ISLAMABAD: Chief Executive Officers (CEO) Alternative Energy Development Board (AEDB), Dr. Rana Abdul Jabbar, has resigned from his position purportedly in hope of getting the position of MD, NTDC, well-informed sources in Power Division told Business Recorder. The Federal Government is likely to give additional charge of Chief Executive Officer of Alternative Energy Development Board (AEDB) to Managing Director PPIB,…
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ISLAMABAD: On privatisation of a public sector entity, the consumers expect – and in many cases, also experience – an improvement in services and prices. Not always though, and especially not when the element of competition is missing in the transformation from public to private sector. So, whenever the governments, in their rush to privatise, miss to put in the…
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The cargo was shipped on board the Al-Salam 2 for Pakistan’s state-owned PSO, KPC said. The vessel departed from Kuwait’s Mina al-Ahmadi on 1 January, according to Vortexa, and is due to arrive at Pakistan’s Port Qasim in Karachi on 6 January. Kuwait completed term deals in early-December to supply both 10ppm sulphur gasoil, or ULSD, and jet fuel to PSO in…
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ISLAMABAD: As electricity tariffs go out of reach of consumers, a group of foreign investors has sought Prime Minister Imran Khan’s intervention to remove roadblocks to cheap 425mw alternative and renewable energy (ARE) projects of less than 4 cents (Rs6.3) per unit. The Pakistan Foreign Investors Forum (PFIF) — a group of wind and solar energy sponsors — has complained…
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MULTAN: Foreign Minister Shah Mahmood Qureshi has said that the incumbent government is making all-out efforts to ensure early completion of the second phase of the China-Pakistan Economic Corridor (CPEC), which will bring a new era of development in the country.Talking to the people of his constituency in Multan on Sunday, Shah Mahmood Qureshi said that the Ministry of Foreign…
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ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has asked social media platforms to immediately block all content related to a sacrilegious film titled “Lady in Heaven”.In a statement on Sunday, the PTA said that keeping in view different reports regarding the movie and its sacrilegious content, social media platforms including YouTube, Facebook, Instagram and Twitter, have been directed “for immediate blocking…
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Bali’s famous beaches are being strewn by plastic rubbish in what experts say is becoming an annual event thanks to monsoon weather, poor waste management and a global marine pollution crisis. Authorities are struggling to keep up with the tide of rubbish washing up on beaches at Kuta, Legian and Seminyak, where about 90 tonnes of rubbish was collected on…
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EDITORIAL: It has become painfully clear that no matter how much the government and the opposition try to present their respective sides of the story about all the problems with the Liquefied Natural Gas (LNG) sale-purchase mechanism, the debate only gets murkier and rendered much more difficult for people to decide whether they are being fleeced or facilitated. It is…
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ISLAMABAD: After floating tenders very late for purchase of LNG [liquefied natural gas] for the winter season and inflicting billions of losses on the national economy, it seems the petroleum ministry has started making attempts to set right its wrongs, committed in the near past. According to Geo News programme ‘Aaj Shahzeb Khanzada Ke Sath’ on Friday, the ministry published…
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Audit of the Welfare Funds of all the oil and gas companies working in Tehsil Jand and Pindigheb of Attock district will be carried out at appropriate level to know the actual position and this audit report will be made public. Special Assistant to Prime Minister on Climate Change Malik Amin Aslam said this while exclusively talking to this scribe.He…
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