ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued directives to K-Electric (KE) to take immediate measures to mitigate load-shedding in Karachi, following numerous public complaints and the ongoing heat wave. In a letter to KE’s CEO, NEPRA referenced a communication dated June 26, 2024, concerning heat wave-related casualties and load-shedding issues. It also mentioned a public hearing on…
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KARACHI: The Sui Southern Gas Company (SSGC) has announced a 24-hour suspension of gas supply to nearly half of Karachi, starting Sunday morning, to facilitate the installation of a new pipeline in the city’s western region. In a statement issued on Friday, the gas utility detailed the undertaking of hook-ups for a 24-inch diameter, 31-kilometer pipeline from SMS ACPL to…
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ISLAMABAD: Following two consecutive price hikes, the prices of petrol and high-speed diesel (HSD) are anticipated to decrease by approximately Rs3 and Rs8.50 per litre, respectively, from August 1. This expected drop is due to a decline in international market prices and import premiums. According to sources, the international market prices for petrol and HSD have fallen by about $2…
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KARACHI: Members of SITE Association of Industry have highly appreciated laying of dedicated 24 inch dia, 31-KM long high pressure gas pipeline for industrial consumers of SITE area, Karachi. In a reception hosted in honour of SSGC Managing Director Muhammad Imran Maniar at SITE Association of Industry, members very much praised the dedicated efforts of MD SSGC made during past…
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ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has requested foreign exchange to cover outstanding expenses related to international arbitration with M/s Star Hydropower Limited (SHPL). The Government of Pakistan is currently facing significant litigation challenges in this matter. PPIB Managing Director Shahjahan Mirza stated that SHPL initiated arbitration against NTDC at the London Court of International Arbitration (LCIA), resulting…
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KARACHI: Sui Southern Gas Company (SSGC) has initiated a Rs3.86 billion project to install a high-pressure pipeline aimed at enhancing fuel supply for industrial consumers in the western part of Karachi. This new development is designed to resolve persistent low-pressure gas issues affecting the region’s industrial sector. According to an official press statement, the 31-kilometer-long, 24-inch diameter pipeline extends from…
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ISLAMABAD: On Thursday, Pakistan formally requested China to reschedule its debts as unpaid dues for China-Pakistan Economic Corridor (CPEC) power projects surged by 44%, reaching Rs401 billion by the end of the last fiscal year. These outstanding payments, violating the 2015 CPEC Energy Framework Agreement, are hampering financial and commercial relations between the two nations. Finance Minister Senator Muhammad Aurangzeb…
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ISLAMABAD: The Special Investment Facilitation Council (SIFC) endorsed refineries’ demands on Thursday, backing the withdrawal of budgetary measures that threaten the closure of refineries and jeopardize a $6 billion plant upgrade program. In a high-level meeting attended by refinery representatives and officials from the Petroleum Division, Ministry of Finance, and Federal Board of Revenue (FBR), executives highlighted the negative impacts…
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Rs. 59.5 Billion Spent; Phase-I Targeted for December 2025 Completion Chairman WAPDA, Engr Lt Gen Sajjad Ghani (Retd), visited the Greater Karachi Bulk Water Supply Scheme, K-IV, to review the construction progress at various sites, including intake works, pumping stations, pressurized pipeline, access road, project offices, and project colony. General Manager (Projects) South and Project Director Amir Mughal provided a…
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ISLAMABAD: High-ranking officials from Pakistan and Turkmenistan have committed to accelerating the execution of the long-anticipated TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas pipeline project. This strategic pipeline aims to deliver gas from Turkmenistan through Afghanistan and Pakistan, ultimately reaching India. Federal Minister for Petroleum Dr. Musadik Malik highlighted the significant benefits of the TAPI project, stating, “The TAPI pipeline project will lower energy…
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