Category: Recent Post

The federal government has released Rs 476.618 billion for various ongoing and new social sector uplift projects till date under its Public Sector Development Programme (PSDP) 2020-21. The released funds include Rs300.06 billion for federal ministries, Rs135.64 billion for corporations, Rs39.7 billion for special areas, and Rs1.2 billion for the Earthquake Reconstruction and Rehabilitation Authority (ERRA), according to the latest…

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KARACHI: Shell V-Power is the premium fuel offered by Shell Pakistan, it comes with technology that reduces engine dirt and friction. With over 100 years of experience in fuels research and development, Shell’s scientists are behind the creation of Shell V-Power with Dynaflex Technology. Shell V-Power has a formulation that has powerful cleaning agents to prevent engine dirt. The fuel…

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ISLAMABAD: At a time when the government is looking to end monopoly of state-run companies in the liquefied natural gas (LNG) market by allowing private sector to import LNG, Pakistan LNG Limited (PLL) has come up with a proposal for increase in its margins – a move which will put more burden on consumers. PLL is importing two contract cargoes of LNG…

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ISLAMABAD: The Federal Government is unlikely to appoint an expatriate Pakistani as Managing Director of National Transmission and Despatch Company (NTDC) against a salary of $ 15,000 (Rs 2.4 million) per month which, according to Board Negotiation Committee is too high compared to market trends, sources close to Power Minister told Business Recorder. Sharing the details, sources said, Board of…

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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) led by its Chairman Tauseef H Farooqi on Monday visited the Karachi Electric (KE) head office and its under-construction 900MW BQPS-III, a statement said on Monday. Farooqi was briefed about the comprehensive plan regarding generation, transmission, and distribution plan submitted by KE on account of the authority’s directives given vide order dated…

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KARACHI: Chairman NEPRA, Tauseef H Farooqi launched K-Electric’s Women Ambassador Programme “Roshni Baji” at a ceremony at the Tipu Sultan Customer Care Centre of the company in Karachi Monday. This is a first-of-its-kind programme in which the selected women will become ambassadors for Safety and aiming to promote awareness for efficient usage of electricity along with conversion from hook connections…

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KARACHI: Criticising the federal government for increasing the power tariff, Pakistan Muslim League-Nawaz Sindh’s secretary general and former finance minister Miftah Ismail on Monday said that people will scream when the February’s electricity bill will come. He said the federal government has been robbing the people in the name of fuel adjustment charges. He was addressing a press conference at…

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ISLAMABAD: In a new development, one of the leading private players in the LNG sector, the PGPCL (Pakistan Gas Port Limited), has sought allocation of pipeline capacity for transmission of 150mmcfd of RLNG on a three-month rolling basis. The PGPL has written a letter to OGRA, seeking the pipeline capacity allocation keeping in view the latest decision taken by the…

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ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 15th Feb, 2021 ) :Oil and Gas Development Company Limited (OGDCL) has injected as many as 14 new wells by making 2,666 BPD of oil, 82 MMCFD of gas and 77 MTD of LPG in its production gathering system during second quarter of the current fiscal year. “The company has acquired…

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ISLAMABAD: Central leader of All Pakistan Compressed Natural Gas Association (APCNGA) Ghiyas Abdullah Paracha said the government had laid the foundation of the CNG industry’s complete revival by allowing private sector players to participate in the Liquefied Natural Gas (LNG) business. “The present government has taken a key step towards revival of the CNG industry that was once considered the…

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