Chief Executive Officer (CEO) Karachi Electric (KE), Moonis Alvi on Thursday said that the power utility’s unpaid receivables are a serious threat to investments in power projects in Karachi. Talking exclusively with Business Recorder, he said that K-Electric has launched an appeal for the recovery of dues of more than Rs 50 billion, pending with the government of Sindh (GoS)…
Read MoreDay: January 10, 2020
Gas shortage: Minister assures traders of taking up issue with Centre
Provincial Minister of Local bodies Sindh, Nasir Hussain Shah, has assured industrialists of his help taking up the issue of gas outage in industrial areas of the city with the federal government. Speaking at a meeting of Korangi Association of Trade & Industry (KATI), he said that many of projects to improve connectivity would be start soon. He said that…
Read MoreByco’s Silver Jubilee celebrations
Byco Petroleum Pakistan Limited is celebrating its Silver Jubilee. Byco was founded on 9 January 1995, and has become Pakistan’s largest oil refining company by installed capacity in the past quarter century. Byco has made untiring efforts to serve the nation and to achieve its mission of becoming Pakistan’s premier Oil Company despite facing serious obstacles in its path. Byco’s…
Read MoreSindh consumers must not be burdened with high cost of RLNG: CM
Sindh Government on Thursday rejected any attempt of Federal Government to work out natural gas tariff by including RLNG into existing Weighted Average Cost of Gas (WACoG). This clear message has been sent by Chief Minister, Sindh, in a letter to Prime Minister Imran Khan in reaction to a recent media briefing by the Prime Minister’s special Assistant on Petroleum,…
Read MoreRenewables Poised to Support New Age of Development as Global Decision Makers Gather for 10th Assembly
Abu Dhabi, United Arab Emirates, 10 January 2020 — More than 1,500 delegates and high-level participants including prime ministers, ministers, heads of international and regional organisations together with leaders from financial institutions and private sector entities will gather in Abu Dhabi tomorrow for the Tenth Session of the International Renewable Energy Agency (IRENA) Assembly. The decision makers will come together to accelerate the uptake…
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