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Day: November 8, 2023

Chairman WAPDA visits Mohmand Dam Project;Directs contractor for diverting River Swat during current low flow season

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WAPDA

November 8, 2023: Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) today visited Mohmand Dam Project, being constructed across River Swat in Mohmand District of Khyber Pakhtunkhwa Province. He reviewed construction activities on different sites of the project – the spillway and the river diversion tunnels in particular. At present, construction works relating to excavation, stabilisation and concreting are being…

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Pakistan plans to raise power capacity by 40pc in eight years, shift to renewables

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lng-usa

LAHORE: Pakistan is planning to boost its installed power generation capacity by 40 percent in the next eight years, as it seeks to meet the growing demand for electricity and shift to cleaner sources of energy. The country aims to increase its power capacity from 45 gigawatts to 63 gigawatts by 2031, according to an official document. The plan, which…

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Electric bikes gain traction

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Electric-bikes

Experts urge govt to formulate comprehensive policy for EVs KARACHI: Electric bike assemblers and dealers in Pakistan are striving to make electric two-wheelers more appealing than the decades-old 70cc petrol versions, with an ultimate goal of replacing combustion engines in a few years. However, questions about the viability of these electric bikes persist due to the lack of proper infrastructure…

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Pakistan eyes $600m Chinese loans

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IMF-Funds

Negotiations at advanced stage, financing may be released by next month ISLAMABAD: Pakistan has sought $600 million in fresh loans from two Chinese banks to bridge a big financing gap and also bets on successful completion of International Monetary Fund (IMF) talks for improvement in its credit rating to borrow from non-Chinese foreign banks. Sources told The Express Tribune that…

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Discos to seize appliances, impose fines for power theft

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power-fleet

ISLAMABAD: The government has decided to allow electricity distribution companies (Discos) to confiscate electric appliances and equipment besides imposing heavy penalties like ‘detection bills’ equivalent to five years of power consumption against consumers and premises found in electricity theft to make up for the energy losses. The government has sent its decision to the National Electric Power Regulatory Authority (Nepra) for amendments…

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