Category: Recent Post

The government has decided in principle to provide uninterrupted gas supply to two Punjab-based fertiliser plants – Fatima and Agritech – on Sui Northern Gas Pipelines Ltd (SNGPL) network over the coming months to ensure sufficient local fertiliser production. The decision to this effect was reached at a meeting presided over by Finance Minister Shaukat Tarin to review the supply and stocks of urea fertilisers. According to an official statement, Minister for Energy Hammad Azhar, SAPM on Finance and Revenue Dr Waqar Masood, SAPM on Food Security Jamshed Cheema and…

Read More

While the ministries of energy and maritime affairs wrangle over some operational issues, Pakistan’s petrol stocks have slid to a critical position, posing a challenge to smooth supplies, it emerged on Tuesday. As of August 2 evening, informed sources said, the overall petrol stocks were lower than eight days of the country’s average consumption coverage. This comes as a grim reminder of the June 2020 situation when the supplies had run dry, followed by a series of inquiries and formation of commissions to investigate reasons. The then special assistant to…

Read More

There was a time when Peshawar was known as the city of flowers. Perhaps this was because of the many gardens built in the 16th and 17th centuries during the Mughal Era. Professor Sayed Amjad Hussain wrote in the September 7, 2018 issue of The Friday Times that, “At one time, Peshawar was known by her monikers ‘City of Flowers’ and ‘City of Seven Colours’. In a not-too-distant past, the arrival of spring was heralded by flower-sellers balancing large baskets of roses on their heads and walking through the labyrinthine…

Read More

A Chinese company building a 720-megawatt hydropower generation complex on the Jhelum River says it has been facing serious problems and delays in obtaining advance tax exemption orders at import stage from the Federal Board of Revenue (FBR) for the last few months. In a letter to CPEC Authority chairman Asim Saleem Bajwa, the Karot Power Company Ltd (KPCL) complained that the FBR authorities at the Karachi Port have rejected the firm’s exemption application for its three shipments without giving any reason. The rejection of the application without any compelling…

Read More

The Pak-China Relations Steering Committee on Monday directed finalisation of a uniform policy framework within a month for extension in commercial operation dates (CODs) of five power projects of about 3,600 megawatts being set up under China-Pakistan Economic Corridor (CPEC). The meeting presided over by Planning Minister Asad Umar also directed the Power Division to ensure availability of sufficient power for operationalisation of 660kV transmission line from Matiari to Lahore from Sept 1. The committee also directed National Electric Power Regulatory Authority (Nepra) to finalise tariff for the project during…

Read More