Centre Commits Full Financial Backing for Reko Diq Phase-II, Addresses Key Balochistan Demands

Reko-Diq

ISLAMABAD: The federal government has pledged complete financial support for Phase-II of the Reko Diq project, reaffirming its commitment under the existing agreement with the Balochistan government. During a recent visit to Quetta, Petroleum Minister Ali Pervaiz Malik—part of a delegation led by Finance Minister Senator Muhammad Aurangzeb—assured the Balochistan leadership of the Centre’s cooperation. The Economic Coordination Committee (ECC) has already approved proposals related to the project, which are under negotiation with stakeholders. Chief Minister Sarfraz Bugti submitted several provincial concerns, including a request for a one-time amnesty on…

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Power Restored to Makran After 24-Hour Blackout Due to Iranian Supply Disruption

Power genration

GWADAR: Electricity supply to the Makran division — encompassing Gwadar, Turbat, and Panjgur — was fully restored on Sunday after a 24-hour outage caused by a disruption in power transmission from Iran. The blackout occurred following the suspension of supply through two 132kV transmission lines that connect Iran to Pakistan’s coastal region. The affected areas included key grid stations at Mand, Tump, Turbat, Hoshab, Panjgur, Jiwani, Gwadar Door, Gwadar Deep Sea Port, New Gwadar International Airport, Pasni, and Ormara. A spokesperson for the Quetta Electric Supply Company (Qesco) confirmed that…

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PPL Gears Up for Gas Exploration as Efforts Begin to Contain Korangi Blaze

New-Project55

KARACHI: Pakistan Petroleum Limited (PPL) is preparing to launch a full-scale operation to extinguish a persistent underground fire that erupted last month during borehole drilling in Korangi Creek near an oil refinery. The move follows the release of a detailed chemical analysis, which revealed dangerously high concentrations of gases and minerals in the soil and groundwater. According to Korangi Deputy Commissioner Masood Bhutto, the report confirmed the presence of hazardous gases such as benzene and toluene, as well as heavy metals including iron, arsenic, manganese, and lead—many exceeding permissible environmental…

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Pakistan Minerals Investment Forum 2025 to Kick Off Tomorrow in Islamabad

Minerals-Division

ISLAMABAD: The Pakistan Minerals Investment Forum 2025 is set to open on Tuesday, April 8, at the Jinnah Convention Centre, Islamabad, marking a major step toward positioning Pakistan as a global hub for metals and minerals exploration. The two-day event aims to forge strategic partnerships between government entities, global investors, and industry leaders to unlock the country’s vast mineral potential. Organized by the Oil and Gas Development Company Ltd (OGDCL) and the Special Investment Facilitation Council (SIFC), the forum will spotlight Pakistan’s ongoing transformation in the mineral sector. It will…

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Nepra Flags Rs1.5/unit Burden on Consumers Due to System Inefficiencies

NEPRA-KE

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has raised serious concerns over a financial burden exceeding Rs1.5 per unit on electricity consumers, stemming from inefficient operations of key generation and transmission projects during the first eight months of the current fiscal year (July–February). In a special report to the federal government, Nepra’s Technical Member from Sindh, Rafique A. Shaikh, highlighted persistent underutilisation of major assets including the 4,000MW Lahore-Matiari Transmission Line, the 969MW Neelum-Jhelum Hydropower Plant, and the 747MW Guddu Power Plant. He emphasized that these inefficiencies are significantly…

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