The Saudi Fund for Development (SFD) has signed a US$240 million loan agreement to support Pakistan’s Mohmand Multipurpose Dam Project, a major hydropower complex that will contribute to Pakistan’s energy security, increase sustainable water supply for agriculture and human consumption and improve resilience to floods.
Read MoreMonth: April 2023
OGDC Engages Chinese Firm To Complete Uch-1 Gas Project
The Oil and Gas Development Company (OGDC) has connected with a Chinese organization HBP to finish the Uch-1gas field blowers project.Now the OGDC the board has drawn in the Chinese organization that has looked for 3-4 days to answer.
Read MoreSolar Panel Net Metering The Customer Side
Rooftop solar panels by domestic power consumers have gotten pace as of late because of reasons like the increasing expense of lattice power. What’s more, it’s undeniably true’s that sun based is best worked at dispersed levels as the misfortunes are less. Nonetheless,
Read MoreCentre Provinces Declaration Power Transmission Will Be Treated As Service From July 1
The federal government and provinces have proclaimed that the transmission of power would be treated as a help from July 1, 2023, for which the Business Expense Act would be corrected through the following Money Bill.
Read MoreParco On Verge of Closure as Diesel Stocks Jump
As the smuggled Iranian oil floods Pakistan’s markets over weak government control because of dollar deficiency, diesel stocks have leaped to the notable degree of 46 days of utilization, pushing the country’s biggest treatment facility, Pak-Middle Easterner Processing plant Restricted (Parco), towards closure.
Read MoreCM Sindh urges fed govt to revisit gas distribution policy to redress Sindh’s grievances
Sindh Chief Minister Syed Murad Ali Shah and Federal State Minister for Petroleum Musadik Malik have agreed to revisit the gas distribution policy to redress the grievances of the province that produces over 60 percent of the national gas.
Read MoreWith Effect From Jan 1 2023: Category-Wise Consumer Gas Prices Revised by Govt
The federal government revised the category-wise consumer gas prices with effect from January 1, this year, to meet incomes of Sui organizations during current monetary year and to stay away from stream of roundabout obligation and
Read MoreJudgement on Reducing KE’s Subsidy Reserved
Amid consumers’ opposition, the National Electric Power Regulatory Authority (NEPRA) saved judgment on the public authority’s solicitation for decreasing power sponsorship by about Rs20 billion through about Rs6.02 per unit expansion in K-Electric’s customer end tax from April to June.
Read MoreFire Rips Through Chinese Camps at Dasu Dam
Dasu hydropower project’s warehouses and residential camps of Chinese engineers and workers were gutted in a heavy fire in the Barseen area of Lower Kohistan in the wee hours on Tuesday.
Read MorePSO’s Receivables Surge To All Time High of Rs742.3b
Pakistan State Oil (PSO) is confronting a monetary emergency in the midst of the progressing drop of the Pakistani rupee against the US dollar. The organization has booked cases of Rs6.7 billion against gas Utility-Sui Northern Gas Pipeline Restricted (SNGPL) for the stockpile of Melted Petroleum gas
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