LAHORE:Sui Northern Gas Pipelines Limited (SNGPL) has emphasised that the cost of human resources accounts for only 4% of the total gas price, where 94% is the cost of gas and the remaining is the return on capital expenditure.According to an SNGPL spokesperson, one of the key reasons behind the increase in gas prices is the continuous depletion of domestic…
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The National Electric Power Regulatory Authority (Nepra) on Thursday allowed the federal government to go ahead with a quarterly tariff adjustment of Rs2.75 per unit for all consumers across the country for three months — April to June — with additional revenue impact going beyond Rs85 billion.The increase was allowed under quarterly tariff adjustment (QTA) for the second quarter —…
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ISLAMABAD: Flabbergasted by the non-compliance of its orders and the rising fuel costs, the National Electric Power Regulatory Authority (Nepra) on Thursday expressed concern that the impact of fuel costs for February consumption actually meant a Rs7.63 per unit tariff increase, instead of the Rs5 per unit sought by power companies in their petitions.At the same time, the regulator advised…
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Saudi Arabia, the United Arab Emirates, and Qatar have emerged as prospective purchasers for Pakistan International Airlines (PIA), displaying keen interest in acquiring the country’s flagship carrier. This development unfolds against the backdrop of the Pakistani government’s push to privatize PIA as part of its efforts to tackle financial challenges. Government officials have reportedly engaged in discussions with top-level representatives…
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Govt decides to install smart meters on transformers under PSDP n Shehbaz Sharif lauds Pakistan Navy for safeguarding country’s maritime interests n APNS delegation calls on PM n Shehbaz Sharif assures to resolve issues faced by journalist community. ISLAMABAD – Prime Minister Shehbaz Sharif Thursday chaired a high level meeting to control electricity theft and directed the concerned authorities to…
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MANSEHRA: Work on the Suki Kinari hydropower project is in full swing and will be completed in November this year, said an official on Thursday. “After Tuesday’s suicide attack on Chinese engineers in Shangla, our workers, including foreigners, continued to perform their duties,” assistant director of the project Syed Abdul Rehman told reporters. He said the 884-megawatt Suki Kinari project…
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Five Chinese engineers working on the Dasu Dam perished when an explosive-laden vehicle hit their bus PESHAWAR: Chinese companies suspend work on Dasu, Diamer-Bhasha dams 991 Chinese engineers working on both projects have stopped operations. Local staff of both projects have been directed to stay home till further orders. However, the Chinese engineers are still working on the Mohmand Dam…
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· Three new AI-powered solutions are added to Visa Protect suite to help block fraud · Among the newest services: a cutting-edge immediate payment fraud solution and expanded capabilities to mitigate fraud, agnostic to payment network · Growing usage across global services portfolio – Visa’s largest 265 clients now use an average of 22 of Visa’s value-added services products[1] Karachi, Pakistan – March 28, 2024 – Today, Visa (NYSE:V), a…
Read MoreBonn (WWEA) – The year 2023 ended with a new record for new wind turbine installations: In total, the world added 116’065 Megawatt of new capacity within one year, more than ever before. According to preliminary statistics published today by the World Wind Energy Association, global wind power capacity has now passed one million Megawatt and has reached 1’047’288 Megawatt…
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ISLAMABAD: Private Power & Infrastructure Board (PPIB) is said to have developed new arrangements for Category-III wind projects in Thatta, according to which K-Electric (KE) will purchase 300-MW electricity using its own transmission network, well informed sources in NEPRA told Business Recorder. This was revealed by Managing Director, PPIB, Shah Jahan Mirza in a letter to Chairman National Electric Power Regulatory…
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