Category: Shortcode

“Sindh’s Energy Potential: Minister Nasir Hussain Shah Highlights Investment Opportunities During Meeting with British High Commissioner”

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British-High

During a meeting with British High Commissioner Jane Marriott, Sindh’s Provincial Minister of Energy, Development, and Planning, Syed Nasir Hussain Shah, emphasized the abundant and lucrative opportunities available for both domestic and foreign investors in Sindh’s energy sector. Minister Shah noted that Sindh stands as Pakistan’s energy hub, boasting a wind corridor capable of generating 55,000 MW and a solar potential reaching 10 GW. Key Points from the Meeting: Minister Nasir Hussain Shah highlighted that Sindh currently contributes 1845 MW of electricity from wind and 250 MW from solar sources…

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“Minister Urges Accelerated Progress on Gwadar Power Plant Construction”

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Gwadar-power

(APP) Minister for Planning, Development, and Special Initiatives Professor Ahsan Iqbal has emphasized the urgent need for swift action on the construction of the Gwadar Power Plant. In a meeting held to review the project’s progress, the minister directed relevant authorities to expedite the work without any delays. The Gwadar Power Plant, a 300MW coal power project being developed by M/s CIHC Pak Power Company (Pvt) Limited (CPPCL) under the Private Power Infrastructure Board (PPIB), is crucial for enhancing energy infrastructure and fostering economic development in the region. It is…

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“OGDCL Makes Oil and Gas Discovery in Kohat District, KP”

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OGDCL-1

Oil and Gas Development Company Ltd (OGDCL) has announced a significant hydrocarbon discovery in Kohat district of Khyber Pakhtunkhwa (KP), as per a recent stock filing. The discovery was made in the exploratory segment of the Togh-02 (Slant) well in the Lumshiwal-II Formation, located within the Kohat Exploration Licence area. OGDCL, operating with a 75% stake, and Saif Energy Ltd with a 25% stake, jointly made this discovery. The drilling of the well commenced on Aug 28, 2023, and reached a total depth of 2,600 meters. Following the wireline logs…

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NEECA Faces Turmoil as Key Executive Positions Abolished

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neeca

The National Energy Efficiency and Conservation Authority (NEECA) is grappling with internal upheaval as the government has announced the abolition of crucial executive roles within the agency. This move has cast a spotlight on the challenges plaguing Pakistan’s energy sector, with NEECA already operating significantly understaffed, with only 10 members against a sanctioned strength of about 255. A recent Statutory Regulatory Order (SRO) published in the Gazette of Pakistan revealed that nine executive positions, including director generals, internal auditor, and registrar, have been terminated. The decision, reportedly based on “unsatisfactory…

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PM Shehbaz Sharif to Honor 65 Exporters and Taxpayers in Award Ceremony

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Tax-Payer

Prime Minister Shehbaz Sharif is set to recognize and honor 65 leading exporters and compliant taxpayers in an award ceremony scheduled to take place at the PM Office today. The ceremony will feature the distribution of approximately 40 awards to prominent exporters from sectors such as textile, sports, surgical goods, pharmaceuticals, foods, steel, and others. In the category of compliant taxpayers, awards will be given to individuals and entities who have contributed significantly through income tax payments to companies, Association of Persons (AOPs), and individual taxpayers. The government has also…

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