Category: Recent Post

Media reports said that the Oil and Gas Regulatory Authority (OGRA) has forwarded a summary to the government, suggesting an increase by Rs11.5/litre in petrol price and Rs2.40 in high speech diesel price for remaining days of the running month. The regulatory body has proposed Rs1.40 increase in light speed diesel’s price and Rs1.5/litre in kerosene oil price The final decision will be taken by the finance ministry after taking the prime minister on board. Earlier, the federal government had raised petrol prices by Rs 2 per litre for the…

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Thar Foundation and Human Development Foundation (HDF) have signed a Memorandum of Understanding (MoU) to empower Thari women and promote girls’ education and biosaline agriculture in selected areas of district Tharparkar. Under the MoU, Thari women shall be trained to operate Reverse Osmosis (RO) Plants and provide transport to promote girl’s education, and make grants to poor farmers to install solar submersible pumps. Thar Foundation is a non-profit organization and a subsidiary of Sindh Engro Coal Mining Company (SECMC) while Human Development Foundation (HDF) is a renowned social-development organization. Together,…

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Pakistan’s leading telecommunication and ICT services provider — Pakistan Telecommunication Company Limited (PTCL) — has announced its financial results for the first half ended June 30, 2021, at its Board of Directors’ meeting held in Islamabad on July 14, 2021. PTCL Group delivered a strong financial and operational performance as it reported 8707% or 87x increase in profits during the first half of 2021. It reported a profit of Rs. 2.93 billion during the above-mentioned period as compared to a profit of Rs. 33 million in the same period last…

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The National Electric Power Regulatory Authority (Nepra) on Monday slashed power tariff by 26.44 paisa per unit on account of fuel cost adjustment for the month of May 2021. It allowed the Central Power Purchasing Agency-Guarantee (CPPA-G) to return 26.44 paisa per unit, which it had overcharged from electricity consumers during the month of May. The CPPA-G had requested Nepra to allow refund of the overcharged tariff of 12.5 paisa per unit to the consumers of distribution companies for May 2021 under the fuel cost adjustment (FCA) mechanism. In a statement, Nepra…

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Iran is ready to deliver more electricity to Pakistan and necessary infrastructure in this regard is being built, announced Iranian Ambassador to Pakistan Seyed Mohammad Ali Hosseini. During a meeting with Federal Minister for Energy Muhammad Hammad Azhar, matters relating to cooperation between the two countries in the energy sector came under discussion. Highlighting the importance of Iranian electricity import to the neighbouring districts of Balochistan, especially Gwadar, Azhar said that it was playing a pivotal role in the provision of electricity to these areas. Read More: Govt adds 1,200MW…

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