KARACHI: Dr. Gohar Ejaz, Minister of Commerce, Production & Industry, stated that it is imperative that Pakistani exporters, especially textile related, must comply with all ILO International Labor Standards including Occupational Safety and Health Standards(OSH), in order to manifest their progressive march towards achieving the objectives of huge increase in exports. He was talking to a delegation of Employers Federation…
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KARACHI: Pakistan needs to adopt sustained and consistent energy policies to provide cheap and reliable electricity to its people, a panel of experts and stakeholders said. The panel discussion, organized by the Policy Research Institute for Equitable Development (PRIED), focused on the challenges and opportunities of using solar power in high-loss feeder areas, where load shedding and electricity theft are…
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• Elected govt can review accords with IPPs, caretakers unable to withdraw free power quotas: finance minister• SBP deputy chief says market-based exchange rate followed, refuses to intervene• Senators express concerns over inflation, high policy rate, inflated bills; demand remedies ISLAMABAD: In a reality check following almost week-long consultations, caretaker Finance Minister Dr Shamshad Akhtar on Wednesday told senators and…
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ISLAMABAD: Amid public criticism over efficiency and regulatory standards in the power sector resulting in unbearable electricity costs, the Central Power Purchasing Agency (CPPA) on Wednesday slightly lowered its demand for additional fuel cost adjustment (FCA) to Rs1.58 per unit — instead of Rs2.07 —for electricity consumed in July. At a public hearing organised by the National Electric Power Regulatory…
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KARACHI: China Machinery Engineering Corporation (CMEC), the operator of a Chinese coal mine in Thar block-II, has issued a warning that it will cease coal extraction activities unless its outstanding receivable of $50 million is settled by September 10, 2023. CMEC conveyed its concerns to Sindh Engro Coal Mining Company (SECMC) in a letter, revealing that it has not received…
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ISLAMABAD: The Supreme Court has been urged to declare the Private Power and Infrastructure Board (Amendment) Act, 2023, repugnant to the constitution; hence quashed as void abinitio. Saeeda Begum, on Wednesday, filed a petition under Article 184(3) of the constitution and cited the federation through the secretary Establishment, the federal government through secretary Ministry of Energy, chairman National Energy Power…
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KARACHI: K-Electric spokesperson reiterated that the company understands the prevailing concerns regarding the rising electricity prices and shed light on the fact that power distribution companies operate in a regulated environment in the country and that electricity rates and applicable taxes are determined by NEPRA and the honourable Government of Pakistan. As such, any stipulated changes will be applicable across…
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Karachi Mansha Brothers, a renowned name in the technology industry, proudly announced the launch of their latest line of NEC products at a grand event held here recently at a five-star hotel. The event was marked by the presence of distinguished guests and media, insightful speeches, and a comprehensive product showcase, highlighting the brand’s commitment to pushing the boundaries of…
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