ISLAMABAD: A more integrated mechanism is needed to harness water resources across the country to achieve water, food and energy security, said Water and Power Development Authority (Wapda) Chairman Muzammil Hussain. Briefing a delegation of the National Security Workshop, National Defence University (NDU) on Friday, the chairman said that Wapda had been constructing eight mega projects including Diamer-Bhasha Dam, Mohmand…
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Businessmen from the shipping industry have called on the Karachi Port Trust (KPT) to widen the backup area at Karachi Port for quick offloading and loading of cargo. In a statement on Thursday, Pakistan Stevedores Conference President Tariq Haleem said that free movement of transport was essential for quick discharging and loading of cargo and for the purpose, the backup…
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The Power Division has again moved a summary to the Economic Coordination Committee (ECC) regarding release of payments to Independent Power Plants (IPPs). It moved a summary in the wake of a letter received by the National Accountability Bureau (NAB). The government had already signed agreements with IPPs to pay Rs403 billion in instalments. The anti-corruption watchdog is currently investigating…
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KARACHI: No plantation campaign can increase green cover of the city unless the government enacts a Karachi-specific law for tree protection and plantation and imposes a strict ban on cutting of tree/s, unless it is authorised by an expert committee representing all stakeholders, including the academia. This body should also serve as a legal authority on granting permission for tree…
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ISLAMABAD: After a controversy over the scope of audit of Prime Minister’s flagship Ten Billion Tree Tsunami Programme, the Ministry of Climate Change has finally agreed on an special audit to be conducted by the office of the auditor general of Pakistan. Earlier, due to “technical reasons” the ministry had requested the auditor general of Pakistan not to carry out…
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ISLAMABAD: After constitution of a committee on construction of new Liquefied Natural Gas (LNG) terminals, the gas utilities are said to have expressed concerns over supply issues in the existing pipeline network based on the government’s plan for providing gas to new domestic consumers and other sectors. Last week, a meeting at the Ministry of Maritime Affairs constituted a six-member…
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Pakistan’s vivacious media, over the last few weeks, hasn’t commented more extensively on any other topic other than Prime Minister Imran Khan’s chameleonic transfiguring of his Cabal. Several ministers, top civil servants, and Police chiefs have been changed using former US President Donald Trump’s template. In subcontinental aphorism—India’s Nehru, during his illustrious political career, didn’t change his ‘Dhotees’ that frequently…
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President Joe Biden’s cabinet earlier this week unveiled a plan to boost the industry that promised new acreage, faster permitting, and billions of dollars in financing – part of his sweeping plan to fight climate change by decarbonizing the economy. “The distinction now is that we have a president and an administration that is really harnessing this opportunity to fight…
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Pakistani currency continues its surge against the US Dollar in interbank market with the greenback losing its value to reach Rs 153.1 making it the lowest since June 13, 2019. On Wednesday, the PKR opened the trading day at 153.1 against USD, it even dropped to the day low of 151.200 before it rebounded. Since August 2020, PKR has continued…
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KARACHI: The Searle has signed an agreement with Chinese pharmaceutical group for the manufacturing of novel coronavirus vaccine in Pakistan. The Searle Company has concluded an exclusive licensing and supply agreement with Livzon Mapharm Inc. for the recombinant novel coronavirus vaccine (V-01). The licencing agreement also covers the manufacturing transition of (V-01) in Pakistan,” a bourse filing said on Thursday.…
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