Minister to take up gas issue

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…

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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…

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Air 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,…

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Industry’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…

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Power 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…

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