Makhdoom Hashim Javan Bakht, Punjab’s finance minister, on Thursday assured All Pakistan Textile Mills Associations (APTMA) for pursuing issue of gas shortage to the export industry with the federal government. He was talking to a APTMA delegation led by central chairman Abdul Rahim Nasir and other office-bearers. The minister assured the delegation of full support from the provincial government to…
Read MoreYear: 2021
Gas crisis to hit GDP growth
Industrialists have voiced fear that the ongoing gas crisis will deal a lethal blow to the country’s gross domestic product (GDP) growth, bring down export orders and increase the cost of production for the business community. In a statement on Thursday, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Nasser Hyatt Maggo stated that the failure of the government…
Read MoreAir quality monitoring stations proposed for major cities in KP
The Provincial Disaster Management Authority (PDMA) has prepared the Khyber Pakhtunkhwa Winter Contingency Plan calling for the establishment of air quality monitoring stations in major cities of the province. According to the PDMA, the initiative is meant to assess preparedness at provincial and district levels to handle emergency situations. A report carrying details of the contingency plan has declared snowfall,…
Read MoreK-Electric seeks Rs5.5 per unit hike in power tariff
The K-Electric, the sole power utility in Karachi, on Thursday submitted a request to the National Electric Power Regulatory Authority (Nepra) seeking a hike of Rs5.50 in tariff under fuel adjustment charges. According to the request, the power utility has requested an increase of Rs5.18 for July to September 2021, and rupee 0.32 for November. The national power regulator will…
Read MoreSindh governor assures CNG dealers of crisis resolution
Sindh Governor Imran Ismail on Thursday assured a delegation of compressed natural gas (CNG) dealers for taking up the issue of pump closures and their proposals relating to smart load management during his meeting with Prime Minister Imran Khan in Islamabad on Friday. During a meeting with a four-member delegation of the CNG Association at the Governor House, the governor…
Read MoreTask Force Activated to Allow More LNG Imports via Gwadar Port
The Cabinet Committee on Energy (CCoE) on Thursday issued directions for activation of a task force as required under LNG Policy 2011 and asked the ministries of Maritime Affairs and Energy to come up with their considered views with clarity on how to allow additional future Liquefied Natural Gas (LNG) imports through Gwadar Port. The meeting of the CCoE presided…
Read MoreIndustry’s gas woes
BONA FIDE textile and clothing exporters have started suffering production losses as the row between the industry and energy ministry over the complete suspension of gas supplies for captive power continues. While the ministry’s action may not leave as extensive an impact on the industry’s overseas shipments during winter as is being maintained by APTMA, it has already compelled many…
Read MorePower Generation: Nuclear To the Rescue
Power generation in November 2021 went up by 14 percent year-on-year. The same has gone by nearly 9 percent for Jul-Nov period year-on-year. These are good numbers, without being extraordinary. The suggestion from different quarters—that these numbers indicate a switch to electric heating from natural gas users in the wake of concessional winter package on incremental electricity consumption—is unfounded. Recall…
Read MoreAPCNGA Starts Countrywide Protest Against no Gas Supply
The All Pakistan CNG Association (APCNGA) started a nationwide protest on Wednesday against the illegal gas supply cut off to the CNG sector. According to a statement, a protest and sit-in was held outside the office of Sui Southern by the APCNGA and Sindh CNG Association, after which the protest will be extended to Punjab, it added. APCNGA group leader…
Read MoreGwadar Water Crisis Set to End Next Year
Gwadar’s water nightmare, shortage and contamination, is going to be over next year as about 168,000 residents of the port city are all set to be recipients of sufficient supply of clean drinking water, Gwadar Pro reported on Wednesday. This will take place after the materialization of many water management projects including water-pipe distribution system from three dams, replacement of…
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