IT is concerning to note that dozens of industries have been violating environmental laws in and around Islamabad. While the Pakistan Environmental Protection Agency deserves appreciation for its survey of 270 industries across I-9, I-10, GT Road Sang Jani, and Kahuta Triangle Industrial State that brought the issue to light, there is a pressing need for more robust measures to…
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Govt plans to accelerate minerals mining
ISLAMABAD: The government has planned to set up a new dedicated Mines and Minerals Division as part of efforts to accelerate mining activities to give a big push to Pakistan’s economy.This is in line with the attempts made in the previous tenure of Pakistan Democratic Movement (PDM) government, which strived to establish the Mines and Minerals Division to ramp up…
Read MoreLNG diversion leads to gas price hike
LAHORE:Sui Northern Gas Pipelines Limited (SNGPL) has emphasised that the cost of human resources accounts for only 4% of the total gas price, where 94% is the cost of gas and the remaining is the return on capital expenditure.According to an SNGPL spokesperson, one of the key reasons behind the increase in gas prices is the continuous depletion of domestic…
Read MoreNepra allows Rs2.75/unit increase in quarterly adjustment for April-June
The National Electric Power Regulatory Authority (Nepra) on Thursday allowed the federal government to go ahead with a quarterly tariff adjustment of Rs2.75 per unit for all consumers across the country for three months — April to June — with additional revenue impact going beyond Rs85 billion.The increase was allowed under quarterly tariff adjustment (QTA) for the second quarter —…
Read MoreConsumers to face Rs7.63 per unit additional fuel costs for Feb
ISLAMABAD: Flabbergasted by the non-compliance of its orders and the rising fuel costs, the National Electric Power Regulatory Authority (Nepra) on Thursday expressed concern that the impact of fuel costs for February consumption actually meant a Rs7.63 per unit tariff increase, instead of the Rs5 per unit sought by power companies in their petitions.At the same time, the regulator advised…
Read MoreGulf Nations Eye Purchase of Pakistan’s National Carrier, PIA
Saudi Arabia, the United Arab Emirates, and Qatar have emerged as prospective purchasers for Pakistan International Airlines (PIA), displaying keen interest in acquiring the country’s flagship carrier. This development unfolds against the backdrop of the Pakistani government’s push to privatize PIA as part of its efforts to tackle financial challenges. Government officials have reportedly engaged in discussions with top-level representatives…
Read MoreAbettors of electricity theft will be given exemplary punishment, warns PM
Govt decides to install smart meters on transformers under PSDP n Shehbaz Sharif lauds Pakistan Navy for safeguarding country’s maritime interests n APNS delegation calls on PM n Shehbaz Sharif assures to resolve issues faced by journalist community. ISLAMABAD – Prime Minister Shehbaz Sharif Thursday chaired a high level meeting to control electricity theft and directed the concerned authorities to…
Read MoreWork on Suki Kinari power project to be completed in Nov
MANSEHRA: Work on the Suki Kinari hydropower project is in full swing and will be completed in November this year, said an official on Thursday. “After Tuesday’s suicide attack on Chinese engineers in Shangla, our workers, including foreigners, continued to perform their duties,” assistant director of the project Syed Abdul Rehman told reporters. He said the 884-megawatt Suki Kinari project…
Read MoreChinese companies suspend work on Dasu, Diamer-Bhasha dams
Five Chinese engineers working on the Dasu Dam perished when an explosive-laden vehicle hit their bus PESHAWAR: Chinese companies suspend work on Dasu, Diamer-Bhasha dams 991 Chinese engineers working on both projects have stopped operations. Local staff of both projects have been directed to stay home till further orders. However, the Chinese engineers are still working on the Mohmand Dam…
Read MoreVisa’s Growing Services Business Infused with New AI-Powered Products
· Three new AI-powered solutions are added to Visa Protect suite to help block fraud · Among the newest services: a cutting-edge immediate payment fraud solution and expanded capabilities to mitigate fraud, agnostic to payment network · Growing usage across global services portfolio – Visa’s largest 265 clients now use an average of 22 of Visa’s value-added services products[1] Karachi, Pakistan – March 28, 2024 – Today, Visa (NYSE:V), a…
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