The Pakistani rupee fell from 152 rupees to the dollar in May 2021, the rate used for budget projections, to 179 rupees to the dollar and then recovered to 176.51 rupees on 7 January 2021. There is a perception in this country that the rupee value is market-based, as part of the staff- level agreement on 12 May 2019 between…
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The irrigation department and Wapda on Monday signed a Memorandum of Understanding for rehabilitation and solarisation of water supply schemes. Under the agreement, the existing water supply schemes would be upgraded and solarised in different union councils of the provincial capital with the support of the European Union’s Grant Community Development Project. The issue of power supply to these schemes…
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Members of National Assembly across the political divide expressed their anger at the prolonged unscheduled load shedding, exorbitant electricity bills, corruption, mismanagement and non-availability of required material on Monday. Presided over by Chaudhry Salik Hussain, the committee spent most of its time on the complaints of its members and half a dozen special invitee National Assembly members. The Members from…
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Faisalabad Economic and Industrial Zone has been provided electricity and gas supply. In this regard, a 132-KV grid station and a gas supply line at CPEC’s Allama Iqbal Industrial City have been inaugurated by Federal Minister of Energy Hammad Azhar. On the occasion, Federal Minister for Energy Hammad Azhar said that the current government is trying to solve the problems…
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Several countries have announced their plans to make their transport sectors fully electric in a bid to reduce CO2 emissions. The Government of Pakistan has also joined the mission, offering various incentives to the electric vehicles (EVs) segment for its normalization in the country. However, the policy has been spurned by several industry experts, including the CEO of Lucky Motor…
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K-Electric is currently facing an acute shortage of gas supply and receiving only 35mmcfd gas. KE Spokesperson on the matter has stated, “while the utility continues to provide uninterrupted power supply to the city by generating electricity through alternate fuels under Economic Merit Order (EMO), this chronic gas shortage is hampering the company’s ability to produce cheaper electricity that may…
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