The second day of the 14th Karachi Literature Festival (KLF), hosted by the Oxford University Press (OUP) Pakistan from February 17 to February 19 at the Beach Luxury Hotel, was once again marked by an array of stimulating discussions and lively performances.
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Mini Budget 2023
Pakistan is set to announce a mini budget to generate about Rs200 billion additional revenue to meet IMF Conditionalities. The mini budget will be placed before and approved by parliament ahead of IMF final talks on 16.02.2023.The government is taking harsh taxation measures on the demand of the IMF to general more revenue for lower the fiscal deficit.Sources in FBR…
Read MoreEurope’s Energy Crisis Leaves Almost All Of Pakistan Without Power
Pakistan faced an almost nationwide power outage on Monday. A significant energy shortage is one of the main drivers of the nation’s current economic crisis…………..The long-awaited winter energy crisis has finally hit…but it wasn’t in Europe after all. On Monday, almost the entirety of Pakistan was left without power when a misguided energy saving strategy by the government backfired. Runaway…
Read MoreFor brain storming I am of the view that if in winter total NTDC load is 9000 MW if aardvark group of 1200 MW tripped due to any fault then expected drop in frequency
.For brain storming I am of the view that if in winter total NTDC load is 9000 MW if aardvark group of 1200 MW tripped due to any fault then expected drop in frequency will be around 6% .let say if Kanuup 2400 MW tripped the drop in frequency in winter will be around 13% and in summer it will…
Read MoreUN SDG 12, “Sustainable Consumption and Production”
UN SDG 12, “Sustainable Consumption and Production”, deals all such issues comprehensively. Interested friends can see my referred above. Sole due to unawareness of the requirements of ACI 350 for all hydraulic concrete, to meet ESHF, we have polluted the whole unground water of Pakistan, an irreparable loss to the nation. Now all development Banks including WDG, ADB, KFW, EU,…
Read MoreSufficient stocks of Petrol and Diesel are available across the country. Islamabad
OGRA strongly rebut the speculations on Petrol/diesel shortages. The country has sufficient petrol and Diesel stocks for meeting demand for 18 and 37 days respectively. Furthermore, ships carrying 101,000MT petrol is at berth/outer anchorage. The local refineries are playing their due role in meeting demand of petroleum products. Spokesman OGRA Imran Ghaznavi
Read MorePakistan blackout: Cash-strapped nation cuts power to save money, then can’t turn it back on
Hospitals, schools, factories and tens of millions of homes across Pakistan were left without power Monday after the country’s electricity grid suffered a nationwide outage. The huge blackout, right as parts of the country struggle through a harsh winter, was blamed by the country’s federal energy minister Khurram Dastgir-Khan on a surge that knocked out the network. In a bid…
Read MoreThe Private Power Infrastructure Board (PPIB) has approved the name of law firm M/s Howard Kennedy for representing the government of Pakistan in LCIA Arbitration in M/s Star Hydropower Limited (SHPL) case
The fee of law firm will be £230,000 whereas fee of barrister will be finalized by the Attorney General Office, the sources added. Recently, MD PPIB, Shah Jahan Mirza apprised the Board that Star Hydro Power Limited (SHPL) and NTDC entered into dispute over delay in installation of Power Purchaser Inter-Connection Facility by NTDC. Both parties filed counter arbitral claims…
Read MoreOGDCL, Tehzibul Akhlaq Trust Collaborate to Promote Education
December 17, 2022: Aiming to revolutionize the education system of Pakistan, the Oil and Gas Development Company Limited (OGDCL) has signed a Memorandum of Understanding (MoU) with Tehzibul Akhlaq Trust for sponsoring education with the concept of transforming societies.The seven-year program mainly focuses on providing free education to 25 students in the Baluchistan province’s OGDCL operational areas. These students will…
Read MoreRegarding additional 100-MW electricity from Iran,
Regarding additional 100-MW electricity from Iran, Power Division has informed that the Jiwani to Gwadar transmission line of 60-KM would be completed during the current month and it will be provided 60-70 MW on one circuit. Evacuation, foundation concreting and backfilling work is in progress whereas 25-KM string work has been completed. NTDC component will be completed this month whereas…
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