Category: Shortcode

WAPDA Justifies Cost Escalation of Dasu Hydropower Project

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Dasu-Hydropower1

The Water and Power Development Authority (WAPDA) has provided justification for the cost escalation of the Dasu Hydropower Project. Although the exact details of the justification are not available, such projects often face cost increases due to various factors, including: WAPDA’s justification likely addresses these factors and provides a detailed explanation for the cost increase. The Dasu Hydropower Project is a significant undertaking aimed at increasing Pakistan’s power generation capacity. According to Prof Dr Ahsan Iqbal, Minister for Planning, Development and Special Initiatives, Pakistan is poised for economic growth, with…

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Pakistan’s Economic Ambitions: Ahsan Iqbal Sees Country Among Top Five Asian Economies

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ahsan-iqbal

Pakistan has the potential to emerge as one of the top five economies in Asia, according to Prof Dr Ahsan Iqbal, Minister for Planning, Development and Special Initiatives. While the exact details of the article are not accessible, a similar statement by the minister suggests Pakistan aims to become one of the top 10-15 largest economies globally by 2047. This ambitious goal requires sustained efforts and policy continuity from the entire system. To achieve this vision, Pakistan would need to focus on strategic development initiatives, including ¹: By working towards…

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OGDC Chairperson Urges Early Planning for PMIF 2026 Following Success of PMIF 2025

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ISLAMABAD: Chairperson of Oil and Gas Development Company (OGDC), Zafar Masud, visited the company’s head office on Monday to commend Managing Director Ahmed Hayat Lak and the OGDC team for the successful organisation of the Pakistan Minerals Investment Forum 2025 (PMIF25), according to a press release. Masud applauded the team for hosting a world-class event that showcased Pakistan’s mineral wealth to a global audience, firmly positioning the country as a rising hub for mineral and resource investment. He emphasized the need to sustain this momentum by initiating early preparations for…

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Pakistan Diverts Fourth ENI LNG Cargo Amid Reduced RLNG Power Demand

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LNG

ISLAMABAD: The government has successfully diverted a fourth LNG cargo, scheduled for delivery in May 2025 from Italian energy firm ENI, to the international market, according to a senior official at the Energy Ministry. Efforts are also underway to reroute a fifth cargo due in June. This follows earlier diversions of ENI-supplied cargoes originally planned for February, March, and April. The move stems from a request by Sui Northern Gas Pipelines Limited (SNGPL), which in a January 21 letter to the federal government sought to divert 11 LNG cargoes throughout…

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OGRA Raises RLNG Transmission Rates for May Amid Rising Global Costs

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OGRA

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the transmission rates for Regasified Liquefied Natural Gas (RLNG) for May 2025, following federal government policy guidelines. The hike reflects a rise of up to 5.44% compared to April, driven primarily by an increase in the Delivered Ex-Ship (DES) price. According to OGRA, while the RLNG transmission rate for Sui Southern Gas Company Limited (SSGCL) has risen from $10.6906 to $11.2718 per mmbtu (an increase of $0.5812), the distribution price has slightly decreased from $12.7255 to $12.5910 per mmbtu due…

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