ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal on Monday hoped that the annual volume of Pakistan’s economy will be $ 3 trillion and the country will be counted among the top 10 economies of the world in 100 years of independence in 1947. In the current era, data-driven, knowledge economies are ruling the world, and data…
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In preparation for the 26th WPC Energy Congress set to take place in Astana in 2028, Mr. Pedro Miras, President of WPC Energy, paid a working visit to Kazakhstan’s capital. Organized by the Kazakhstan National Committee of WPC Energy, represented by the KAZENERGY Association, the visit included meetings with Prime Minister Olzhas Bektenov and a tour of the EXPO International…
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Due to a dramatic drop in solar panel prices, residential, commercial, and industrial consumers had been installing panels at an increasing rate. However, after a prolonged period of price decreases, market experts now suggest that the reduced volume of imports could either stabilize prices or lead to an increase in the coming months. According to a report, the sharp drop…
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KARACHI: The Oil and Gas Regulatory Authority (Ogra) has requested an official explanation from the Sui Southern Gas Company (SSGC) regarding charges related to geysers appearing on consumers’ gas bills. Ogra has asked SSGC to provide a detailed written response concerning the pricing of geysers and associated installation fees. The authority emphasized that consumers are not required to use SSGC’s…
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ISLAMABAD: The World Bank (WB), Asian Development Bank (ADB), and Islamic Development Bank (IsDB) have conveyed their readiness to finance three key projects of the National Transmission and Despatch Company (NTDC), while advising private sector participation for the Ghazi Brotha to Faisalabad West Transmission Line, sources from the Economic Affairs Division (EAD) informed Business Recorder. During a meeting chaired by…
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ISLAMABAD: K-Electric (KE) has expressed its unwillingness to move forward with the 300-MW coal-fired project at Thar Block-II unless it is included in the Indicative Generation Capacity Expansion Plan (IGCEP), sources informed Business Recorder. In a communication with Managing Director of Private Power and Infrastructure Board (PPIB), Shah Jahan Mirza, KE’s Chief Strategy Officer, Shahab Qader Khan, emphasized the need…
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Karachi, October 18, 2024: The 49th Annual Management Committee meeting of Bolan Mining Enterprises (BME) took place on October 17, 2024, in Quetta. The meeting brought together joint venture (JV) partners Pakistan Petroleum Limited (PPL) and the Government of Balochistan (GoB). Managing Director and CEO of PPL, Mr. Imran Abbasy, along with senior officials, represented PPL, while the GoB delegation…
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