Sunday 30 June 2013

pakistan Minimum wage Workers to protest if demands aren’t met the National Labour Federation (Power Looms Wing) would join them

FAISALABAD: 
The power loom workers’ unions have decided to launch a protest from July 4 following the failure of parleys with power loom owners for raise in wages.
Power Loom Workers Union district president Nadeem Ahmad Bawa told media persons on Sunday that the Power Looms Workers’ Union...pakistan Minimum wage Workers to protest if demands aren’t met the National Labour Federation (Power Looms Wing) would join them

New Saudi labour laws may restrict remittances to Pakistan More than 50,000 illegal Pakistani workers in Saudi Arabia

ISLAMABAD: More than 50,000 illegal Pakistani workers in Saudi Arabia would facedeportation after July 3, who are not only bread-winner for their families, but also play a key role in the economy in the form of remittances.
  New Saudi labour laws illegal Pakistani workers in Saudi...New Saudi labour laws may restrict remittances to Pakistan More than 50,000 illegal Pakistani workers in Saudi Arabia

Energy mix: Despite multiple options, Pakistan should not give up on Wind energy, Nuclear energy, Hydel energy and Thar coal,

Thar coal, where Pakistan has the 7th largest deposits of lignite coal in the world, is by most accounts the short- or medium-term solution to Pakistan’s energy problems. It may not be the best quality coal, but if treated before use, can prove to be a sustained and long-term source of...Energy mix: Despite multiple options, Pakistan should not give up on Wind energy, Nuclear energy, Hydel energy and Thar coal,

lahore Metro Bus route map: Plans afoot for elevated u-turns at two junctions

LAHORE: 
The Traffic Engineering and Transport Planning Agency (Tepa) is planning to build four elevated u-turns on Ferozepur Road to address congestion problems at two Metro Bus Service junctions, 

Since the bus corridor was built, there have been serious traffic problems at Azadi Chowk and...lahore Metro Bus route map: Plans afoot for elevated u-turns at two junctions

Staggering failure: Federal Board of Revenue (FBR) misses revenue target by Rs461 billion

ISLAMABAD: 
The Federal Board of Revenue  (FBR) has failed miserably to meet the outgoing fiscal year’s tax collection target, weakening Islamabad’s position as it enters a ‘make-or-break’ round of talks with International Monetary Fund (IMF) for a new bailout programme today (Monday)....Staggering failure: Federal Board of Revenue (FBR) misses revenue target by Rs461 billion

South Sudan ships: first oil cargo via Sudan; talks to defuse new row

South Sudan said on Sunday it had shipped its first oil cargo through Sudan to international markets since 2011, while its vice president visited Khartoum to defuse a row that threatened the cross-border flows vital to both. Sudan told its landlocked African neighbour three weeks ago it would...South Sudan ships: first oil cargo via Sudan; talks to defuse new row

US says oil market can cope with more Iran export cuts US Energy Secretary Ernest Moniz

The top US energy official said he believed the oil market could cope with any further reduction of Iran”s oil exports from the tightening of sanctions on Tehran over its nuclear programme. US Energy Secretary Ernest Moniz also said on Sunday he expected a “fair amount of...US says oil market can cope with more Iran export cuts US Energy Secretary Ernest Moniz

Textile exporters, manufacturers, processors, hosiery manufacturers and traders Sharing energy shortage across the board on equitable basis stressed

Textile exporters, manufacturers, processors, hosiery manufacturers and traders have emphasised the need to share the energy shortage on equitable basis across the board in the best interest of country and to save investment of billions dollars.
Addressing a meeting with the elected members of...Textile exporters, manufacturers, processors, hosiery manufacturers and traders Sharing energy shortage across the board on equitable basis stressed

Ogra notifies hike in POL and Compressed Natural Gas (CNG) prices

The federal government on Sunday approved an increase in prices of petroleum products and Compressed Natural Gas (CNG) effective from first July (today). The Oil and Gas Development Authority (Ogra) issued a notification in this regard on Sunday midnight.
Prices of petrol, High Speed Diesel and...Ogra notifies hike in POL and Compressed Natural Gas (CNG) prices

Cyprus ratings cut over debt swap by Standard & Poors Ratings Services and Fitch

NICOSIA,  Cyprus’s bond ratings have been downgraded by Standard & Poors Ratings Services and Fitch following Nicosia’s announcement that it would swap one billion euros in local bonds for longer maturities.
On Thursday, the finance ministry said that government bonds maturing in 2013...Cyprus ratings cut over debt swap by Standard & Poors Ratings Services and Fitch

Resolving the energy crisis problem in Pakistan making electricity relatively sensible choices

The government of Pakistan has a tendency to make energy policy by simply going for the latest fads. That is how we got into the trouble of having too many oil-fired power plants in the first place When it comes to the energy sector reforms, the Nawaz Administration appears to be making...Resolving the energy crisis problem in Pakistan making electricity relatively sensible choices

Siemens to cut 1,700 jobs in energy operations the Energy Information Administration report

Siemens is expected to cut around 1,700 jobs in the restructuring of its energy business, a German magazine reported on Saturday, citing an unnamed senior manager. WirtschaftsWoche said the unit’s main production facilities in Erlangen and Offenbach and a plant in Muelheim an der Ruhr...Siemens to cut 1,700 jobs in energy operations the Energy Information Administration report

US natural gas futures end down Steve Mosley at The SMC Report in Arkansas

US natural gas futures ended lower on Friday, with mild weather forecasts for most of the eastern half of the nation next week driving the front contract to a 3-1/2 month low despite expectations for some record heat out West. “The early July temperature forecast looks very bearish for...US natural gas futures end down Steve Mosley at The SMC Report in Arkansas

World spare oil capacity slips, production up: EIA Energy Information Administration report

Global spare oil production capacity slipped in May and June from the previous two months, but was above levels during the same period last year, the US government said on Thursday. The spare capacity slipped to 2.4 million barrels per day in May and June, down about 0.4 million bpd from the...World spare oil capacity slips, production up: EIA Energy Information Administration report

Turkmenistan to showcase huge gas field for Xi visit will launch production at Galkynysh, the world''s second-largest gas field,

Turkmenistan will launch production at Galkynysh, the world”s second-largest gas field, this autumn when China”s President Xi Jinping pays a visit to the Central Asian nation, Turkmen officials said on Saturday. Energy-hungry China has supplanted Russia as the main importer of...Turkmenistan to showcase huge gas field for Xi visit will launch production at Galkynysh, the world''s second-largest gas field,

Coal-fired power plants: Pakistan-UK Trade and Investment Roadmap UK Foreign Direct Investment in energy, infrastructure development, agriculture, agro-industry and mining

President Asif Ali Zardari on Saturday said that sustained efforts should continue to go beyond the target of £2.5 billion set under 2012 Pakistan-UK Trade and Investment Roadmap. The President said that there is a huge scope of UK Foreign Direct Investment in energy, infrastructure...Coal-fired power plants: Pakistan-UK Trade and Investment Roadmap UK Foreign Direct Investment in energy, infrastructure development, agriculture, agro-industry and mining

Shahbaz for early finalisation of one-window energy policy due national education, health, agriculture, livestock, industry, trade and all sections of life

Punjab Chief Minister Shahbaz Sharif has said that the energy crisis has badly affected the country and national economy due to which education, health, agriculture, livestock, industry, trade and all sections of life have been affected. He said that we are answerable to the people for reducing...Shahbaz for early finalisation of one-window energy policy due national education, health, agriculture, livestock, industry, trade and all sections of life

Base oil scam: Pakistan State Oil (PSO), official urges minister to re-initiate inquiry

A senior official of Pakistan State Oil (PSO), who has been accused of involvement in base oil import scam by the former government, has approached Petroleum Minister Shahid Khaqan Abbasi to re-initiate an inquiry to identify the guilty. According to a letter a copy of which is available with...Base oil scam: Pakistan State Oil (PSO), official urges minister to re-initiate inquiry

Matters regarding energy crisis being faced by Pakistan, US American Consul General calls on Punjab Chief Minister Shahbaz Sharif

American Consul General in Lahore Nina Maria Fite called on the Punjab Chief Minister Shahbaz Sharif at Chief Minister’s Office, here on Saturday. Matters regarding energy crisis being faced by Pakistan, to overcome this problem and co-operation in power generation sector were discussed in...Matters regarding energy crisis being faced by Pakistan, US American Consul General calls on Punjab Chief Minister Shahbaz Sharif

‘Brain-eating’ amoeba claims another life Executive District Officer for health Imdadullah Siddiqui

KARACHI: The ‘brain-eating’ amoeba, a waterborne organism, has claimed another life here.
Executive District Officer for health Imdadullah Siddiqui said 40-year-old Tahir Ansari died at the Aga Khan University Hospital on Saturday.
His is the third death caused by the waterborne infection in...‘Brain-eating’ amoeba claims another life Executive District Officer for health Imdadullah Siddiqui

Gwadar to benefit both Pakistan, China: Prime Minister Nawaz Sharif

ISLAMABAD: Prime Minister Nawaz Sharif has said that friendship with China is and will remain the cornerstone of Pakistan’s foreign policy and it has been a factor for peace and stability in the region.
Speaking to Chinese Ambassador Sun Weidong, who called on him at the Prime Minister’s...Gwadar to benefit both Pakistan, China: Prime Minister Nawaz Sharif

water and power minister to visit India to explore potential areas of cooperation between the two countries.

ISLAMABAD: Prime Minister Nawaz Sharif said on Saturday that he had decided to send the water and power minister to India to explore potential areas of cooperation between the two countries.
Speaking to members of the Pak-India Joint Business Council at the Prime Minister’s Office, he said:...water and power minister to visit India to explore potential areas of cooperation between the two countries.

Offshore oil, gas exploration: Pakistan Petroleum Limited (PPL) , UK firm to carry out study

ISLAMABAD: Pakistan Petroleum Limited (PPL) and Orion Energy, a UK-based oil and gas exploration company, entered into an agreement here on Friday to undertake a joint feasibility study aimed at developing offshore oil and gas potential in the entire Indus and Mekran offshore areas.
According to...Offshore oil, gas exploration: Pakistan Petroleum Limited (PPL) , UK firm to carry out study

Govt to formally seek International Monetary Fund (IMF) bailout today Federal Board of Revenue and State Bank of Pakistan

ISLAMABAD: The government and the International Monetary Fund (IMF) on Friday entered into policy level talks over a new bailout package under an Extended Fund Facility (EFF) for Pakistan’s balance of payment support to repay international liabilities over the next three years.
“We will be...Govt to formally seek International Monetary Fund (IMF) bailout today Federal Board of Revenue and State Bank of Pakistan

Small farmers to get solar energy tube wells: generation of energy from biogas in Punjab CM Shahbaz

LAHORE Chief Minister Shahbaz Sharif has said that there is a vast scope of generation of energy from biogas in Punjab and the provincial government is evolving a comprehensive policy under which biogas plants will be set up in villages while efforts are also being made for operating tube wells...Small farmers to get solar energy tube wells: generation of energy from biogas in Punjab CM Shahbaz

Energy crisis: federal government plans to recover power bills from provinces’ share in taxes 70% of power bills of provinces,

The huge power subsidy, which the government doles out every year, is also a major factor behind the rising circular deb ISLAMABAD 
The federal government is planning to recover 70% of power bills of provinces, which are one of the major defaulters, from their share in the federal divisible...Energy crisis: federal government plans to recover power bills from provinces’ share in taxes 70% of power bills of provinces,

Trade ties: Pak-US Business Conference concludes in Dubai organised by US Department of State and Ministry of Commerce (Pakistan) in Dubai

DUBAI: The United States (US) is a good friend and important country for Pakistan and which plays a significant role in socio-economic development of Pakistan. This was stated by SM Muneer, President India-Pakistan Chamber of Commerce and Industry (IPCCI), while addressing the two day...Trade ties: Pak-US Business Conference concludes in Dubai organised by US Department of State and Ministry of Commerce (Pakistan) in Dubai

Economic cooperation: Netherlands keen to help Pakistan in various areas Islamabad Chamber of Commerce and Industry (ICCI).

ISLAMABAD: Netherlands is an advanced economy with the technology and expertise to help Pakistan with solar, wind, coal and bio-mass power generation to mitigate its energy woes, said First Secretary/Head Economic Affairs of Netherlands Embassy Robert Dresen, during a visit to Islamabad Chamber...Economic cooperation: Netherlands keen to help Pakistan in various areas Islamabad Chamber of Commerce and Industry (ICCI).

Telecom lobby questions use of universal service fund (USF) money to help pay off circular debt Internet Service Providers Association of Pakistan (Ispak)

KARACHI: 
Telecom lobby Internet Service Providers Association of Pakistan (Ispak)
The Internet Service Providers Association of Pakistan (Ispak) has raised the issue of transfer of funds from universal service fund (USF) to the federal consolidated fund (FCF) by Finance Minister Ishaq Dar on...Telecom lobby questions use of universal service fund (USF) money to help pay off circular debt Internet Service Providers Association of Pakistan (Ispak)

Load-shedding: USAID Power Distribution Program implements load monitoring programme in Gujranwala

ISLAMABAD: 
The United States Agency for International Development (USAID) Power Distribution Program on Saturday successfully implemented the Load Data Improvement (LDI) programme at Gujranwala Electric Power Company (GEPCO) to assist in minimising unscheduled load-shedding, says a press...Load-shedding: USAID Power Distribution Program implements load monitoring programme in Gujranwala

Indo-Pak trade: Without investment in infrastructure, but without infrastructure development bilateral trade is bound to fall.

LAHORE: Trade with India is a subject which various traders and industrialists discuss and mould in their favour. Though, the bilateral trade with India via the Wagah border is happening and is expected to increase in the future, but without infrastructure development bilateral trade is bound...Indo-Pak trade: Without investment in infrastructure, but without infrastructure development bilateral trade is bound to fall.

Friday 28 June 2013

India’s nuclear amateurism Comprehensive Test Ban Treaty (CTBT)

Secretary of state John Kerry reminded New Delhi that the United States expects India to toe its line on non-proliferation and get a move on in signing the Missile Technology Control Regime, Comprehensive Test Ban Treaty (CTBT) and the Fissile Material Cut-off Treaty. One hopes New Delhi will...India’s nuclear amateurism Comprehensive Test Ban Treaty (CTBT)

Offshore oil, gas exploration: PPL, UK firm to carry out study Orion Energy, a UK-based oil and gas exploration company,

ISLAMABAD,  Pakistan Petroleum Limited (PPL) and Orion Energy, a UK-based oil and gas exploration company, entered into an agreement here on Friday to undertake a joint feasibility study aimed at developing offshore oil and gas potential in the entire Indus and Mekran offshore areas.
According...Offshore oil, gas exploration: PPL, UK firm to carry out study Orion Energy, a UK-based oil and gas exploration company,

China raises gas prices the price local distributors pay for gas for non-residential use by 15 per cent,

BEIJING,  China said on Friday it would raise the price local distributors pay for gas for non-residential use by 15 per cent, the first step on a national scale to reduce the loss state-owned gas producers and importers are taking on the fuel.
The world’s top energy consumer, China is also a...China raises gas prices the price local distributors pay for gas for non-residential use by 15 per cent,

Prices of petrol and diesel may go up prices of petrol and high speed diesel by Rs2.66 and Rs3.66 per litre, from July 1

ISLAMABAD, The Oil and Gas Regulatory Authority (Ogra) recommended to the government on Friday to increase the prices of petrol and high speed diesel by Rs2.66 and Rs3.66 per litre, respectively, with effect from July 1.
According to a summary, Ogra worked out the new prices on the basis of...Prices of petrol and diesel may go up prices of petrol and high speed diesel by Rs2.66 and Rs3.66 per litre, from July 1

finalises new national energy policy Prime Minister Nawaz Sharif public and private investment and import electricity from India, Iran and Central Asian states

ISLAMABAD: Prime Minister Nawaz Sharif Friday said that the new energy policy would turn out to be “panacea of Pakistan’s energy ills.”
“People and economy have suffered badly at the hands of crippling power crisis. It is high time that prudent and consistent policies were pursued to...finalises new national energy policy Prime Minister Nawaz Sharif public and private investment and import electricity from India, Iran and Central Asian states

CNG association rejects GST hike on CNG The All Pakistan CNG Association (APCNGA)

he APCNGA chairman said all the gas consuming sectors were paying 17 per cent GST while CNG which was already heavily taxed was being made to pay more
ISLAMABAD: The All Pakistan CNG Association (APCNGA) has rejected the government’s decision to jack up General Sales Tax (GST) on sale of...CNG association rejects GST hike on CNG The All Pakistan CNG Association (APCNGA)

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) urges govt to avoid IMF loan

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to avoid IMF’s assistance programme.
Talking to newsmen at Federation House on Thursday, FPCCI President Gulzar Firoz stressed the need for broadening the tax net, rather than going to IMF... Federation of Pakistan Chambers of Commerce and Industry (FPCCI) urges govt to avoid IMF loan

Oil prices set to rise by up to Rs3.66 per litre global oil prices and increase in rate

ISLAMABAD: The oil prices are expected to be increase by up to Rs3.66 per litre effective from July 1, following fluctuations in global oil prices and increase in rate of General Sales Tax (GST). 
To provide relief to consumers, the Oil and Gas Regulatory Authority (Ogra) asked the petroleum...Oil prices set to rise by up to Rs3.66 per litre global oil prices and increase in rate

Mutual funds industry opposes duty on asset management companies country is unlikely to go up if retail mutual funds investors

The imposition of FED is going to be ‘disastrous’ for the mutual funds industry,” NAFA CEO Amjad Waheed KARACHI: Given its reputation as a pro-business political party, many expected the Pakistan Muslim League-Nawaz (PML-N) would try and broaden the tax net instead of forcing...Mutual funds industry opposes duty on asset management companies country is unlikely to go up if retail mutual funds investors

Prominent economist takes shot at Federal Budget 2013-14 will redress the energy crisis by building new dams and demand and supply of electricity,

ISLAMABAD: The government’ promises that it will redress the energy crisis by building new dams and paying off the dues of independent power producers has given hope to many, but an economist pointed out here on Friday that the real issue is not the demand and supply of electricity, but...Prominent economist takes shot at Federal Budget 2013-14 will redress the energy crisis by building new dams and demand and supply of electricity,

Govt assures timely completion of Iran- Pakistan (IP) Gas Pipeline Project

Iran- Pakistan (IP) Gas Pipeline Project would be completed before the stipulated deadline of December 2014.
ISLAMABAD: Secretary Ministry of Petroleum and Natural Resources Abid Saeed Friday informed the committee on Petroleum and Natural Resources that the Iran-Pakistan (IP) Gas Pipeline...Govt assures timely completion of Iran- Pakistan (IP) Gas Pipeline Project

Risk worth taking: PPL to drill deep-sea well despite past failures Offshore drilling is not for the faint-hearted.

KARACHI: 
Offshore drilling drill deep-sea
Offshore drilling is not for the faint-hearted. The next deep-sea well to be drilled in Pakistani waters will cost around $150 million and work on it starts in the backdrop of successive failures. Yet experts say it is a risk worth taking.
Pakistan...Risk worth taking: PPL to drill deep-sea well despite past failures Offshore drilling is not for the faint-hearted.

Joint venture: PPL, Orion Energy to invest $100m in offshore drilling Pakistan Petroleum Limited (PPL) and Orion Energy

Oil Supply: 186,000 barrels per day is the current oil production of PPL which covers 24% of the country’s energy needs.


ISLAMABAD 

Pakistan Petroleum Limited (PPL)  invest offshore drilling current oil production Oil Supply country’s energy
Pakistan Petroleum Limited (PPL) and...Joint venture: PPL, Orion Energy to invest $100m in offshore drilling Pakistan Petroleum Limited (PPL) and Orion Energy

Canadian miner to challenge Reko Diq ruling internationally Canadian investment in Pakistan Reko Diq project was opting for international arbitration,

KARACHI: 
High Commissioner of Canada to Pakistan Greg Giokas said that the prime concern for Canadian investment in Pakistan was its legal protection. Pointing towards the Reko Diq project, Giokas said that the Canadian company involved in the disputed Reko Diq project was opting for...Canadian miner to challenge Reko Diq ruling internationally Canadian investment in Pakistan Reko Diq project was opting for international arbitration,

Energy crisis: Govt plans to recover power bills from provinces’ share in taxes The huge power subsidy,

The huge power subsidy, which the government doles out every year, is also a major factor behind the rising circular debt ISLAMABAD 
The federal government is planning to recover 70% of power bills of provinces, which are one of the major defaulters, from their share in the federal divisible...Energy crisis: Govt plans to recover power bills from provinces’ share in taxes The huge power subsidy,

New bailout in jeopardy: IMF International Monetary Fund, government stick to their guns

ISLAMABAD: As Pakistan’s economic managers vowed to protect national interest in its dealings with the International Monetary Fund, the international lending institution is said to have complained about “inconsistency of the country’s budgetary figures” and “ill-preparedness of the...New bailout in jeopardy: IMF International Monetary Fund, government stick to their guns

Jabban hydropower project begins test run Following completion of civil and electro-mechanical work on the French-funded 22-megawatt

LAHORE: Following completion of civil and electro-mechanical work on the French-funded 22-megawatt Jabban Hydroelectric Power Station, the first unit of the project successfully started a test run on Wednesday.
The power station will start providing electricity to the national grid very...Jabban hydropower project begins test run Following completion of civil and electro-mechanical work on the French-funded 22-megawatt

Nandipur project: Govt intensifies efforts to resume work on power plant new government has stepped up efforts to immediately

ISLAMABAD:  The new government has stepped up efforts to immediately resume work on the 425-megawatt Nandipur power project and is trying to lure back the disgruntled Chinese contractor, which abandoned the project during the tenure of the previous government, with the offer of a contract...Nandipur project: Govt intensifies efforts to resume work on power plant new government has stepped up efforts to immediately

The considerate patron: PML-N to absorb Rs200b in additional tariff increases result in it providing an additional subsidy of Rs200 billion to consumers

ISLAMABAD: 
The PML-N government is working on a plan in order to withhold a tariff increase of Rs2.61 per unit, meant to be passed on to end users by the power regulating authority, which may result in it providing an additional subsidy of Rs200 billion to consumers.
Power distribution...The considerate patron: PML-N to absorb Rs200b in additional tariff increases result in it providing an additional subsidy of Rs200 billion to consumers

P&G products, services incorporated sustainability

Proctor & Gamble’s Port Qasim plant has incorporated environmental sustainability in its design, construction and operation in a bid to cut energy and water usage besides reducing wastage in general. During a visit arranged by the company on Thursday, P&G’s Country...P&G products, services incorporated sustainability

LHC suspends IHC verdict on amnesty scheme for cars Federal Board of Revenue (FBR)

LAHORE: The Lahore High Court on Thursday suspended the Islamabad High Court’s verdict on the previous government’s amnesty scheme for non-customs paid (NCP) vehicles,

On June 19, IHC declared the amnesty scheme illegal. It also asked the Federal Board of Revenue (FBR) to seize the 50,000...LHC suspends IHC verdict on amnesty scheme for cars Federal Board of Revenue (FBR)

First effluent treatment plant being set up to meet with environment protection standards of the World Trade Organization (WTO),

LAHORE: The federal government is going to set up a combined effluent treatment plant at Khurianwala Industrial Estate, Faisalabad to meet the requirements of the international market and comply with environment protection standards of the World Trade Organization (WTO), 

The project is...First effluent treatment plant being set up to meet with environment protection standards of the World Trade Organization (WTO),

Most farmers use substandard hybrid maize seeds traditional or open pollinated varieties after the introduction of hybrid varieties,

LAHORE: 
As farmers have shifted to high-yielding hybrid maize seeds from traditional or open pollinated varieties after the introduction of hybrid varieties, most of them use substandard hybrid seeds and old farming practices and fail to get desired production.
The farmers must use...Most farmers use substandard hybrid maize seeds traditional or open pollinated varieties after the introduction of hybrid varieties,

Energy mix: Seminar on the potential of green energy held World Environment Day 2013

LAHORE: The scientific and business community of Pakistan urged the government to invest in alternative sources of energy like bio-diesel, coal and solar power to mitigate the energy crisis here on Thursday at a seminar arranged by the Lahore Chamber of Commerce and Industry (LCCI) in...Energy mix: Seminar on the potential of green energy held World Environment Day 2013

Road plan: Malakand tunnel to be constructed with Korean loan Economic Development Cooperation Fund,

ISLAMABAD: 
The South Korean government has pledged $78 million for construction of the tunnel through the Economic Development Cooperation Fund, an official of National Highway Authority (NHA) told the media on Thursday.
The 9.7 km project includes three bridges and approach roads on both...Road plan: Malakand tunnel to be constructed with Korean loan Economic Development Cooperation Fund,

US, Pakistan work on clearing trade hurdles second US-Pakistan business opportunities conference in Dubai,

ISLAMABAD: Senior government officials and diplomats, who participated in the second US-Pakistan business opportunities conference in Dubai, have high hopes that there will be a positive outcome and the two sides will make quick progress on removing tariff barriers and other obstacles that...US, Pakistan work on clearing trade hurdles second US-Pakistan business opportunities conference in Dubai,

DAMAC Properties: Dubai-based developer to tour Pakistan this week top 10 property buyers in the UAE,

KARACHI: 
Pakistan may have been mired in economic problems in the last few years, but that hasn’t deterred wealthy Pakistanis from buying expensive property in Dubai. learnt that Pakistanis are among the top 10 property buyers in the UAE, which recently bounced out of a liquidity crisis and...DAMAC Properties: Dubai-based developer to tour Pakistan this week top 10 property buyers in the UAE,

Target set: IPPs must turn to coal to get circular debt cleared country’s highest economic decision-making body

ISLAMABAD: 
The country’s highest economic decision-making body on Thursday approved the settlement of the Rs503 billion circular debt within the next 45 days, but linked payments to independent power producers (IPP) with the signing of initial pacts for converting their power plants to...Target set: IPPs must turn to coal to get circular debt cleared country’s highest economic decision-making body

The times they are a-changin’: PSO plans major operational overhaul for the future top of Pakistan’s largest oil marketing company

KARACHI: 
The Pakistan State Oil (PSO) CEO’s crown sits heavy on the bearer. The men who have sat on the top of Pakistan’s largest oil marketing company have been called everything from tyrants to self-indulging opportunists.
Some just silently took the incessant battering of their...The times they are a-changin’: PSO plans major operational overhaul for the future top of Pakistan’s largest oil marketing company

Appeasing the public: Gas price hike plan put on hold till Eid appears to appease the masses and powerful lobbies.

ISLAMABAD: 
Prime Minister Nawaz Sharif on Thursday decided to put on hold the planned increase in gas prices till the end of Ramazan, a move which appears to appease the masses and powerful lobbies.
The prime minister made the decision at a high level meeting he chaired on the gas shortfall in...Appeasing the public: Gas price hike plan put on hold till Eid appears to appease the masses and powerful lobbies.

Primary focus on vulnerable districts stressed National Disaster Management Authority (NDMA)

Islamabad A two-day national conference organised by the National Disaster Management Authority (NDMA) as part of its annual national preparedness and contingency planning exercise for monsoon season concluded here on Thursday.
The conference was a culmination of an exhaustive preparedness...Primary focus on vulnerable districts stressed National Disaster Management Authority (NDMA)

AIOU residents Colony to get solar energy

Islamabad: Allama Iqbal Open University (AIOU) Vice-Chancellor Professor Dr. Nazir Ahmed Sangi has constituted a six-member committee to put up suggestions and recommendations for provision of unconventional energy — solar energy — to the residents of AIOU Colony and boost security...AIOU residents Colony to get solar energy

Germany Pakistan Training Initiative launched (GPATI) new skills development project aiming at equipping young Pakistani men and women with employable skills.

KARACHI: 13 German multinational and Pakistani national companies on Thursday formally launched the Germany Pakistan Training Initiative (GPATI), a new skills development project aiming at equipping young Pakistani men and women with employable skills.
GPATI, initiated by the German Consulate...Germany Pakistan Training Initiative launched (GPATI) new skills development project aiming at equipping young Pakistani men and women with employable skills.

CM vows to raise loadshedding issue with Centre responsibility of Peshawar Electric Supply Company to honour its commitment

PESHAWAR: Chief Minister Pervez Khattak assured the provincial assembly on Thursday that he would hold a meeting with the federal minister for water and power after the budget session but said it was the responsibility of Peshawar Electric Supply Company to honour its commitment to them by...CM vows to raise loadshedding issue with Centre responsibility of Peshawar Electric Supply Company to honour its commitment

USAID Launches atleast $150 Million Pakistan Private Investment Initiative with JS Private Equity

DUBAI – The U.S. Agency for International Development (USAID) Administrator Dr. Rajiv Shah, announced the Pakistan Private Investment Initiative with JS Private Equity Management and Abraaj Group. The Pakistan Private Investment Initiative will launch two new private equity funds focused...USAID Launches atleast $150 Million Pakistan Private Investment Initiative with JS Private Equity

‘Use of green technologies can help overcome energy crisis’ alternative and renewable energy resources

LAHORE: The energy crisis and environmental challenges could be overcome by using green technologies, speakers of a seminar said on Thursday.
The seminar was jointly organised by the Lahore Chamber of Commerce and Industry (LCCI), National Forum for Environment and Health (NFEH) and the...‘Use of green technologies can help overcome energy crisis’ alternative and renewable energy resources

Traders invited to Cuban trade fair FIHAV 2013 to showcase the export potential of their products,

ISLAMABAD: Pakistani entrepreneurs should take part in the FIHAV 2013 to showcase the export potential of their products, Ambassador of Cuba Jesus Zenen Buergo said during an interaction with local businessmen at the Islamabad Chamber of Commerce and Industry. FIHAV 2013 – the largest annual...Traders invited to Cuban trade fair FIHAV 2013 to showcase the export potential of their products,

All Pakistan CNG Association (APCNGA) rejects hike in General Sales Tax (GST) on CNG is unjust,

KARACHI: The All Pakistan CNG Association (APCNGA) said that the government’s decision to increase the General Sales Tax (GST) on CNG is unjust, a statement said.
Stakeholders were not taken into confidence regarding the nine percent hike in GST on CNG, which came as a great surprise, Chairman...All Pakistan CNG Association (APCNGA) rejects hike in General Sales Tax (GST) on CNG is unjust,

KESC rebuts allegations, says performance above par , allegations raised against it by Senate’s Standing Committee on Water and Power.

ISLAMABAD: The Karachi Electric Supply Company has categorically denied as completely baseless, allegations raised against it by Senate’s Standing Committee on Water and Power.
The power utility stated that all such allegations reported in the media are false and without any justification in...KESC rebuts allegations, says performance above par , allegations raised against it by Senate’s Standing Committee on Water and Power.

Theft of gas, electricity ‘biggest’ threat: experts biggest problem facing Pakistan

KARACHI: The theft of electricity and natural gas is the biggest problem facing Pakistan – and the energy crisis cannot be solved without curtailing it, experts said at the Jang Forum in Karachi on Thursday.
They added that the rules of business governing energy sector investment in Pakistan...Theft of gas, electricity ‘biggest’ threat: experts biggest problem facing Pakistan

10th Annual Environment Excellence Award 2013 from National Forum for Environment and Health (NFEH) by Waste Busters

Environment project wins award LAHORE THE Waste Busters have the won the 10th Annual Environment Excellence Award 2013 from National Forum for Environment and Health (NFEH) for their project, “Waste-to-Energy through Gasification.”
According to a press release issued here Thursday, a panel...10th Annual Environment Excellence Award 2013 from National Forum for Environment and Health (NFEH) by Waste Busters

China to boost investment in Pakistan different options for financing mega projects in Pakistan

ISLAMABAD: Pakistan and China are set to sign trade agreements – related to boosting investment and to build infrastructure – during the Prime Minister Nawaz Sharif’s upcoming visit to Beijing, the News learnt on Thursday.
The agreements relating to infrastructure include the...China to boost investment in Pakistan different options for financing mega projects in Pakistan

Demo against loadshedding SAHIWAL City News

Demo against loadshedding
From Our Correspondent
SAHIWAL: Hundreds of people staged a demonstration against power outages here on Thursday.
The people, including women and children, gathered on GT Road where they staged a demonstration against loadshedding. They said that five hours loadshedding...Demo against loadshedding SAHIWAL City News

NASA satellite to keep a watch on the Sun studied region of the sun and to better forecast space weather

CALIFORNIA: Nasa launched a satellite late Thursday on a mission to explore a little-studied region of the sun and to better forecast space weather that can disrupt communications systems on Earth.
Unlike a traditional liftoff, the Iris satellite rode into Earth orbit on a Pegasus rocket dropped...NASA satellite to keep a watch on the Sun studied region of the sun and to better forecast space weather

SC seeks directed Oil and the Gas Regulatory Authority (Ogra) to submit a report, on 17 CNG licences

ISLAMABAD: The Supreme Court Thursday directed Oil and the Gas Regulatory Authority (Ogra) to submit a report, explaining that under which law 17 CNG stations licence were granted in radius of three kilometres of Gujranwala, besides, establishing a station adjacent to school in Lahore.
A...SC seeks directed Oil and the Gas Regulatory Authority (Ogra) to submit a report, on 17 CNG licences

Rally against prolonged loadshedding NANKANA SAHIB City News

Rally against prolonged loadshedding
From Our Correspondent
NANKANA SAHIB: A large number of villagers took out a rally against prolonged electricity loadshedding here on Thursday.
The protesters belonging to Rehanwala village were chanting slogans against the Mandi Faizabad SDO for prolonged...Rally against prolonged loadshedding NANKANA SAHIB City News

People facing extra-ordinary loadshedding LALAMUSA City News

LALAMUSA: Rain on Wednesday night lowered temperature.
 
People facing extra-ordinary loadshedding heaved a sigh of relief after the rain. Rain inundated city roads and people were helpless to pump out dirty water of their houses and streets. Houses in low-lying areas entered the house.
People facing extra-ordinary loadshedding LALAMUSA City News

Oil prices rebound in Asia following US data Federal Reserve official that its stimulus programme

SINGAPORE: Oil prices rose in Asian trade Friday after a brief dip as dealers digested upbeat US economic data and comments from a Federal Reserve official that its stimulus programme will not end soon,
analysts said.
New York’s main contract, West Texas Intermediate (WTI) light sweet...Oil prices rebound in Asia following US data Federal Reserve official that its stimulus programme

POL price Rs 2.66 increase expected summary forwarded by OGRA to the Petroleum Ministry,

ISLAMABAD: The prices of petroleum products are expected to increase form July 1.
In the summary forwarded by OGRA to the Petroleum Ministry, a Rs 2.66 increase is recommended for the per litre price of petrol.
The price of diesel is going to see a Rs 3.66 increase while light diesel will...POL price Rs 2.66 increase expected summary forwarded by OGRA to the Petroleum Ministry,

Brent, US crude gain for fourth straight session

Crude oil futures rose for a fourth straight session on Thursday, gaining over $1 a barrel, as conviction strengthened that monetary stimulus measures from major central banks would stay in place for the time being. US GDP data on Wednesday that slashed the estimate of first-quarter economic...Brent, US crude gain for fourth straight session

Thursday 27 June 2013

KSE opposes decision to allow FBR access to bank accounts

KARACHI: The Karachi Stock Exchange (KSE) has demanded that the federal government review its decision to allow the Federal Board of Revenue (FBR) access to depositors’ bank accounts.
A statement prepared by the taxation committee of the KSE says that the insertion of Section 165 A in the...KSE opposes decision to allow FBR access to bank accounts

federal government, continues to level allegations against Karachi Electric Supply Company (KESC)

ISLAMABAD: 
The long-expected confrontation between the Karachi Electric Supply Company (KESC) and the federal government, now led by the Pakistan Muslim League Nawaz (PML-N), has begun. In testimony before the Senate water and power committee on Tuesday, federal officials claimed that...federal government, continues to level allegations against Karachi Electric Supply Company (KESC)

Non-payment of outstanding bills: SNGPL disconnects gas supply to 31 consumers industrial and commercial consumers

Sui Northern Gas Pipelines Limited (SNGPL) has disconnected connections of 31 industrial and commercial consumers who owed Rs 39.6 million. In order to expedite recovery from industrial and commercial consumers, the SNGPL is regularly monitoring recovery and lists of defaulters are forwarded to...Non-payment of outstanding bills: SNGPL disconnects gas supply to 31 consumers industrial and commercial consumers

Prime Minister to announce energy policy soon: Hamza breached the constitution and insulted the mandate of the people will be treated as per law

A central leader of PML-N and Member National Assembly, Hamza Shahbaz Sharif said the dictator who breached the constitution and insulted the mandate of the people will be treated as per law. Talking to reporters, Hamza said the PML-N had fulfilled its responsibility and now it was up to the...Prime Minister to announce energy policy soon: Hamza breached the constitution and insulted the mandate of the people will be treated as per law

Polish PGNiG starts gas production in Kirthar the company''s second overseas production site.

Polish gas distribution monopoly PGNiG said on Wednesday it had started gas production at its Kirthar concession, the company”s second overseas production site. PGNiG, which sold 14.7 billion cubic metres of gas to end users in 2012, most of it from Russian pipelines to Europe, said that...Polish PGNiG starts gas production in Kirthar the company''s second overseas production site.

CNG prices likely to go up from July 01, as 39 paisas per kilogram

The CNG prices are likely to go up from July 01, as 39 paisas per kilogram; increase will take place in Region-01 and 46 paisas in Region-2 after one per cent addition in GST. It is expected that the CNG prices will mount up on first day of July, after approval of Finance Bill-2013-14 from the...CNG prices likely to go up from July 01, as 39 paisas per kilogram

Pepco chief asked to provide distribution details

The Supreme Court on Wednesday directed Pepco Managing Director Zargham Eshaq Khan to submit area-wise equitable power distribution details to all categories of consumers throughout the country and also asked Chief Executive Officers of the Discos to remain present in the court during the next...Pepco chief asked to provide distribution details

Pesco disconnects power supply to MCP, FC, Afghan refugee camps

Peshawar Electricity Supply Company (Pesco) on Wednesday disconnected power supply to Municipal Corporation Peshawar (MCP), Frontier Constabulary (FC) Headquarters and Afghan Refugee Camps over non-payment of utility bills. According to a spokesman of the power distribution company, an arrear of...Pesco disconnects power supply to MCP, FC, Afghan refugee camps

Jabban Hydropower plant inaugurated in Khyber Pakhtunkhwa

Anwar Ahmad Khan, Secretary Ministry Water & Power, Philippe Thiébaud, Ambassador of France and Grégory Clémente, Vice-President Asia of French Development Agency (AFD) inaugurated the Jabban Hydropower plant in Khyber Pakhtunkhwa on Wednesday.
Jabban Hydropower Project is located on Swat...Jabban Hydropower plant inaugurated in Khyber Pakhtunkhwa

Oil edges higher

Oil edged higher on Wednesday, shaking off earlier losses following a large build up in US gasoline inventories, buoyed by gains in the stock market and heavy spread trading. Data from the US Energy Information Administration showing a 3.65 million barrel rise in gasoline inventories last week,...Oil edges higher

Renewable energy use gaining worldwide: IEA fastest-growing source of energy power generation

Renewables like solar and wind represent the fastest-growing source of energy power generation and will make up a quarter of the global power mix by 2018, the International Energy Agency said in a report Wednesday. The IEA said that in 2016 renewable energy will overtake natural gas as a power...Renewable energy use gaining worldwide: IEA fastest-growing source of energy power generation

Council of Common Interests (CCI) being approached for revising 2012 petroleum policy

ISLAMABAD: The new government has decided to seek approval of the Council of Common Interests (CCI) for amending the Petroleum Policy 2012, introduced by the previous Pakistan Peoples Party-led government, in an effort to ease additional burden of billions of rupees on the consumers.
The...Council of Common Interests (CCI) being approached for revising 2012 petroleum policy

Intel unveils latest range of processors slogan of Intel Pakistan as it unveiled its latest product

KARACHI: “What’s inside is what’s important” was the slogan of Intel Pakistan as it unveiled its latest product – the 4th generation Intel Core processors family – here on Tuesday.
The 4th generation Intel Core processors are capable of delivering up to 15% better performance than...Intel unveils latest range of processors slogan of Intel Pakistan as it unveiled its latest product

'Privacy' search engines see jump after NSA row

AFP_WASHINGTON: Internet users are taking a fresh look at “privacy” search engines that do not store data or track online activity, in light of the flap over US government surveillance.
While Google’s market share has not seen a noticeable dent, privacy search engines like...'Privacy' search engines see jump after NSA row

Power outages: Court seeks replies from NTDC, NEPRA officials

PESHAWAR: The Peshawar High Court (PHC) has asked the National Transmission and Distribution Company (NTDC) and National Electric Power Regulatory Authority (Nepra) why the former suspended power supply to Khyber-Pakhtunkhwa (K-P) from the national grid station.
The explanation was sought by a...Power outages: Court seeks replies from NTDC, NEPRA officials

IESCO launches customer care centres at F6 China Chowk and G9 Karachi Company

ISLAMABAD: In order to provide better facilities to its valued customers, IESCO has launched new state-of-the-art customer care centres, which remain open 24 hours. IESCO’s qualified/trained staff deployed in this centre will provide guidance to the customers. 
According to the details, IESCO...IESCO launches customer care centres at F6 China Chowk and G9 Karachi Company

USAID Power Distribution Programme to assist country curb energy crisis ‘Together we will create a roshan Pakistan’

ISLAMABAD: The USAID Power Distribution Programme under the project ‘Together we will create a roshan Pakistan’ will provide assistance to the government of Pakistan in its efforts to reform the power sector to mitigate energy crisis.
The programme will help DISCOs improve their performance...USAID Power Distribution Programme to assist country curb energy crisis ‘Together we will create a roshan Pakistan’

Alternative energy potential key to overcoming energy crisis overcoming energy crisis facing the country: PM

* Nawaz to personally monitor availability, consumption of electricity at PM’s office 
Alternative energy key to overcoming energy crisis: PM
ISLAMABAD: Prime Minister Nawaz Sharif on Wednesday said that Pakistan’s huge alternative energy potential holds the key to overcoming the
acute...Alternative energy potential key to overcoming energy crisis overcoming energy crisis facing the country: PM

‘Billions more needed to end energy crisis’ Punjab Chief Minister Muhammad Shahbaz Sharif

‘Billions more needed to end energy crisis’
* Punjab government to give Rs 4 billion Ramazan subsidy 
LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said that Punjab government has allocated Rs 22 billion for eliminating energy crisis, but added that he felt even more money was...‘Billions more needed to end energy crisis’ Punjab Chief Minister Muhammad Shahbaz Sharif

Wednesday 26 June 2013

South Sudan moves closer to oil pipeline to the south build two pipelines across East Africa

South Sudan has moved closer to its target of gaining access to a pipeline to export its oil to the south.
The presidents of Uganda, Kenya and Rwanda have agreed to build two pipelines across East Africa.
One would run from South Sudan to the Kenyan port city of Lamu and the other would stretch...South Sudan moves closer to oil pipeline to the south build two pipelines across East Africa

East Kent campaigners oppose National Grid pylons link The Campaign to Protect Rural England (CPRE)

Campaigners and MPs have opposed plans to connect the National Grid to Europe by installing pylons across east Kent.
A power link already exists between Belgium and Richborough. The planned Kent link would connect that Nemo Link to the National Grid near Canterbury.
Kent MP Roger Gale said...East Kent campaigners oppose National Grid pylons link The Campaign to Protect Rural England (CPRE)

Bicker Fen wind farm substation: Residents 'shocked' RWE N power Renewables is planning more than 250 offshore wind turbines at Triton Knoll

Residents say they are shocked at plans to build a substation the size of 30 football pitches in their village.
RWE N power Renewables is planning more than 250 offshore wind turbines at Triton Knoll but has faced opposition to building a substation on land.
The company said it had selected a...Bicker Fen wind farm substation: Residents 'shocked' RWE N power Renewables is planning more than 250 offshore wind turbines at Triton Knoll

Devon solar farm developers ask council to reconsider rejection ruling

Developers of a solar farm in Devon that was refused permission in February have asked Mid Devon District Council to “reconsider its reasons”.
More than 400 people objected to the original plans to erect 23,500 solar panels on 45 acres of farmland in Morebath, near Dulverton.
Juwi...Devon solar farm developers ask council to reconsider rejection ruling

Lack of drinking water, sanitation found major issues in prisons across Sindh

HYDERABAD, Inadequate toilet facilities and lack of sanitation and clean drinking water are major problems being faced by prisoners in majority of jails in the province, according to a team of senior officers of prison, home and health department.
The team visited the prisons on the directives...Lack of drinking water, sanitation found major issues in prisons across Sindh

Govt urged to ensure security: Chinese engineers in Jhimpir get threats management of some windmill power plants established in the Kohistan area

THATTA,  The management of some windmill power plants established in the Kohistan area has approached the Sindh government to seek security to its Chinese engineers who, it claimed, were receiving threats from anonymous callers asking them to leave the area or face consequences.
A number of...Govt urged to ensure security: Chinese engineers in Jhimpir get threats management of some windmill power plants established in the Kohistan area

Power cuts at Gharo pumping stations hit Karachi Water and Sewerage Board

KARACHI,  Due to power breakdowns, the Karachi Water and Sewerage Board could not supply 300 million gallons of water to the city from the Gharo pumping station over the past two days.
A KWSB notification on Tuesday said: “Supply to Gharo pumping station’s old pumping house was disconnected...Power cuts at Gharo pumping stations hit Karachi Water and Sewerage Board

Punjab government plans doubles spending on development in the present year.

THE Punjab government plans to more than double investment spending to Rs290 billion in the next fiscal year, from actual spending of Rs137 billion on development in the present year.
The focus of investment will be on infrastructure development (Rs 92.6 billion) in energy, road and irrigation...Punjab government plans doubles spending on development in the present year.

KESC got undue benefit of over Rs140 billion, Senate panel told agreements with the Karachi Electric Supply Company

ISLAMABAD: A Senate sub-committee was informed on Tuesday that agreements with the Karachi Electric Supply Company were amended in violation of rules and as a result the company got undue benefit of over Rs140 billion.
A meeting of the sub-committee on water and power, presided over by Shahi...KESC got undue benefit of over Rs140 billion, Senate panel told agreements with the Karachi Electric Supply Company

‘Govt to ensure business-friendly environment’ stable policy framework is missing because significant imbalances in macroeconomic framework

ISLAMABAD: Finance Minister Mohammad Ishaq Dar has said that the country’s identity as an economy with a stable policy framework is missing because significant imbalances in macroeconomic framework are posing major threats to the economic stability.
“Our economy is facing a number of...‘Govt to ensure business-friendly environment’ stable policy framework is missing because significant imbalances in macroeconomic framework

Changes in IT laws may not help realise higher revenues FBR field formations to implement

KARACHI: The government in the budget 2013-14 has proposed major amendments in Income Tax Ordinance 2001, which may be difficult for the FBR field formations to implement.
According to tax experts, the budget 2013-14 has proposed around 20 major amendments in the income tax laws which have...Changes in IT laws may not help realise higher revenues FBR field formations to implement

What's in Obama's plan to combat global warming? carbon pollution from new and existing power plants.

WASHINGTON—President Barack Obama’s wide-ranging plan to combat global warming would for the first time put limits on carbon pollution from new and existing power plants.
Obama on Tuesday announced plans to reduce domestic carbon dioxide emissions by 17 per cent between 2005 and 2020 and...What's in Obama's plan to combat global warming? carbon pollution from new and existing power plants.

Gas loadshedding: Unexpected gas shutdown irks industry Pakistan Textile Exporters Association (PTEA)

FAISALABAD: Sui Northern Gas Pipeline Limited (SNGPL) carried out its annual scheduled gas turnaround, cutting off gas supplies to allow for maintenance work and ease pressure on gas fields, but industry representatives in Faisalabad claim that SNGPL deviated from the schedule and textile mills...Gas loadshedding: Unexpected gas shutdown irks industry Pakistan Textile Exporters Association (PTEA)

Trade partners: Finance minister supports strong ties with the US during a Pakistan-US investment conference in Dubai,

ISLAMABAD: 
Finance Minister Ishaq Dar on Tuesday said Pakistan wants strong economic ties with the United States (US), during a Pakistan-US investment conference in Dubai, a private news channel reported.
According to the channel, the minister said that the national economy faces major...Trade partners: Finance minister supports strong ties with the US during a Pakistan-US investment conference in Dubai,

CNG sector hoping new govt will lift ban on equipment imports demand and declining supply of natural gas in Pakistan,

KARACHI: With rising demand and declining supply of natural gas in Pakistan, it seems that the newly-elected government will have to take some tough decisions regarding gas distribution. The different sectors dependent on the resource are expected to intensify their struggles to secure a...CNG sector hoping new govt will lift ban on equipment imports demand and declining supply of natural gas in Pakistan,

Rationing supplies: Govt plans energy audit to stem gas wastage National Accountability Bureau (NAB)

ISLAMABAD: 
The government is planning to tighten the noose around industry bigwigs and conduct an audit of two most influential sectors – fertilisers and textiles using captive power plants – in a bid to save and divert gas to power producers to overcome the energy crisis.
Since coming to...Rationing supplies: Govt plans energy audit to stem gas wastage National Accountability Bureau (NAB)

Disaster relief: Failing to help as minister, Sheikh hopes his NGO will fill the gap

KARACHI: As a minister for relief in Sindh, Pakistan Muslim League – Quaid’s Haleem Adil Sheikh struggled to help the flood survivors. Failing to make much difference, Sheikh now hopes to fill the gap with his new NGO.
“I saw children die from a lack of food and the indifferent attitude...Disaster relief: Failing to help as minister, Sheikh hopes his NGO will fill the gap

Officials accused of abusing perks, privileges Minister for Water and Power, Khawaja Asif

Minister for Water and Power, Khawaja Asif is reportedly being deliberately misguided by the top brass of the Ministry on perks and privileges being abused by them, sources close to Secretary Water and Power toldBusiness Recorder. The sources said, to power sector officials are not only misusing...Officials accused of abusing perks, privileges Minister for Water and Power, Khawaja Asif

federal government increases Power Ministry allocations by 25 percent Finance Ministry released only Rs 43.215 billion in 2012-13

The federal government has increased allocations to the Ministry of Water and Power by about 25 percent to Rs 56.439 billion for the financial year 2013-14 against Rs 45.192 billion earmarked in 2012-13. The Finance Ministry released only Rs 43.215 billion in 2012-13 citing financial crunch... federal government increases Power Ministry allocations by 25 percent Finance Ministry released only Rs 43.215 billion in 2012-13

Oil ends flat in thin trade, Brent/WTI spread narrows

Crude oil prices ended near flat in a sluggish day of trading on Tuesday as stronger equity markets put a floor under prices and Brent’s premium over US crude slid below $6. Some trading was attributed to squaring positions as traders bought contracts to cover short bets made on Monday as...Oil ends flat in thin trade, Brent/WTI spread narrows

Prosperity linked to resolution of energy crisis and pursuing an aggressive economic policy: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Tuesday said that progress and prosperity are not possible without addressing the energy crisis and pursuing an aggressive economic policy. The Prime Minister was talking to Sardar Awais Ahmad Khan Laghari, MNA who called on him at the Prime...Prosperity linked to resolution of energy crisis and pursuing an aggressive economic policy: Prime Minister

Government to pay power producers Rs 300 billion by June 28 clearing dues of private power producers (IPPs)

The government, while taking a timely step to ease power crisis, is clearing dues of private power producers (IPPs) by paying off roughly Rs 300 billion on June 28, 2013. “While payments to Gencos (public sector generation companies) will be made by August this year, the dues of IPPs till...Government to pay power producers Rs 300 billion by June 28 clearing dues of private power producers (IPPs)

Energy policy: government vows to increase generation up to 26,800 megawatts availability of lowest cost electricity to the consumers, i

Stepping forward to get rid of the menace of extreme electricity shortage, the federal government has finalised new energy policy in order to reduce the loadshedding across the country. According to the new policy, productivity of electricity will be increased up to 26,800MW in coming three...Energy policy: government vows to increase generation up to 26,800 megawatts availability of lowest cost electricity to the consumers, i

Tuesday 25 June 2013

Relief to common man hallmark of new energy policy: Prime Minister meeting was apprised by government's energy team about the salient features of the energy policy

Prime Minister Nawaz Sharif has said that efficiency, transparency and provision of maximum relief to the common man will be the hallmarks of new energy policy, which will be announced after the completion of a consultative process with all the stakeholders, including all federating units. The...Relief to common man hallmark of new energy policy: Prime Minister meeting was apprised by government's energy team about the salient features of the energy policy

Power sector: Prime minister apprised of features of new energy policy transparency will be maintained at all levels in the implementation

ISLAMABAD: 
Prime Minister Muhammad Nawaz Sharif chairing a meeting to review the country’s new energy policy on Monday said that transparency will be maintained at all levels in the implementation of the new energy policy.
He said efficiency, transparency and provision of maximum relief to...Power sector: Prime minister apprised of features of new energy policy transparency will be maintained at all levels in the implementation

Careful gas distribution can power all sectors: fertiliser makers Fertiliser Manufacturers Pakistan Advisory Council

KARACHI:  The Fertiliser Manufacturers Pakistan Advisory Council, a lobby group for the fertiliser industry, has sought judicious distribution of natural resources to keep all sectors of the economy running in order to step up economic activities and generate revenues for the national...Careful gas distribution can power all sectors: fertiliser makers Fertiliser Manufacturers Pakistan Advisory Council

Field Maintenance: Gas holiday for industrial units (CNG) filling stations in Faisalabad, Sargodha, Islamabad, Rawalpindi and Bahawalpur got gas from June 24

LAHORE: 
Sui Northern Gas Pipelines Limited has announced that industrial units of Faisalabad, Sargodha, Bahawalpur, Multan, Gujranwala, Gujrat, Islamabad and Rawalpindi will not get gas for the rest of the week. They received gas for one day only from June 24 (6am) to June 25 (6am).
Gas is...Field Maintenance: Gas holiday for industrial units (CNG) filling stations in Faisalabad, Sargodha, Islamabad, Rawalpindi and Bahawalpur got gas from June 24

Tajjal field: Austrian oil and gas firm OMV presses government to address gas price row

ISLAMABAD: 
Austrian oil and gas firm OMV has pressed the new government of Pakistan Muslim League-Nawaz (PML-N) to resolve the dispute over gas price for Tajjal field, part of the Gambat block in Sindh, granted to the company by the government under the Petroleum Policy 1994 that places no...Tajjal field: Austrian oil and gas firm OMV presses government to address gas price row

Helping hand: USAID supports mango exports from Pakistan in the international markets in an effort to help farmers.

ISLAMABAD: 
The United States Agency for International Development (USAID) is promoting Pakistani mangoes in the international markets in an effort to help farmers.
USAID through its Firms Project has to-date assisted three sea shipments during the current harvesting season carrying over 60...Helping hand: USAID supports mango exports from Pakistan in the international markets in an effort to help farmers.

Release of Payments: IPPs overjoyed at government’s decision attract new investment in the power sector and help reduce energy crisis

LAHORE: 
Independent Power Producers (IPP) Advisory Council Chairman Abdullah Yousaf, said the Council is hopeful that the government will honour its commitment this time around and provide relief to IPP investors and the general public at large.
“The new government is more committed to...Release of Payments: IPPs overjoyed at government’s decision attract new investment in the power sector and help reduce energy crisis

Powering up: Govt to finally pay Independent Power Producers (IPPs) Rs285b in outstanding dues

ISLAMABAD: 
As the government looks set to clear over Rs285 billion in outstanding dues of Independent Power Producers (IPPs) this week, a meeting of the country’s top economic decision making body has been called to find a way to settle some thorny issues in the matter.
The maiden meeting of...Powering up: Govt to finally pay Independent Power Producers (IPPs) Rs285b in outstanding dues

No assured water: Irrigation rest house, office torched Several farmers from Haroon Abad, a sub-district of Bahawalnagar, protested against the lack of water for their crops

MULTAN: 
Protesting farmers stormed the Irrigation office and the rest house in Bahawalnagar on Monday and set them on fire.
Several farmers from Haroon Abad, a sub-district of Bahawalnagar, protested against the lack of water for their crops. They said they were getting water for their fields...No assured water: Irrigation rest house, office torched Several farmers from Haroon Abad, a sub-district of Bahawalnagar, protested against the lack of water for their crops

Monday 24 June 2013

Watch out!: Unregistered consumers in for an unpleasant surprise would start charging five per cent extra sales tax,

KARACHI: 
The Karachi Electric Supply Company (KESC) announced that it would start charging five per cent extra sales tax, excluding federal taxes, from all those consumers who are not on the active taxpayers list.
These charges will take effect from June 13, 2003, in compliance with the...Watch out!: Unregistered consumers in for an unpleasant surprise would start charging five per cent extra sales tax,

Opposition demands probe into Thar coal project delay: Sindh Assembly continues debate on budget

Opposition in Sindh Assembly on Monday called for an inquiry into the delay in Thar coal project, saying that the PPP government spent Rs 50 billion on the project during the last five years but there was no signs of power generation. With Speaker Aga Siraj Khan Durrani in the chair, the house...Opposition demands probe into Thar coal project delay: Sindh Assembly continues debate on budget

Chinese firm to set up 50 megawatts wind power project at Gharo HydroChina International Engineering Company Limited,

A Chinese Company is coming up with a 50MW wind energy project in Gharo, some 60 kilometres from here. This was stated by Vice-President of the HydroChina International Engineering Company Limited, Wang Youngqiang, here on Monday. He said that the cost of the project has been estimated at $120...Chinese firm to set up 50 megawatts wind power project at Gharo HydroChina International Engineering Company Limited,

Karachi Electric Supply Company (KESC) receivables against government institutions stand at Rs 77 million

Karachi Electric Supply Company (KESC) said that it has disconnected electricity supply of some defaulter government institutions, which are working whether under the Federal or Provincial Government. KESC spokesman told Business Recorder on Monday that KESC was to recover Rs 20.80 million...Karachi Electric Supply Company (KESC) receivables against government institutions stand at Rs 77 million

Power outages continue unabated past few days and the citizens are leading their lives without electricity.

Power outages have increased amidst sweltering weather and people are suffering from sleepless nights because of frequent power breakdowns of around two-hour after every alternate hour. The weather has become unbearable for the past few days and the citizens are leading their lives without...Power outages continue unabated past few days and the citizens are leading their lives without electricity.

FMPAC seeks judicious distribution of gas natural resources in Pakistan Fertiliser Manufacturers Pakistan Advisory Council

Fertiliser Manufacturers Pakistan Advisory Council (FMPAC) has demanded judicious distribution of natural resources to keep all the sectors of economy running. Closing down few industries or giving priority to specific sectors would not resolve our economic issues hence the best way forward...FMPAC seeks judicious distribution of gas natural resources in Pakistan Fertiliser Manufacturers Pakistan Advisory Council

Iran-Pakistan (IP) gas pipeline project to be completed, National Assembly told

The government on Monday informed the National Assembly that Iran-Pakistan (IP) gas pipeline project would be completed and the agreement to this effect signed between the two countries would be implemented. This was stated by Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi in...Iran-Pakistan (IP) gas pipeline project to be completed, National Assembly told

Government taking measures to clear IPPs' dues by August, National Assembly told Federal Minister for Petroleum and Natural Resources

Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi on Monday told National Assembly that the government was taking measures on war footing to get rid of the loadshedding and resolve the issue of outstanding dues of IPPs amounting to Rs 503 billion in the second week of...Government taking measures to clear IPPs' dues by August, National Assembly told Federal Minister for Petroleum and Natural Resources

State-run oil, gas companies: Ministry initiates last five years'' audit Federal Minister for Petroleum and Natural Resources,

The Ministry of Petroleum has initiated audit and scrutiny of the past five years in all the state-run oil/gas companies, it is learnt. According to reliable sources in the ministry on the directions of Shahid Khaqan Abbasi, Federal Minister for Petroleum and Natural Resources, a special audit...State-run oil, gas companies: Ministry initiates last five years'' audit Federal Minister for Petroleum and Natural Resources,

Oil bounces off three-week lows Brent and US crude prices

Brent and US crude prices recovered from an early sell-off to three-week lows on Monday, rising as record flooding in Canada’s main oil producing province threatened exports to the United States. Major Canadian pipelines that move almost 1 million barrels per day (bpd) of Alberta oil sands...Oil bounces off three-week lows Brent and US crude prices

Romanian envoy calls on Shahbaz taking the energy crisis being faced by the country

Romanian Ambassador in Pakistan Emilian Ion called on Punjab Chief Minister Shahbaz Sharif in Islamabad on Monday. Matters of mutual interest and bilateral relations were discussed in the meeting. The CM said Pakistan Muslim League-N government is taking solid measures on war footing to cope...Romanian envoy calls on Shahbaz taking the energy crisis being faced by the country

Load shedding Energy Crisis in Pakistan solution Green Pakistan

working for the beterment of humanity and save global environment. We use alternate energy resources by installation of Solar & Bio Electric unit’s to make Pakistan green and peaceful.
Alternate Energy Welfare Organization Working for the Betterment of Humanity
Green Pakistan is working...Load shedding Energy Crisis in Pakistan solution Green Pakistan

Oil extends losses in Asian trade on the stronger US dollar and as investors await latest economic growth estimates

SINGAPORE: Oil prices were lower in Asian trade Monday on the stronger US dollar and as investors await latest economic growth estimates from the United States, the world’s top oil consumer, analysts said.
New York’s main contract, West Texas Intermediate light sweet crude for...Oil extends losses in Asian trade on the stronger US dollar and as investors await latest economic growth estimates

Asian Development Bank (ADB) to set up 2‚000 MW solar projects in Punjab

LAHORE (Online): Asian Development Bank (ADB) has agreed to set up 2‚000-megawatt solar power projects in Punjab province. Under the agreement signed with the Punjab government in Lahore‚ the bank will complete the projects in two years.
The first project of one thousand megawatts will be...Asian Development Bank (ADB) to set up 2‚000 MW solar projects in Punjab

residents of Rawalpindi city People spend sleepless night due to unscheduled loadshedding

Rawalpindi
The residents of Rawalpindi city and Cantonment localities spent sleepless night as majority of feeders and transformers tripped and electricity wires were burnt because of overload on Saturday night.
The residents of Pirwadhai, Defence Road, New Lalazar, Tariqabad, Adiala Road,... residents of Rawalpindi city People spend sleepless night due to unscheduled loadshedding

Govt fully aware of negative impact of loadshedding: Ahsan delegation of Islamabad Chamber of Commerce & Industry

Islamabad
Federal Minister for Planning and Developing Ahsan Iqbal has said that PML-N government is fully aware of the negative impact of loadshedding on trade and industry and Planning Commission is developing short-, medium- and long-term plans to overcome energy crisis.
He was exchanging...Govt fully aware of negative impact of loadshedding: Ahsan delegation of Islamabad Chamber of Commerce & Industry

Four-day exhibition of Brazilian documentaries from 27th

The Embassy of Brazil in Islamabad is proud to present the second Exhibition of Brazilian Documentaries, which will take place from June 27 to 30 starting at 6:00 p.m., at the embassy.
Four award winning documentaries, portraying different aspects of Brazilian political, social and cultural life...Four-day exhibition of Brazilian documentaries from 27th

Operation against public service vehicles PSVs launched for carrying multiple cylinders

Islamabad
The Islamabad Capital Territory (ICT) administration, Sunday, has initiated operation against public service vehicles carrying multiple CNG cylinders causing life threats to commuters, the spokesman for ICT administration said.
A team under the supervision of magistrate (Rural) checked...Operation against public service vehicles PSVs launched for carrying multiple cylinders

Iraq oil exports dip on weather, sabotage pipeline to the Turkish port of Ceyhan,

Iraq’s oil exports fell in May as poor weather hits its southern ports and saboteurs blew up a pipeline to the Turkish port of Ceyhan, the oil ministry said on Sunday. Iraq exported 76.9 million barrels of oil, equivalent to an average rate of 2.48 million barrels per day (bpd),...Iraq oil exports dip on weather, sabotage pipeline to the Turkish port of Ceyhan,

Shell to build Philippines' first LNG facility the Philippines' first liquefied natural gas (LNG) import terminal

Royal Dutch Shell aims to build the Philippines’ first liquefied natural gas (LNG) import terminal in the next two to three years, as Asia’s fastest-growing economy seeks to diversify its energy sources to meet robust demand. The terminal will be a floating facility near...Shell to build Philippines' first LNG facility the Philippines' first liquefied natural gas (LNG) import terminal

Most coal must stay in ground to save climate w Australian government agency report

Most fossil fuels must remain in the ground because burning them will unleash changes that will “challenge the existence of our society”, a new Australian government agency report warned on June 17. The Climate Commission study found that the burning of fossil fuels such as coal, a...Most coal must stay in ground to save climate w Australian government agency report

Energy crisis hits industry and agriculture: Shahbaz for private power projects

Chief Minister Punjab Muhammad Shahbaz Sharif here on Sunday stated that energy crisis adversely affected agriculture, trade, industry and exports of the country. This he stated while meeting Nishat Group Chairman Mian Muhammad Mansha along with a delegation of traders, bankers and...Energy crisis hits industry and agriculture: Shahbaz for private power projects

Filter plant hit by raw water filter plant Wasa (Water and Sanitation Agency)

HYDERABAD,  Raw water gushing out of a damaged section of a 64-inch diameter pipeline for several months finally made its way into the Wasa (Water and Sanitation Agency) filter plant after inundating a vast area around the building on Sunday.
The pipeline, originating from the Indus river and...Filter plant hit by raw water filter plant Wasa (Water and Sanitation Agency)

Minister tells PA: Federal officials impeding new hydel power projects in the province KP

PESHAWAR, Khyber Pakhtunkhwa Minister for Finance Sirajul Haq has said that bureaucracy in Islamabad has become a stumbling block in the execution of new hydel power projects in the province.
Concluding discussion on annual budget for the year 2013-14 in Khyber Pakhtunkhwa Assembly on Sunday, he...Minister tells PA: Federal officials impeding new hydel power projects in the province KP

For new government, rethinking governance is a must financial legacy handed over to the new managers of Pakistan’s economy,

LONDON: Given the economic conditions the country finds itself in, and the financial legacy handed over to the new managers of Pakistan’s economy, it is not unreasonable to assert that anyone expecting a friendly budget lived in a fool’s paradise.
 financial legacy Pakistan’s...For new government, rethinking governance is a must financial legacy handed over to the new managers of Pakistan’s economy,

The reality behind unending energy woes shortage of electricity means children cannot study at night,

ISLAMABAD: A shortage of electricity means children cannot study at night, people cannot run businesses during the day, and clinics and hospitals cannot provide health services. The energy crisis that has lingered on over the years has not only affected the daily life of the people of Pakistan,...The reality behind unending energy woes shortage of electricity means children cannot study at night,

Wind power plant: More security for Chinese The Three Gorges First Wind Farm Pakistan (pvt) Limited

KARACHI: 
The Sindh government on Sunday decided to enhance deployment of police and Rangers to allay security threats to Chinese engineers at a wind power plant site in Jhampir, a remote area of Thatta district.
The local people were intimidating foreigners to leave the project site, the chief...Wind power plant: More security for Chinese The Three Gorges First Wind Farm Pakistan (pvt) Limited

Oil tankers terminal: SC warns defaulter stakeholders of contempt proceedings

KARACHI: The Supreme Court has cautioned that the stakeholders, including the Karachi Metropolitan Corporation (KMC), would face contempt proceedings if they continued to default on their share of payments for the construction of a terminal for oil tankers at Zulfikarabad, on Thursday.
A...Oil tankers terminal: SC warns defaulter stakeholders of contempt proceedings

‘Quantum leap’: Site inspections of private medical colleges yet to begin National Accountability Bureau (NAB)

LAHORE: 
The Pakistan Medical and Dental Council (PMDC) and the National Accountability Bureau (NAB) have yet to start joint site inspections of private medical colleges. The NAB blames the medical council for the delay.
The Council and the Bureau were to start with the inspections on June 10....‘Quantum leap’: Site inspections of private medical colleges yet to begin National Accountability Bureau (NAB)

Sunday 23 June 2013

Public-private partnership: Asian Development Bank (ADB) to set up solar energy projects in Punjab under public-private partnership in Punjab.

Asian Development Bank (ADB) and Punjab government have agreed to enhance co-operation in energy sector. ADB would set up solar energy projects under public-private partnership in Punjab. The first project of solar energy will be completed within a year whereas ADB will complete 2000MW solar...Public-private partnership: Asian Development Bank (ADB) to set up solar energy projects in Punjab under public-private partnership in Punjab.

US natural gas futures end lower as forecasts turn milder The SMC Report in Arkansas,

US natural gas futures ended lower on Friday for the second straight day, pressured by a slightly milder trend in the extended weather outlook despite expectations for some near-term heat that should kick up demand in the Northeast and Midwest.
“It was a hot-weather play early in the week,...US natural gas futures end lower as forecasts turn milder The SMC Report in Arkansas,

Punjab to provide bio-gas and solar-powered tube-wells to farmers: Punjab Minister for Agriculture, Dr Farrukh Javed

Punjab government will provide bio-gas and solar-powered tube-wells to the small farmers of the province with a cost of Rs 7.5 billion. This was disclosed by Punjab Minister for Agriculture, Dr Farrukh Javed at a meeting held at the Agriculture House to review the project of distributing bio-gas...Punjab to provide bio-gas and solar-powered tube-wells to farmers: Punjab Minister for Agriculture, Dr Farrukh Javed

Japanese consortium, Gazprom to agree to build LNG plant

A consortium led by Japanese trading house Itochu Corp is likely to agree as early as Saturday to build an LNG plant in Russia with Gazprom , the Nikkei newspaper reported, to meet Japan’s growing energy needs. The Japanese group and Russia’s top energy producer will build the...Japanese consortium, Gazprom to agree to build LNG plant

Petroleum ministry team to discuss key energy projects in Dubai including Iran-Pakistan, Turkmenistan-Afghanistan-Pakistan-India pipeline projects

A Petroleum Ministry delegation will visit Dubai to discuss crucial oil and gas projects, including Iran-Pakistan, Turkmenistan-Afghanistan-Pakistan-India pipeline projects and setting up of an oil refinery in Gwadar with officials of relevant countries, it is learnt. According to sources in the...Petroleum ministry team to discuss key energy projects in Dubai including Iran-Pakistan, Turkmenistan-Afghanistan-Pakistan-India pipeline projects

Hayatabad residents facing water shortage Peshawar Development Authority (PDA)

PESHAWAR (APP): Despite repeated complaints lodged by residents of Hayatabad Township about severe water crises in different sectors the authorities concerned did not resolve the problem so far.
Talking to media Director Water Supply Section Peshawar Development Authority (PDA) Daud Khan said...Hayatabad residents facing water shortage Peshawar Development Authority (PDA)

Efforts underway to introduce electronic voting system: CEC Election Commission of Pakistan (ECP)

LAHORE (APP): Chief Election Commissioner Fakhruddin G Ebrahim on Thursday said that the Election Commission of Pakistan (ECP) was ready to hold local bodies election.
Talking to media persons here at the Lahore High Court, he said that it happened first time in the country that power was...Efforts underway to introduce electronic voting system: CEC Election Commission of Pakistan (ECP)

energy crisis Promise to rid the people of load-shedding: CM

LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said that energy crisis has badly affected every sector of life. He said that Pakistan Muslim League-N government is making sincere efforts on war footing for overcoming shortage of electricity and the promise to rid the people of the...energy crisis Promise to rid the people of load-shedding: CM

CEOs asked to provide complete data of power demand & supply

LAHORE (INP): Punjab Energy Minister Ch. Sher Ali Khan has directed Chief Executive Officers of power distribution companies in Punjab to provide a complete data of demand and supply situation of the electricity as well as list of consumers of different categories besides the tube-wells for...CEOs asked to provide complete data of power demand & supply

Power shortage a shame for govt: PTI

KARACHI (NNI): Pakistan Tehreek-e-Insaf Central President Labor Wing Zubair Khan termed the ongoing terrible load shedding as a result of ineffective selfish policies of the Government. He said, “Power shortage in a country equipped with nuclear technology is a shameful fact. It is in a...Power shortage a shame for govt: PTI

Vice Governor of Sichuan Province, China visits TDAP Trade Development Authority of Pakistan,

KARACHI (NNI): A 9-member delegation under the leadership of Gan Lin, Vice Governor Sichuan Province of China visited Trade Development Authority of Pakistan, Karachi. The delegation was welcome by Nusrat Iqbal Jamshed, Senior Director General TDAP and other officers. Gan Lin, Vice Governor...Vice Governor of Sichuan Province, China visits TDAP Trade Development Authority of Pakistan,

Saturday 22 June 2013

Towards safer environment in our country

Aamna Yousuf Mir
With our present approach to development, we are increasingly risking the loss of the very foundation of our own survival. The variety of life on our planet – known as ‘biodiversity’ – gives us our food, clothes, fuel, medicine and much, much more. A world without...Towards safer environment in our country

‘Private sector can help resolve energy crisis’ increasing electricity production

LAHORE STEPS are being taken on emergent basis to overcome energy crisis and a comprehensive strategy will be evolved after seeking proposals from all the departments concerned in order to formulate a better policy, said Punjab Energy Minister Sher Ali Khan here Saturday.
Presiding over a...‘Private sector can help resolve energy crisis’ increasing electricity production

Delay in two Punjab power projects costs Rs113 billion execution of 950-megawatt projects of Nandipur and Chichon-Ki-Malian in Punjab,

ISLAMABAD: The national exchequer suffered a colossal loss of Rs113 billion due to the negligence of the Federal Law Ministry for prolonged dithering on providing necessary approval and completing documents for the execution of 950-megawatt projects of Nandipur and Chichon-Ki-Malian in Punjab, a...Delay in two Punjab power projects costs Rs113 billion execution of 950-megawatt projects of Nandipur and Chichon-Ki-Malian in Punjab,

Annual Development Programme (ADP) funds: ‘Low utilisation speaks of poor governance’

LAHORE: 
The overall utilisation of the Annual Development Programme (ADP) funds during the last five years in the Punjab was 68 per cent of the allocations in budgets.
A senior Planning and Development Board official said on Friday ADP utilisation of 85 per cent was considered ‘good.’ He...Annual Development Programme (ADP) funds: ‘Low utilisation speaks of poor governance’

‘Research key to staving off famine’ University of Agriculture, Faisalabad,

FAISALABAD: 



The government should establish a chain of agriculture schools in northern Punjab so that educated manpower is available to tackle food insecurity, Iqrar Ahmad Khan, the University of Agriculture, Faisalabad, Vice Chancellor, said on Saturday.

Khan said the rapid increase in...‘Research key to staving off famine’ University of Agriculture, Faisalabad,