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Day: February 19, 2024

Caretaker Energy Minister Advocates for Reduced Government Involvement in Businesses at Karachi Literature Festival

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Mohammed-Ali

Caretaker Energy Minister Mohammed Ali advocated for a reduction of government involvement in businesses during his address at the Karachi Literature Festival (KLF) 2024. He emphasized that Pakistan stands out as a multi-party democracy where the government holds significant control over various industries, a situation he deemed incompatible with achieving self-reliance. Speaking on the panel titled ‘The Big Picture: Future…

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SIFC Approves Revised Gas Allocation Priority List

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Gas-Project

The government has decided to overhaul the gas allocation merit order, giving top priority to domestic, commercial (including roti tandoor), and industrial sectors for processing purposes. This decision, approved by the Special Investment Facilitation Council (SIFC), is aimed at stimulating economic activity and ensuring sustained momentum throughout the year. According to a senior official from the Energy Ministry, the revised…

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Pakistan Plans to Lay 81-Kilometer Gas Pipeline from Gwadar to Iranian Border

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gas-pipeline

In a significant development, Pakistan has announced plans to proceed with the long-pending gas line project within its territory in two phases. The initial phase involves laying an 81-kilometer segment of the pipeline from Gwadar, where Iran has already established its part of the pipeline originating from the gas field. The decision received approval from the Special Investment Facilitation Council…

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Wapda Proposes Sales Tax Deposit for Mangla Power Station to AJ&K

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Mangla-Dam

The Water and Power Development Authority (Wapda) has recommended a formal agreement among stakeholders to direct the sales tax revenue from the Mangla Power Station to the exchequer of Azad Jammu and Kashmir (AJ&K), according to informed sources. In response to a recent notification establishing a Technical Committee, following a decision made during a Combined Sub-Committee meeting on January 30,…

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Ownership Dispute Between NPGCL and Wapda Escalates in Faisalabad

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WAPDA-MoUs

Tensions have mounted between the Northern Power Generation Company Limited (NPGCL) and the Water and Power Development Authority (Wapda) over ownership rights to properties in Faisalabad, including the Gas Thermal Power Station (GTPS) and Steam Power Station (SPS). The dispute has intensified following reported encroachment by Wapda security personnel onto NPGCL premises. In a letter addressed to the Chairman of…

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Gas Shortages Disrupt Cooking in Karachi

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Gas-Prices

Karachi residents are grappling with persistent gas shortages, particularly during the winter months, causing significant disruptions to daily life. The scarcity of gas not only hampers cooking routines but also poses challenges for heating homes economically. Nadia, a homemaker from Rashid Minhas Road, describes the struggle of coping with gas load shedding, enduring up to 16 to 20 hours of…

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