ISLAMABAD: Turkish President Recep Tayyip Erdogan is set to arrive in Islamabad today for a two-day official visit at the invitation of Prime Minister Shehbaz Sharif. He will be accompanied by a high-level delegation, including ministers, senior officials, and business leaders, according to the Foreign Office. A key highlight of the visit will be the 7th Session of the Pakistan-Turkiye…
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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has deferred its decision on the proposed hike in security deposit rates for electricity consumers, pending a comprehensive audit of deposits collected by power distribution companies (DISCOs). During a heated public hearing, DISCOs faced strong criticism from NEPRA members and stakeholders over their push for a substantial increase in security deposit rates.…
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ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has launched a crackdown against gas theft, illegal decanting, and the hazardous mixing of carbon dioxide (CO2) with Liquefied Petroleum Gas (LPG) across Punjab, Sindh, and Khyber Pakhtunkhwa. Taking serious notice of safety violations, OGRA deployed enforcement teams to identified locations to curb illegal practices, including substandard cylinder manufacturing. In Sindh, particularly…
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ISLAMABAD: The Privatisation Commission has appointed financial advisers to oversee the divestment of Faisalabad, Gujranwala, and Islamabad power distribution companies (Discos) by the end of 2025. On Tuesday, the commission signed a Financial Advisory Services Agreement (FASA) with a consortium led by Alvarez & Marsal Middle East Ltd. The consortium includes International Consulting Associates (iConsult), Yousuf Adil Chartered Accountants, Vellani…
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