The government has launched an ambitious plan for transformation of the agriculture sector. It has embarked upon a short-term plan for the growth of agriculture sector, whereas long-term perspective plan is underway. Several measures have been adapted in this context. The State Bank of Pakistan has set the agriculture credit target of Rs1.7 trillion for the year 2022-23. Farm modernisation…
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The Khan administration has tabled two controversial bills in the two houses of parliament – 343 billion rupees money bill though its passage was required by a majority only in the lower house and the State Bank of Pakistan (SBP) amendment bill that envisages its autonomy – prior conditions imposed by the International Monetary Fund (IMF) and agreed on 24…
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Indonesia, the world’s biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low coal supplies at domestic power plants. Indonesia, the world’s biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low…
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Total of 34.8 billion cubic meters (bcm) of gas was transported to Turkey and Europe in two years via the TurkStream pipeline. The pipeline was inaugurated on Jan. 8, 2020, by President Recep Tayyip Erdoğan and his Russian counterpart Vladimir Putin. Around 18 bcm of gas flowed to Turkey and 16.8 bcm to Europe via the TurkStream Natural Gas Pipeline,…
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Two hydropower projects of cumulative capacity of 1824.7MW being established in Azad Jammu and Kashmir (AJ&K) have raised serious concerns on proposed withdrawal of tax exemptions including imposition of 17 percent GST on import equipment and machinery. Li Xiaotao, Chief Executive Officer, Azad Pattan Hydropower Project and Zhang Jun CEO/Team Leader Kohala Hydropower Project have written letters to Special Assistant…
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Murunj Dam Project to be constructed on Kaha Nullah, 116 km west of Rajanpur would generate 12 megawatt (MW) cheap and environmental-friendly electricity, while having the gross water storage of 800,000 acre feet. Kaha Nullah is one of the largest hill torrents of the Koh-i-Sulaiman Range located in the vicinity of Rajanpur with average annual inflows of 183,000 acre feet.…
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FESCO’s Board of Directors (BoD) has approved the purchase of new transformers, electricity poles, wires and other gadgets with an estimated cost of Rs 6.1 billion to improve power transmission and distribution system of the company. A spokesman for the Faisalabad Electric Supply Company (FESCO) said on Sunday the company had so far purchased 8200 new transformers, 8350 kilometers conductors…
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The Sui Southern Gas Company (SSGC) has reported a further drop of 40 million cubic feet per day (mmcfd) of gas in its system from two production fields, widening the gap between the demand and supply of the fuel in the current winter season to over 300mmcfd on Saturday. “SSGC is facing a cumulative drop of 40mmcfd from Bhit and…
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Detailed SOPs framed and implemented for many years for the traffic and snow clearance arrangements in Murree during the winter season seem to have been ignored by the Buzdar government. A copy of the nine-page SOPs, issued during the last government, envisaged a comprehensive joint action plan of all departments concerned with detailed mechanisms to ensure snow clearance and smooth…
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Nagpur Municipal Corporation produces Bio-CNG and green hydrogen from waste. This eliminates the need for the body to bear additional capital spending and operating or maintenance costs. Municipalities use approximately 1,050 metric tons of waste to extract Bio-CNG. NMC supplies a Dutch-based company with 1,000 MT of wet and dry waste daily, and the company purchases 25 acres of land…
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