Lahore: Prime Minister Shahid Khaqan Abbasi Friday directed to close less-efficient power plants in a phased manner and to convert oil-based plants to gas in shortest possible time in view of availability of ample gas for the power sector. Chairing a meeting which reviewed power generation and demand supply situation ... Read More »
Category Archives: Business
Feed SubscriptionPak-Qatar LNG contract lowest-cost : PM Abbasi
Lahore : Prime Minister Shahid Khaqan Abbasi Thursday apprised the Senate that the Liquefied Natural Gas (LNG) contract between Pakistan and Qatar was the world’s lowest cost that had had been signed ‘efficiently’ and within ‘least timeframe’ as an inevitable measure to cope with swelling energy crisis. Briefing the Upper ... Read More »
NEPRA to resolve power consumers’ complaints
Lahore : The National Assembly’s Standing Committee on Energy on Tuesday approved ‘The Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill 2017’ which would bind NEPRA to open its offices in all districts across the country to resolve power consumers’ complaints, especially over-billing that had been declared ... Read More »
Govt decision to reduced value of US dollar lauded
Lahore : The decision of the government to reduce the value of US dollar is in line with the national interests, therefore, it should be implemented as soon as possible, a business leader said Sunday. Masses had started to hoard dollars due to rumors of devaluation while political uncertainty, a ... Read More »
PM approves creation of HESCO through executive order
Lahore : Prime Minister Khaqan Abbasi on Tuesday issued executive orders for the creation of Hazara Electricity Supply Company (HESCO) for speedy addressing of complaints, besides smooth power supply to consumers of the area, stated Deputy Speaker NA Murtaza Javed Abbasi while talking to APP here. He further said that ... Read More »
WAPDA to expedite efforts for the construction of dams : PM Abbasi
Lahore : Prime Minister Shahid Khaqan Abbasi on Monday directed the Ministry of Water Resources to expedite efforts for construction of Diamer-Bhasha and Mohmand dams. He also directed that financing strategy for Diamer-Bhasha dam should be brought before the Council of Common Interests (CCI) for approval. The Prime Minister gave ... Read More »
A 3-day women expo kicks off at Heritage Museum Mall Road Lahore
Lahore : A 3-day women expo arranged by Women Development Department in collaboration with Punjab Board of Investment & Trade and Investment Climate Reform Unit at Heritage Museum Mall Road Lahore, today. A number of women and girl students attended the function. Provincial Minister for Women Development Hameeda Waheeduddin visited ... Read More »
PM to inaugurate first coal, cement terminal at Port Qasim
Lahore : Prime Minister Shahid Khaqan Abbasi will inaugurate Pakistan’s first coal, clinker and cement terminal at Port Qasim established by the sponsors of Marine Group on October 14. The project has been completed this year and has successfully berthed 12 coal ships at the terminal, says PIBTL release here ... Read More »
Pakistan to purchase additional 100 MW electricity from Iran
Lahore : The Cabinet Committee on Energy (CCE) on Thursday approved purchase of additional 100 MW electricity from Iran and directed the Ministry of Power to make immediate arrangements and to complete the spadework expeditiously. Chaired by Prime Minister Shahid Khaqan Abbasi, the CCE meeting reviewed progress of transmission line ... Read More »
Manufacturing and sale of Vanaspati Ghee would be completely banned by July 2020
Lahore : The Punjab Food Authority has decided ban the manufacturing, sale and purchase of Vanaspati Ghee for its extremely hazardous effects on human body by July 2020 and to restrict quantity of Trans Fatty acids upto 0.5 percent. This was decided in a meeting Punjab Food Authority Scientific Panel. ... Read More »