By the grace of Almighty Allah, Mari Energies Limited (formerly Mari Petroleum Company Limited) is pleased to announce gas discovery resulting from its exploratory efforts at Spinwam-1 exploration well, drilled in Waziristan Block, located in North Waziristan district, KPK Province. Mari Energies is the Operator of Waziristan Block having 55% working interest along with OGDCL and OPI as joint venture…
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As the first year of the 16th National Assembly draws to a close on February 28, 2025, PILDAT has looked at how Federal Cabinet members have fared during the year in terms of their presence and performance in the legislature. To evaluate performance of the members of the Federal Cabinet in the Parliament, PILDAT has looked at both the houses…
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KARACHI (Feb 24): Sindh Chief Minister Syed Murad Ali Shah has taken a significant step towards poverty alleviation and inclusive rural development by signing a $5 million agreement with the European Union through the Sindh Peoples Housing for Flood Affected (SPHF), initiating the PAIDAR project – a Communal Infrastructure Grant Agreement. In collaboration with the United Nations Industrial Development Organization…
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Islamabad: The 17th Annual Corporate Social Responsibility (CSR) Summit and Awards-2025, themed “Sustainable Pakistan,” is set to be held on February 18 at a prestigious hotel in Islamabad. The event will be graced by the Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh, as the chief guest. Organized by the National Forum for Environment and Health (NFEH), the summit serves…
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ISLAMABAD: In a bid to accelerate electric vehicle (EV) adoption, the government is considering repurposing 3,400 closed CNG stations into EV charging hubs while lowering electricity tariffs to attract investment. With only eight operational EV charging stations and 94,000 electricity units consumed for EV charging over the past year, the National Electric Power Regulatory Authority (NEPRA) reviewed a proposal on…
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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has cautioned K-Electric (KE) of serious repercussions for failing to provide timely and complete information as directed. According to Nepra’s order, KE was instructed on May 15, 2024, to submit details on net-metering applications rejected due to overloading of the Common Distribution System and Pole Mounted Transformers (PMTs) within seven days. However,…
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ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday assured that concerns over the International Monetary Fund (IMF) rejecting Pakistan’s proposal to lower electricity prices have been addressed. Speaking at a federal cabinet meeting, he revealed that IMF Managing Director Kristalina Georgieva expressed willingness to consider Pakistan’s power tariff reduction plan if formally presented. During his recent visit to Dubai, the prime…
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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a Rs1.23 per unit negative fuel cost adjustment (FCA) for consumers of ex-Wapda distribution companies (Discos) and K-Electric (KE) in their current month’s electricity bills. For Discos, the negative FCA applies to electricity consumed in December, while for KE, it corresponds to consumption in November. However, Nepra’s Member Tariff Mathar…
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ISLAMABAD: Turkish President Recep Tayyip Erdogan is set to arrive in Islamabad today for a two-day official visit at the invitation of Prime Minister Shehbaz Sharif. He will be accompanied by a high-level delegation, including ministers, senior officials, and business leaders, according to the Foreign Office. A key highlight of the visit will be the 7th Session of the Pakistan-Turkiye…
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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has deferred its decision on the proposed hike in security deposit rates for electricity consumers, pending a comprehensive audit of deposits collected by power distribution companies (DISCOs). During a heated public hearing, DISCOs faced strong criticism from NEPRA members and stakeholders over their push for a substantial increase in security deposit rates.…
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