Category: Recent Post

Faisalabad Economic and Industrial Zone has been provided electricity and gas supply. In this regard, a 132-KV grid station and a gas supply line at CPEC’s Allama Iqbal Industrial City have been inaugurated by Federal Minister of Energy Hammad Azhar. On the occasion, Federal Minister for Energy Hammad Azhar said that the current government is trying to solve the problems of the people at their doorsteps, and providing uninterrupted power supply to the consumers is their top priority. “New grids are essential for the development of domestic industries. Unemployment will…

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Several countries have announced their plans to make their transport sectors fully electric in a bid to reduce CO2 emissions. The Government of Pakistan has also joined the mission, offering various incentives to the electric vehicles (EVs) segment for its normalization in the country. However, the policy has been spurned by several industry experts, including the CEO of Lucky Motor Corporation, Asif Rizvi, who called Pakistan’s EV Policy a “fashion statement” for lacking direction. He told Business Recorder that Pakistanis have limited means to afford cars and the government’s main…

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K-Electric is currently facing an acute shortage of gas supply and receiving only 35mmcfd gas. KE Spokesperson on the matter has stated, “while the utility continues to provide uninterrupted power supply to the city by generating electricity through alternate fuels under Economic Merit Order (EMO), this chronic gas shortage is hampering the company’s ability to produce cheaper electricity that may adversely impact the consumers.” KE official further stated that, “in the broader interest of consumers, KE has requested SSGC to immediately restore the gas supply as per the requirement. Otherwise,…

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Two hydropower projects of cumulative capacity of 1824.7MW being established in Azad Jammu and Kashmir (AJ&K) have raised serious concerns on proposed withdrawal of tax exemptions including imposition of 17 percent GST on import equipment and machinery. Li Xiaotao, Chief Executive Officer, Azad Pattan Hydropower Project and Zhang Jun CEO/Team Leader Kohala Hydropower Project have written letters to Special Assistant to Prime Minister on CPEC Khalid Mansoor and conveyed their concerns over the proposed amendments through Finance Supplementary 2021-22. The 1124MW Kohala Hydropower Project in AJ&K is the largest foreign…

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Murunj Dam Project to be constructed on Kaha Nullah, 116 km west of Rajanpur would generate 12 megawatt (MW) cheap and environmental-friendly electricity, while having the gross water storage of 800,000 acre feet. Kaha Nullah is one of the largest hill torrents of the Koh-i-Sulaiman Range located in the vicinity of Rajanpur with average annual inflows of 183,000 acre feet. The project would have tangible benefits and bring about 120,000 acres into irrigable, ground water recharging, and fisheries development. The implementation of project would have significant positive impact and uplift…

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