim Authority (PQA), Pakistan. Under an agreement, PQA has bought 4 ASD LNG Compatible Tugs and 2 Pilot Boats from SANMAR Shipyards. This project is yet another manifestation of the growing ties between Pakistan and Turkey in the maritime domain. The ceremony was attended by President SANMAR Shipyards, Mr. Cem Seven, Chairman Port Qasim Authority, Rear Admiral (R) Syed Hasan Nasir Shah, the Ambassador of Pakistan to…

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Bulk consumers of electricity will have the option to buy electricity on a competitive basis from any power producer of their choice from July 2022 onwards, said Tabish Gauhar, who recently stepped down as Special Assistant to the Prime Minister (SAPM) on Power and Petroleum. Addressing the members of CFA Society Pakistan on Wednesday, Mr Gauhar said the first phase of the Competitive Trading Bilateral Contract Market will be operational by the end of the current fiscal year. “One of the reasons why the power sector is in the (current)…

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The government on Tuesday approved the seasonal concessional electricity package for domestic and commercial consumers for the off-peak November-February period, granting a concession of up to Rs7/unit. This concession will be available to these power consumers on the additional units of power consumed in given month over same month of the last year, according to an official handout. Minister for Energy (Power Division) Hammad Azhar announced this decision of the cabinet through a tweet saying: “The cabinet has approved the seasonal electricity package. Any additional electricity consumed by domestic and…

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Organised by the Dubai Electricity and Water Authority (Dewa), the event is being held under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and under the patronage of Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Supreme Council of Energy and chairman of the Expo 2020 Dubai Higher Committee. Sheikh Ahmed bin Saeed Al Maktoum inaugurated the event on October 5, 2021 at the Dubai Exhibition Centre at Expo 2020 Dubai under the theme…

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The Supreme Court noted that no substantial investment has been made for the improvement of transmission lines and alternative power generation plants. A three-judge bench, headed by Justice Umar Ata Bandial, on Tuesday, heard a review petition of the All Pakistan Textile Mills Association (APTMA). Justice Bandial said there was a need to support the economic activities and that export-oriented units should receive power at subsidised rates, so they could compete in the international market. The bench was informed that pursuant to direction in a judgment passed on 25 September…

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