Author: Admin

Power Consumers Set to Receive Rs 515 Billion Tariff Relief

Admin
electricty

In a significant move aimed at alleviating the financial burden on households and industries, power consumers are expected to receive a substantial relief of Rs 515 billion in terms of electricity tariff reduction. According to sources, this decision is part of the government’s efforts to address the concerns of power consumers and provide relief to those affected by high electricity tariffs. The reduction in tariffs is expected to benefit millions of consumers across the country, particularly middle-class families and industries that have been struggling with high electricity costs. The relief…

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WAPDA Justifies Cost Escalation of Dasu Hydropower Project

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Dasu-Hydropower1

The Water and Power Development Authority (WAPDA) has provided justification for the cost escalation of the Dasu Hydropower Project. Although the exact details of the justification are not available, such projects often face cost increases due to various factors, including: WAPDA’s justification likely addresses these factors and provides a detailed explanation for the cost increase. The Dasu Hydropower Project is a significant undertaking aimed at increasing Pakistan’s power generation capacity. According to Prof Dr Ahsan Iqbal, Minister for Planning, Development and Special Initiatives, Pakistan is poised for economic growth, with…

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Pakistan’s Economic Ambitions: Ahsan Iqbal Sees Country Among Top Five Asian Economies

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ahsan-iqbal

Pakistan has the potential to emerge as one of the top five economies in Asia, according to Prof Dr Ahsan Iqbal, Minister for Planning, Development and Special Initiatives. While the exact details of the article are not accessible, a similar statement by the minister suggests Pakistan aims to become one of the top 10-15 largest economies globally by 2047. This ambitious goal requires sustained efforts and policy continuity from the entire system. To achieve this vision, Pakistan would need to focus on strategic development initiatives, including ¹: By working towards…

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Latest Petrol Price in Pakistan 16th April

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Petrol-Diesel

ISLAMABAD: The federal government announced to keep the prices of petroleum products unchanged for the next fortnight in Pakistan. As per a notification issued here, the price of petrol has been kept unchanged at Rs254.63 per litre, effective from April 16, 2025. The price of high-speed diesel also remained unchanged at Rs258.64 per litre. The announcement follows a statement from Prime Minister (PM) Shehbaz Sharif, who said that the prices would not be reduced for the next fortnight. Instead, he said that the benefits of declining global oil prices to consumers…

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OGDC Chairperson Urges Early Planning for PMIF 2026 Following Success of PMIF 2025

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ISLAMABAD: Chairperson of Oil and Gas Development Company (OGDC), Zafar Masud, visited the company’s head office on Monday to commend Managing Director Ahmed Hayat Lak and the OGDC team for the successful organisation of the Pakistan Minerals Investment Forum 2025 (PMIF25), according to a press release. Masud applauded the team for hosting a world-class event that showcased Pakistan’s mineral wealth to a global audience, firmly positioning the country as a rising hub for mineral and resource investment. He emphasized the need to sustain this momentum by initiating early preparations for…

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