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Asian Infrastructure Investment Bank (AIIB) has shown keen interest in financing Pakistan Water and Power Development Authority (Wapda) projects and will remain closely associated with the authority. “AIIB will look into possibilities of financial assistance for Wapda projects,” said AIIB Director General (Investments) Supee Teravaninthorn. She was leading a business development mission of AIIB that met Wapda Chairman Lt Gen (Retd) Sajjad Ghani on Tuesday. “Wapda intends to replace 9,000 megawatts of electricity being generated from the costly fossil fuel with clean and low-cost hydel energy,” remarked Ghani during the…

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The National Transmission and Despatch Company Limited (NTDC) has completed the rehabilitation works of Dadu-Khuzdar transmission line at 2:00am on Sep 5, 2022. The transmission line was energised and started power supply to QESCO, subsequently electricity restored in major parts of Balochistan province. The NTDC spokesperson said that on the direction of Prime Minister of Pakistan Shehbaz Sharif and others authorities concerned, MD NTDC Engr Dr Rana Abdul Jabbar Khan and his team remained at site day and night to monitor the rehabilitation works of said transmission line, which is…

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The government has planned to amend a gas theft and recovery law to introduce gas utility courts and delegate federal government powers to prime minister for taking action against people involved in gas theft and delay in recovery of consumer bills. Sources told The Express Tribune that the government would make amendments to the Gas (Theft Control and Recovery) Act 2016. Under the amendments, it will establish gas utility courts. The federal government may consult the relevant High Court chief justice, and through a notification in the official Gazette, establish…

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Residents of Gharibabad area on Dalazak Road here on Monday demonstrated against the prolonged suspension of gas supply, excessive electricity loadshedding and non-provision of drinking water. The protesters, who also included children, blocked the area road by staging a sit-in led by chairman of the neighbourhood council, Noor Zaman. The protesters set on fire used tyres and raised slogans against the Sui Northern Gas Pipelines Limited, Peshawar Electric Supply Company and the government.They said supply of natural gas to the locality had been suspended for over a year, and despite…

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The Oil and Gas Regulatory Authority (OGRA) on Monday asked the provincial and district authorities to ensure availability of the Liquefied Petroleum Gas (LPG) at the prescribed rate across the country. “The current notified LPG producer price is Rs 2,013 per 11.8 kg cylinder and for the consumer, it is Rs 2,496,” OGRA Spokesman Imran Ghaznavi said in a news statement. He said the district authorities had been advised to initiate action against the profiteers under the LPG Production and Distribution Rules 2001, Petroleum Products (Petroleum Levy) Ordinance 1961 and…

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