Court Orders Inspection of CNG Cylinders

The Sindh High Court directed the police on Thursday to ensure that no substandard compressed natural gas (CNG) cylinders were being used in any vehicle and remove those not approved by the Hydrocarbon Development Institute of Pakistan. A two-member bench, headed by Justice Muhammad Ali Mazhar, also directed the traffic police to check CNG cylinders installed in vehicles across Karachi…

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Govt pondering over steps to overcome future gas shortages

ISLAMABAD: In a bid to overcome the gas shortages across the country, the government is planning various steps like imports, establishing LNG terminals by private sector, reducing gas theft and establishing the North South Gas Pipeline (NSGP). Top official sources in background discussions told The News that the government has embarked upon a plan to deal with energy shortages and…

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Tarbela 4th Extension Hydropower Project earns WB admiration

Islamabad – Tarbela 4th Extension Hydropower Project (1410 MW), completed in 2018 by the PML (N) government, has earned the World Bank admiration for the successful implementation and effective operation. According to the World Bank Tarbela 4th completion in less than budget, estimates is very rare worldwide and in the past two years, the benefits from the project are twice…

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Wapda to raise $500m loans for dams

ISLAMABAD: The Water and Power Development Authority (Wapda) is set to raise $500 million international commercial loans through Eurobonds to meet foreign financing needs of Diamer-Bhasha and Mohamand dams. The Economic Coordina­tion Committee (ECC) of the cabinet, which meets later this week, is expected to formally approve the launch of the Wapda bonds abroad besides taking a decision on the…

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NEPRA, experts discuss CTBCM model

ISLAMABAD: The power regulator said on Tuesday that the Competitive Trading Bilateral Contract Market (CTBCM) would be a game changer for the power industry of Pakistan. During a webinar on CTBCM, a large number of renowned national and international experts and stakeholders of the electric power sector shared their views on the subject. Shedding light on the CTBCM model, Nepra…

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