Fawad Yousafzai

  • Islamabad - The federal government has failed to achieve consensus on the interpretation of Article 154 of the constitution for the supply of gas to two 2453 MW RLNG-based power plants in Punjab, a pre-condition set by the Economic Committee of the National Economic Council (ECNEC) for approval, ...

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  • ISLAMABAD -  A joint parliamentary committee Friday unanimously approved a resolution asking the World Bank to immediately constitute Court of Arbitration, without further delay, on the issue of India’s ongoing construction of Kishanganga and Ratle Hydro Electric Plants. A special joint ...

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  • ISLAMABAD -  Federal Minister for Planning, Development and reform Ahsan Iqbal said on Thursday that the government will convene an all parties’ conference (APC) to remove reservations of some political parties regarding the multi-billion China-Pakistan Economic Corridor (CPEC) ...

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  • ISLAMABAD -  Federal Planning Minister Ahsan Iqbal on Thursday said that Prime Minister Nawaz Sharif will inaugurate New Islamabad International Airport (NIIA) on August 14. “The Prime Minister wants to give a gift, the New Islamabad International Airport, to the nation on the 70th ...

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  • ISLAMABAD -  Federal Minister for Petroleum and Natural Resources Khaqan Abbasi has informed a parliamentary committee that the industries are not legally allowed to generate electricity with gas. The Senate Special Committee, tasked to monitor the implementation of Gas Infrastructure ...

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  • ISLAMABAD -  The Ankara Kaur Dam, the main source of potable water for Gwadar and adjacent areas, has reached its dead level owing to consistent dry weather. Water level in Ankara Kaur Dam is close to dead level because the 27km catchment areas of the dam had not received rains for many years, ...

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  •  ISLAMABAD -  The Central Development Working Party (CDWP) yesterday approved 18 projects worth Rs154 billion, including the Punjab Irrigated Agriculture Productivity Improvement project costing Rs80 Billion. Overall, the CDWP approved 18 projects worth Rs154 billion, including seven ...

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  • ISLAMABAD - In view of the worsening gas supply situation and low pressure, the government has ordered the closure of CNG stations in the Punjab for an indefinite period. The Oil and Gas Regulatory Authority (Ogra), in a letter, asked both the gas utilities of Sui Northern Gas Pipeline Company ...

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  • ISLAMABAD - Breaking from the tradition of monthly revision of the prices of petroleum products, the government has hiked the prices of petrol and diesel for the fortnight beginning today. The price of petrol has been increased by Rs1.77 to Rs68.35 per litre and that of Hi Speed Diesel (HSD) by Rs2 ...

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  • ISLAMABAD - All Pakistan Liquefied Petroleum Gas Distribution Association (APLPGDA) has alleged Ogra of issuing licences to the substandard cylinder manufacturers and warned of sit-in in front of the regulatory body. “Government should take action against such manufacturers within 10 days ...

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  • ISLAMABAD - A Senate panel yesterday termed the placement of five regulatory authorities under the jurisdiction of line ministries a sheer violation of Constitution and recommended that these bodies should be placed under the domain of Council of Common Interests (CCI). Chairman of the Senate ...

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  • ISLAMABAD -  Due to disruption in gas supply and low pressure to domestic users, the government yesterday discontinued supply of gas to CNG stations in Punjab, fertilizer industry and independent power producers (IPPs), it was learnt reliably. The Sui Northern Gas Pipeline Limited (SNGPL) ...

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  • ISLAMABAD -  The Sindh government has alleged the Economic Coordination Committee (ECC) of the cabinet of transgressing its limit by approving CNG deregulation and has asked the federal government to place the issue in front on Council of Common Interest (CCI) for consideration. In a letter, ...

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  • ISLAMABAD - Financial close has been achieved for 870 mega watts Suki Kinari Hydro Power Project, to be completed under the umbrella of China Pakistan Economic Corridor (CPEC). The documents for the financial close was signed by Private Power and Infrastructure Board (PPIB) Managing Director Shah ...

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  • ISLAMABAD -  A parliamentary committee was informed on Monday that the transit agreement on Turkmenistan, Afghanistan, Pakistan and India (TAPI) had been finalised and India would give transit fee to Pakistan and Afghanistan under the arrangement. The committee met under the chairmanship of ...

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  • ISLAMABAD -  The Khyber Pakhtunkhwa government is unlikely to follow the Economic Coordination Committee (ECC) of the cabinet’s decision regarding the deregulation of CNG sector and will keep the sector regulated, it is learnt reliably here on Sunday. In a letter, the Khyber Pakhtunkhwa ...

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  • ISLAMABAD - Shahiwal coal project is in final stage of its completion and Pakistan Railways will resume the coal supply for the coal-based power plant by the end of January 2017. “Pakistan Railway service under the Sahiwal Coal project would start by end of the current month and the first ...

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  • ISLAMABAD - Pakistan State Oil (PSO) has asked the government to release Rs30 billion immediately, to meet its payment obligation and avoid any untoward situation, as the company receivable to the power companies reaches to Rs219.4 billion. Besides, there is overdue receivable of Rs5 billion to the ...

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  • ISLAMABAD - Federal Planning Minister Ahsan Iqbal has made it clear that only consensus-oriented hydro projects on Indus River will be included in the China Pakistan Economic Corridor (CPEC) umbrella project aimed to avoid controversy. To a query about inclusion of controversial Kalabagh Dam ...

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  • ISLAMABAD - The groundbreaking of the much-awaited Chashma Right Bank Canal (CRBC) project will take place by the mid of this year, it has been reliably learnt. The government of Khyber Pakhtunkhwa will forward the PC-I of the project to the Ministry of Planning this month for the Central ...

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  • ISLAMABAD - If the current dry season continues, reservoirs will reach their dead level by the end of February. “In case the drought continues in the country (Allah forbids), the existing storage may deplete by the end of February 2017, but even then with the help of run-of-river the existing ...

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  • Islamabad -  The Oil and Gas Regulatory Authority (OGRA) on Friday notified a decrease of 33.34 percent or Rs200.13 per MMBTU in the prices of gas for WAPDA and Independent Power producers (IPPs). The authority also notified a decrease of 34 percent in the prices of fertilizer sector feed ...

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  • ISLAMABAD -  The Oil and Gas Regulatory Authority (OGRA) on Thursday recommended the government up to 16.02 percent increase in the prices of PoL products, it is learnt reliably here. Under its monthly price adjustment, OGRA has recommended, for January 2017, an increase of 0.47 percent or ...

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  • ISLAMABAD -  The Council of Common Interest’s (CCI) latest decision to hold the 6th population census is silent about the role of armed forces.  Earlier in March 2015, it was decided by CCI “that while approving a summary submitted by the statistics division it was decided ...

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  • ISLAMABAD -  Given the current rate of influx of Chinese nationals into Balochistan and after the completion of the CPEC the native population of the area will be outnumbered by 2048. To address the concern of the Baloch citizens regarding marginalisation, the government should provide a sense ...

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  • ISLAMABAD - Prime Minister Nawaz Sharif will inaugurate 340 megawatt Chashma-III Nuclear Power Plant (Unit C-III) today. “Chashma-III will be inaugurated today, while 340 megawatt Chashma-IV unit of the project will be made operational by July 2017,” secretary Pakistan Atomic Energy ...

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  • ISLAMABAD -  The National Electric Power Regulatory Authority (NEPRA) on Tuesday approved Rs3.6 per unit reduction in power tariff for ex-Wapda distribution companies for November under a monthly fuel adjustment formula. At a public hearing presided over by NEPRA Chairman Brigadier (retired) ...

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  • ISLAMABAD - The Central Development Working Party (CDWP) on Friday approved 14 projects of worth Rs 139.5 billion, including five projects, costing Rs131 billion, which were referred to the Executive Committee of the National Economic Council (ECNEC). The CDWP approved three significant projects of ...

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  • ISLAMABAD -  Consensus was reached between the federal and provincial governments to make China Pakistan Economic Corridor (CPEC) a success for the bright and prosperous future of the country. The provincial governments have expressed their outright support in a pre-Joint Cooperation Committee ...

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  • Islamabad - The share of hydle power in the national energy mix will further decrease as Indus River System Authority (IRSA) on Thursday announced a reduction of 38,000 cusecs water releases from Tarbela and Mangla Reservoirs. In the light of fourth coming Canal Closure in the provinces, the ...

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