December 27, 2019: The year 2019 turned out to be a historic one for development of water and hydropower resources in Pakistan, as record generation of hydel electricity was supplied to the National Grid during the year, besides initiating construction work on Mohmand Dam in May this year after five decades. The hydel power stations owned and operated by WAPDA provided…
Read MoreDay: December 27, 2019
Karachi industrialists lambaste gas shortages
KARACHI: Leaders representing Karachi Industrial Forum and members of different textile bodies have criticised the utility company over its failure to supply gas to industrial units and warned of protests in case the Sui Southern Gas Company (SSGC) failed to restore gas at normal pressure. Addressing a press conference at the Karachi Press Club on Thursday, they said that by…
Read MoreGovernment urged to resolve CNG crisis
Chairman of All Pakistan CNG Association (APCNGA) Ghiyas Paracha while expressing serious concerns over the closure of CNG stations across the country has urged the government to resolve the crisis on immediate basis otherwise the association along with transporters will take to the roads and streets. He said that following the closure of CNG stations in Punjab, Sindh, Islamabad now…
Read MoreLocal refineries approach govt as furnace oil crisis looms
Amid reports of furnace oil crisis, local Pakistani refineries including National Refinery Limited and Attock Refinery Limited have decided to take up the matter to the Ministry of Energy. “Reference to several articles published in several newspapers on the issue of Furnace Fuel Oil (FFO) crisis being faced by local refineries, the company’s management along with other local refineries has…
Read MoreNEPRA raises electricity tariff by Rs1.56 per unit
The National Electric Power Regulatory Authority (NEPRA) has dropped another inflation bomb on electricity users, as it increased on Wednesday power tariff once again. The electric power regulator NEPRA has approved a hike Rs1.56 per unit increase in electricity prices, which would add a burden of Rs14.50 billion on the pockets of consumers. As per details, NEPRA Chairman Tausif H…
Read MoreSaudi Arabia, Kuwait end dispute over shared oil fields
RIYADH: Saudi Arabia and Kuwait have ended a nearly five-year-long dispute over shared oil fields and have agreed to resume oil production from the divided Neutral Zone, but stressed this would not change their OPEC commitments to crude oil production cuts. The allied Gulf Arab nations signed the agreement in Kuwait City on Tuesday. Local media reported that about 300,000…
Read MoreDeadlock persists as provinces refuse to give up ‘first right of use’ of natural gas
ISLAMABAD: Provinces have turned down a proposal floated by the federal government that asks provinces to withdraw their first right of use over natural gas and give top priority to domestic consumers across the country. The proposal, taken up by the Council of Common Interests (CCI) in its recent meeting, was aimed at overcoming the emerging gas crisis in winter. Under…
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