The federal government has taken serious notice of massive complaints regarding supply of substandard petrol and petroleum products in less amount and downsized amount to the consumers.
Read MoreMonth: April 2023
Economy Still in ICU
In a televised address to the nation, Finance Minister Ishaq Dar explained his reason for not attending the World Bank/International Monetary Fund (IMF) spring gatherings to mollify currently unsteady market fears
Read MoreInternal Issues Repeal of Rules Affect NEPRA Performance
The power area’s administrative body, Public Electric Power Administrative Power (NEPRA), is supposed to confront an emergency like circumstance because of drawn out defer in endorsement of undertakings,
Read MoreDiscos Allowed To Extract Additional Rs15bn From Power Consumers
Around 100 plants paid Rs99bn in limit installments in Oct-Dec notwithstanding a large portion of them working at beneath 20pc
With close to 66% of force plants working at under 20% use factor, the Public Electric Power Administrative Power (Nepra)
Read MoreImport Restrictions Impacting 9 of 10 Businesses OICCI Survey
Import limitations as well as cutoff points on settlement of benefits positioned the most elevated in factors adversely affecting the vast majority of organizations over the most recent three months, a study uncovered.
Read MoreIMF Slashes Pakistan’s Growth Outlook To 0.5pc
Hinting at entrenched high inflation, the International Monetary Fund (IMF) on Tuesday lowered its forecast for Pakistan’s economic growth rate for the current fiscal year to just 0.5 per cent, with inflation going beyond 27pc and the unemployment rate increasing to 7pc.
Read MoreSolar Power A Ray of Hope For Pakistan’s Beleaguered Energy Sector
Pakistan can massively curtail its expenditure by utilising its vast potential for renewable energy generation for example, hydropower, wind, sunlight based and biomass, said an environmentally friendly power master.
Read MoreGovt Decides To Use Local Not Imported Furnace Oil For Power Generation Dastgir
To reduce the impact of dollar exchange rate on the electricity cost, the government has decided to ban the import of furnace oil and use locally produced furnace oil for power generation. As per the projections of the Ministry of Energy, for the upcoming summer season,
Read MoreSolar Grids Bring Relief to Sindh
Indus Earth Trust (IET), an organisation promoting green energy, has provided a life-changing solution for residents of Ishaq Jokio, a small settlement in the Sindh province of Pakistan. The 19-kilowatt mini-grids powered by solar energy have transformed the lives of people, who have been accustomed to enduring long hours of power cuts during peak consumption in summer.
Read MoreMOU BETWEEN OGDCL AND PARCO – NEW VENTURES AND ENERGY TRANSACTION
Oil & Gas Development Company Limited (OGDCL) and PARCO ink MOU for new projects, as part of business diversification and energy transition strategy.
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