KARACHI: The Sui Southern Gas Company (SSGC) has suspended gas supply to Defence Housing Authority (DHA) and nearby areas, including Defence View, Azam Basti, and Akhtar Colony, following damage to a 24-inch pipeline during excavation work near Jam Siddiq Bridge. Emergency repair crews are working to restore the line, with service expected to resume by 6:00 AM tomorrow. Meanwhile, the…
Read MoreMonth: October 2024
Germany Seeks COAS Intervention in Siemens Power Plant Deal Termination
ISLAMABAD: Germany has appealed to Pakistan’s Chief of Army Staff, General Asim Munir, for assistance in revising a settlement over the closure of a 450MW power plant involving German investor Siemens, who reportedly felt pressured to agree to the deal. The German Ambassador to Pakistan, Alfred Grannas, reached out to General Munir, seeking an amicable solution to safeguard German investments,…
Read MoreElectricity Tariffs Set to Rise in November Despite Lower Fuel Costs
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) announced on Wednesday that electricity rates for ex-Wapda distribution company (Disco) consumers will increase by 15 paise per unit in November, despite a drop in fuel costs. During a public hearing on fuel cost adjustments (FCA) for September, a Nepra case officer explained that while the FCA was reduced by 71 paise…
Read MoreLahore Launches ‘Green Lockdown’ to Combat Smog Crisis
CM Maryam calls for collaboration with Indian Punjab 11 smog hotspots targeted; ‘green ring’ planned around LahoreRestrictions on barbecues, marriage halls, and commercial generatorsExperts call measures ‘insufficient, poorly planned’LAHORE: In a bid to curb rising pollution, the Punjab government has introduced a “green lockdown” across designated smog hotspots in Lahore, restricting activities at barbecue joints, motorcycle-rickshaws, and marriage halls—although air…
Read MorePakistan LPG Marketers Association (PLPGMA) Announces Newly Elected Office Bearers for 2024-26
Lahore: Pakistan LPG Marketers Association (PLPGMA) recently held its elections for the 2024-26 term, resulting in the appointment of new office bearers and members to its Executive Committee. The newly elected officials include prominent industry figures committed to advancing the LPG sector in Pakistan. Mr. Ahsan Mehmood Butt, Managing Partner of Shaheen Gas (Pvt.) Limited, has been appointed Chairman. Mr.…
Read MoreRs 100M Blunder: NJ Project’s Failed Report Exposed as AI Copy-Paste Job!
Islamabad: The government has rejected a report analyzing the reasons behind the Neelum-Jhelum Hydropower Project’s tunnel collapse, which allegedly cost Rs 100 million to produce. The reason for the rejection? The findings and recommendations of the report were reportedly available for free on ChatGPT, an AI tool. According to The Express Tribune, the report was presented at a meeting led…
Read MorePakistan Engages Three Global Law Firms for Arbitration Battle with Iran in Paris
ISLAMABAD: Pakistan has enlisted three renowned international law firms — White & Case, Three Crowns, and Willkie Farr & Gallagher — along with a leading Australia-based oil and gas legal expert, to defend its position in the Court of Arbitration in Paris. This legal move responds to a case filed by Iran over Pakistan’s failure to complete its portion of…
Read MoreJICA and NTDC Set to Develop Action Plan for Punjab Transmission Project
ISLAMABAD: The Japan International Cooperation Agency (JICA) and National Transmission and Despatch Company (NTDC) will prepare a joint action plan with defined timelines for the Punjab Transmission Line and Grid Station Project, according to sources. The plan emerged from a recent meeting in the Economic Affairs Division (EAD) aimed at reviewing the progress of Japan-supported development projects. JICA raised concerns…
Read MoreCPPA-G to Propose Fuel Charge Reduction for Bagasse-Fired IPPs
ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) is set to propose a Rs 1 per unit reduction in fuel charges for bagasse-fired Independent Power Producers (IPPs), following newly finalized agreements with owners of eight IPPs, informed sources disclosed. The proposal will be presented during the Fuel Charges Adjustment (FCA) public hearing for Distribution Companies scheduled for October 30, 2024. According…
Read MoreGovt Faces International Backlash Over Deals with IPPs
ISLAMABAD: The government is reportedly receiving concerns from various foreign governments over perceived one-sided agreements with certain Independent Power Producers (IPPs), sources reveal. According to sources, the German government has conveyed the reservations of Rousch Power Project Limited (RPPL), a company owned by the family of former Commerce Minister Abdul Razak Dawood. Under the Negotiated Settlement Agreement (NSA), it was…
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