Author: Admin

Visa-Free Entry for Chinese Citizens from August 14: PM

Admin
Visa-Chines

ISLAMABAD: Prime Minister Shehbaz Sharif announced that from August 14, 2024, Chinese citizens will be granted visa-free entry to Pakistan. He highlighted the mutual benefits of relocating Chinese industries to Pakistan through joint projects during a meeting with a high-level 12-member Chinese delegation led by Minister Wang Fukang. Prime Minister Sharif emphasized the significance of joint projects for both nations, expressing confidence in the positive outcomes of the delegation’s visit. He noted that recent meetings with Chinese leadership have spurred high-level delegations to Pakistan, enhancing cooperation in industry, agriculture, special…

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OMCs Allowed to Import to Address Deficit

Admin
oil and gas

ISLAMABAD: Pakistan, being a net importer of crude oil and refined products, lacks sufficient feedstock to fully utilize its refining capacity, necessitating the import of crude oil, according to industry experts. This response comes amidst news that Pakistan State Oil (PSO) has lost 5% of its market share to Gas & Oil Pakistan Limited (GO). Experts explained that the country’s refineries cannot produce enough gasoline and diesel to meet national demand, prompting oil marketing companies (OMCs) to import refined products. To manage this, the Oil and Gas Regulatory Authority (OGRA)…

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Millions Face Inflated Electricity Bills in April-June: NEPRA Investigation

Admin
power-sector

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has uncovered that millions of consumers across Pakistan were subjected to inflated electricity bills between April and June. This occurred as they lost access to subsidized rates and slab benefits, a direct result of extended pro rata billing practices. A report by the Power Information Technology Company (PITC) revealed that power companies, including Karachi Electric (KE), expanded pro rata billing beyond its intended scope. Initially designed to adjust bills for periods exceeding 30 days, it was instead applied to periods under 30…

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Consultative workshop for the wind-solar hybrid project under a B2B arrangement

Admin

Consultative workshop for the wind-solar hybrid project under a B2B arrangement August 1, 2024 The Government of Sindh for the very first time held an interactive session, participated by the relevant stakeholders, to showcase the massive potential of the province to produce clean electricity by combining wind and solar renewable sources that are abundantly available in the provincial territory. The Sindh government’s Energy Department teamed up with the Energy Update to present to the concerned stakeholders its proposed plan for the wind-solar hybrid project under a B2B arrangement with greater…

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WAPDA awards Rs. 21.534 billion contract for installation of Telemetry System at Indus Basin

Admin
New-WAPDA

System to be installed at 27 key sites for real-time discharge monitoring Pakistan Water and power Development Authority (WAPDA) has awarded contract worth Rs. 21.534 billion for installation of telemetry system at 27 key points on Indus Basin Irrigation System (IBIS) for real-time discharge monitoring. The contract has been awarded to a Joint Venture (JV) comprising CDigital and HBCC along with Siemens as Sub-Contractor in the JV. As per the contract, the telemetry system, after the installation, will be commissioned in December 2026. Chief Engineer and Project Director Indus Telemetry…

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