Fawad Yousafzai

  • ISLAMABAD -   Indus River System Authority (Irsa) has decided to increase the supply of water to Sindh and Punjab after the inflows in the Indus and its tributaries have increased by almost 49,000 cusecs. Keeping in view the increased water flows in the rivers, Irsa has decided to ...

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  • Islamabad - The federal government has decided to scrap the telemetry system installed on River Indus, after spending hundreds of millions of rupees in the past 13 years. On the government directives, the telemetry system, comprising components installed at 23 different points of the river, will be ...

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  • ISLAMABAD -  The water shortage in the country has mounted to 55 percent and Indus River System Authority (IRSA) has informed the provinces that there will be no water available for the new Kharif crops till April 15. On one hand the water shortage is touching its peak and, ironically, on the ...

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  • KARACHI -  Stocks closed flat amid late session pressure on oil stocks after a fall in global crude prices and concerns over a major fall in global equities. The market opened on a positive note, maintaining its previous session trend. The index traded at an intraday high of 127 points before ...

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  • Islamabad - After Pakistan’s objection, India has withdrawn the design of 120MW Miyar hydropower project, located across Miyar Nalla in Indian Occupied Kashmir. A communiqué issued here said that during two-day meeting of the Permanent Indus Commission (PIC) discussions were held on ...

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  • ISLAMABAD -  National Electric Power Regulatory Authority (Nepra) has announced integrated multi-year tariff of K-Electric Limited (KE) for the period of seven years (2016-2023) and reduced its base tariff by Rs3.50 from existing Rs15.57 to Rs12.07 per unit. The determined tariff is structured ...

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  • ISLAMABAD - Pakistan and India have agreed to hold secretary-level talks over the controversial hydropower projects in Washington next month. The major breakthrough in otherwise frosty relations between two arch-rivals came after the United States intervention that forced the neighbouring countries ...

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  • ISLAMABAD - The federal and Sindh governments are still at odds as the province has refused to pay its share of Rs14 billion for the Right Bank Outfall Drain (RBOD-II) project. The RBOD projects are aimed at draining the effluent water from Balochistan and Sindh in the Arabian Sea, to protect ...

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  • ISLAMABAD - The deficient tariff determination of the National Electric Power Regulatory Authority (NEPRA) and arrears against the provinces/regions are the main cause of circular debt and it is difficult to control the power sector’s debt unless 100 percent recovery is made, says the ...

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  • ISLAMABAD - Both the government of Pakistan and the Asian Development Bank (ADB) have agreed to finalise the award of contract for the Jamshoro Power Generation Project (JPGP) by September, it is learnt reliably. Secretary for Water and Power Yunus Dagha asked the ADB to finalise the process of ...

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  • ISLAMABAD - The issue of encashment of sovereign guarantees is far from resolution, as the government has failed to clear the overdue invoices of the Independent Power Producers (IPPs) and the desperate power producers have once again extended the deadline for encashment by 10 days. The deadline ...

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  • Islamabad -  The government initially plans zero loadshedding for the less loss incurring urban areas, and in this connection has directed the distribution companies (Discos) to provide to it the segregation of urban and rural feeders within one week, it was learnt here on Wednesday. The ...

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  • ISLAMABAD -  To determine the provincial water share for the upcoming Kharif Season, the Indus River System Authority (IRSA) has convened meetings of both technical and advisory committees during the last week of March. The meeting of technical committee was convened on March 27 while the ...

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  • ISLAMABAD - The Oil and Gas Regulatory Authority (Ogra) has the power to cancel the licences of the producing companies if they don’t follow the LPG prices determined by the regulatory body. Ogra has once again asked the LPG producer companies to provide the record of sale price charged from ...

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  • Islamabad - The boring machines purchased at the cost of Rs8 billion for digging the tunnels of 969-MW Neelum Jhelum hydropower project (NJHP) cannot be recovered and will be dismantled and buried on the site. “We have been told that the two 184-meter long TBMs cannot be recovered and will be ...

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  • ISLAMABAD -  Oil and Gas Regulatory Authority (Ogra) has rejected the claim of any shortage of LPG for the domestic sector as the monthly average LPG local production is around 55,000-60,000MT and is sufficient to meet the domestic sector demand. The authority upholding rationale and ...

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  • ISLAMABAD -  The leasing of the Floating Storage and Regasification Unit (FSRU) for the proposed Liquefied Natural Gas (LNG) terminal at Gwadar at a cost of $120,000 per day is much expensive than the purchasing of the whole unit for $400 million. In its observation, the Planning Ministry has ...

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  • ISLAMABAD -   Water and Power Development Authority (Wapda) has signed two contracts worth Rs179.4 billion with China Gezhouba Group Company (CGGC) for the construction of main civil works of stage-I of Dasu Hydropower Project. The signing ceremony was attended by Federal Minister for ...

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  • ISLAMABAD -  Both the gas utility companies, SNGPL and SSGCL, are charging only 63 to 70 per cent of gas consumers through meter reading while the remaining consumers are being charged without meter reading or minimum billing. Sui Southern Gas losses have been increased while the losses of ...

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  • ISLAMABAD - The Indus River System Authority (Irsa) has succeeded to end the water dispute between Sindh and Balochistan as later complained against the former for stealing its share of water. “We have asked the Sindh government for addressing the grievances of the Balochistan regarding its ...

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  • ISLAMABAD - The contract for the main civil works of the 2,160MW Dasu Hydel power project between the government of Pakistan and China Gezhouba Group Company (CGGC) will be signed today (Wednesday). The agreement for the main civil work of the Dasu Hydle power project which includes spillways, ...

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  • ISLAMABAD -  Chinese Ambassador Sun Weidong has said that CPEC is open and inclusive to all countries and the ports in the region should complement each other. He said that all projects under CPEC were ahead of the schedule and would be completed well on time. He expressed these views while ...

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  • ISLAMABAD - The Sindh government has refused to fund the cost over and above the Council of Common Interests (CCI) approved amount for the upcoming national census from the divisible pool, it was learnt reliably here on Sunday. The province is going to fund the amount approved by the Council of ...

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  • Islamabad -  The federal and provinces governments have unanimously agreed that the matters related to imported liquefied natural gas (LNG), interpretation of Article 158 and Article 172(3) will be sent to the Council of Common Interest (CCI) for approval, said Federal Law Minister Zahid ...

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  • ISLAMABAD -  Federal Minister for Planning and Development Ahsan Iqbal asked federal secretary for water and power to finalise the feasibility studies for the inclusion of Diamer-Bhasha Dam in the China-Pak Economic Corridor (CPEC) projects by June 2017. Chairing a meeting in Planning ...

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  • ISLAMABAD - Sehwan Shrine' administration illegally provided electricity connections to private businesses, and owes million of rupees in outstanding dues. The Sindh government has not paid the dues since 2011, which led to power disconnection to the premises in 2015. Putting the entire blame for ...

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  • ISLAMABAD -  The National Electric Power Regulatory Authority (Nepra) has approved Rs3.23 per unit reduction in power tariff, for the Ex-Wapda Distribution Companies, for January under monthly fuel adjustment formula. The Central Power Purchase Agency (CPPA) in its petition had proposed Rs1.62 ...

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  • ISLAMABAD - Oil and Gas Regulatory Authority (Ogra) has recommended an increase of up to 40.57 percent in the prices of POL products for the first fortnight of March 2017. Under its fortnightly price adjustment, Ogra has recommended an increase of 4.15 percent or Rs2.96 per litre in the prices of ...

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  • ISLAMABAD - A parliamentary committee yesterday showed concern over the plea bargain by the NAB with the culprit involved in oil theft worth hundreds of millions of rupees and hinted that they would introduce a bill in parliament to amend the law. “If the money belongs to the government of ...

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  • ISLAMABAD -  The Ministry of Planning and Development has directed the ministries and divisions to surrender their unutilised allocated amount to the planning ministry for completion of fast-moving projects, it is learnt reliably here on Sunday. The government wants to transfer the unutilised ...

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