Govt plans to build 1600KW micro power stations

ASTORE (APP): The provincial government has planned to build 1600kilowatt (KW) mini hydropower stations here to provide inexpensive electricity to domestic consumers. Water and Power Executive Engineer, Fayyaz Alam told media persons here that 400 KW mini power station would be constructed at Mini Murg for which about Rs81.145 million were allocated. Likewise, another 400 KW power station would be constructed at Qamri with an estimated cost of Rs 72.387 million. Similarly, 800 KW power project has been planned that would be build at Rehman water stream at Bunji village for which about 51.570 million rupees were earmarked. Work on two megawatts power project is already in progress at Gudai Oakora, which would be completed by end of this year with an estimated cost of Rs 199 million. He said loadshedding has almost been finished in Astore and would be completely ended by 2018 with completion of ongoing major projects.

Fayaz urged people to avoid unnecessary use of electric rods, geysers and other electric appliances for provision of uninterrupted power supply to industrial and domestic consumers. He said conservation of energy should be given proper attention by masses.

 Textile sector receives Rs 11.44b under PM's Trade Enhancement Package

ISLAMABAD (APP): The government has dispersed Rs 11.44 billion among the textile sector against claims for Rs 20 billion through the State Bank of Pakistan under the Prime Minister's Trade Enhancement Package till November 22, 2017, a commerce ministry's senior official said here on Tuesday. The Rs 162 billion Trade Enhancement Package was aimed at helping the textile sector to gain competitiveness in the international market in order to enhance the country’s exports, the official told APP. “The government wants to revive confidence of the textile sector through the package,” he said, adding that the package would be expanded to other industrial sectors, including the pharmaceuticals. “We are committed to providing an enabling business environment to all the industrial sectors,” he added. The government, the official said, had also given procedural and tax relaxations on the import of textile machinery for the modernization of industry and to enhance the capacity of the sector.

The official said that through this package cost of doing business would come down in the country.

While talking to APP, All Pakistan Textile Mills Association (APTMA) General Secretary Anis-ul- Haq stressed on the need for providing a competitive business environment to the textile sector to enhance exports.

 ICIPL seeks generation licence for 15MW coal-based power project

ISLAMABAD (APP): ICI Pakistan Limited (ICIPL) has submitted an application to National Electric Power Regulator Authority (NEPRA) for power generation license for its 15MW coal-based power project. Sources told APP here that ICIPL had set up a 15MW coal-based power generation facility/thermal power plant at 30KM Lahore-Sheikhupura Road, Sheikhupura district, in the province of Punjab. Imported coal is primary fuel to run the power plant. The generation facility/thermal power plant consisted of lx 15MW Steam Turbine, two boilers and one generator. The electric power from the coal-based generation facility/thermal power plant of the licensee is being dispersed to the load centre of Lahore Electric Supply Company (LESCO). The dispersal/interconnection arrangement consisted of three feeders at 11KV voltage level (measuring about 1.5 KM in length on ACSR Osprey conductor) connecting the generation facility to 132/11 KV ICI Public grid station of LESCO.

The said dispersal arrangement is based on the Grid Interconnection Study (GIS) approved by LESCO.

It is pertinent to mention here Yunus Brothers Group is one of largest industrial conglomerates and leading export houses in the country having diversified investments in different sectors including cement, textile, chemicals, real estate development and energy.

 E-commerce is future mode of business: FCCI president

FAISALABAD (APP): E-commerce is the future mode of business, which will also provide an opportunity to the small and medium enterprises (SME) sector to directly supply their products to the end-consumers in any part of the world, said Shabbir Hussain Chawla, president of FCCI. Talking to a delegation of here Tuesday, he said that there was no doubt that Alibaba is the pioneer in sale and purchase of products online. He said that the mega firm started its journey as a small enterprise that made tremendous progress and currently it is handling business of billions of dollars in 190 countries across the globe. He suggested that should establish their warehouse in different countries to ensure speedy supply to the customers. Mr Jason Jia and Mr Patrik Wang of briefed the meeting about the operational activities of Alibaba. They said that in the fiscal year ending March 31, 2017, the Chinese e-commerce corporation recorded revenue of 119.8 billion yuan in Chinese online sales.

"This translates to approximately $17.4 billion," he said and added that as of 2015, China is catching up with the United States in the battle for e-commerce supremacy.