Fawad Yousafzai

  • TIslamabad      -         The cost of Tarbela 4th hydropower project has increased by 47.09 percent from original Rs83.6 billion to Rs123 billion mainly due to delay in completion, increased scope of work and rupee value ...

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  • TIslamabad     -       The government Friday increased electricity rates by 26 paisa per unit on account of variation in the power purchase price for the first quarter of 2019-2020. The Power Division has issued a notification and it will have an ...

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  • TIslamabad       -      The government is trying to secure loan at the lowest interest rate of two percent for the ML-I as 80 percent design work of the project has been completed. The disclosure was made here by the government officials while ...

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  • TIslamabad          -       The Ministry of Energy (Petroleum Division) has sent names of two shortlisted candidates for the post of Managing Director/Chief Executive Officer OGDCL to the Prime Minister as two other ...

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  • TIslamabad           -           The Federal government has decided to launch around 120 MW waste based power project in Karachi, it is learnt reliably here. The step is part of the Federal cabinet ...

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  • TIslamabad - Minister for Power Division Omar Ayub Khan said Monday that Pakistan will swiftly retaliate in case India violates Indus Waters Treaty. “If India tries to use Indus Waters Treaty as weapon, answer from Pakistan will be swift as we will defend our sovereignty,” the minister ...

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  • TISLAMABAD           -        A Parliamentary panel was yesterday informed that despite the installed generation capacity of 33000 MW 27 per cent of the country is still without electricity. The Senate Committee on ...

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  • TIslamabad      -      National Assembly Standing Committee on Water Resources Friday questioned the IRSA’s power of issuing NOC for the construction of Hydropower project on Chashma Jhelum Link Canal and directed the Ministry of Water ...

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  • TISLAMABAD         -      The Oil and Gas Regulatory Authority (Ogra) Friday proposed a reduction of Rs 2.40 per litre in the price of High Speed Diesel (HSD) for the month of December, 2019. In a summary moved to Petroleum Division, ...

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  • TISLAMABAD        -       The groundbreaking of CPEC Special Economic Zone (SEZ) at Rashakai has delayed and is unlikely to take place this year as Khyber Pakhtunkhwa government has yet to sign developmental agreement with China, it is ...

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  • TIslamabad      -     Chief Executive Officer Neelum-Jhelum Hydropower Company (NJHPC) Wednesday warned that the company may face default if its energy dues were not cleared within a month. If the payment for the electricity sold to CPPA-G was not made ...

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  • TIslamabad             -          Nepra has Tuesday allowed Ex-Wapda Discos to transfer the burden of Rs14.780 billion to the power consumers on account of power purchase price (PPP) adjustment ...

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  • TISLAMABAD           -           The Pakistan Water and Power Development Authority (WAPDA) Monday signed a contract worth Rs52.5 billion with a joint venture of Chinese companies for ...

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  • TIslamabad    -     The contract for Electro Mechanical work of Phase-I of Dasu Hydropower project will be signed today (Monday). The contract for the Electro Mechanical Contract will be signed here between Wapda and a Joint Venture comprising of two Chinese ...

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  • TIslamabad    -    Senate Standing Committee while taking notice of the delay in the land acquisition for Dasu Hydropower Project has summoned Chief Secretary KP as only 7.5 percent of total land required for the project has been acquired so far. The Senate Standing ...

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  • TIslamabad    -     The government has Wednesday acknowledged that the tariff increase due to multiple adjustments has become unaffordable for the power consumers, however said that these increase are as per the law and rules. In a public hearing over the ex-Wapda ...

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  • TISLAMABAD    -     Federal Minister for Energy Omar Ayub, while announcing Alternative Renewable Energy Development Policy 2019, Wednesday said that the country has a potential of $40 billion investment in renewable energy. The Alternative Renewable Energy Policy ...

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  • TIslamabad         -           Special Assistant to the Prime Minister on Petroleum Nadeem Babar has said that the Shale gas exploration in country will start next month. Addressing Annual Technical Symposium ...

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  • TIslamabad            -           The Overall performance of NTDC has improved in 2017-18 except the system security of NTDC that was deteriorated as the total Energy Not Served (ENS) in the year ...

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  • TISLAMABAD     -    Central Development Working Party (CDWP) Monday approved 13 projects worth Rs226.7 billion. Central Development Working Party (CDWP) meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, approved eight projects ...

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  • TIslamabad    -   After a delay of almost one year, the government has finally signed Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) for four out of ten oil and gas blocks.  A signing ceremony on the successful execution of Petroleum Concession ...

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  • TIslamabad     -    Central Development Working Party (CDWP) will discuss today (Monday) 13 development projects worth around Rs238 billion including the project for the provision of medical equipment to hospitals in Afghanistan According the agenda of the meeting ...

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  • TIslamabad     -     A parliamentary committee was yesterday informed that Sindh government has allotted only 303 acres of 7507 acres of land required for Nai Gaj dam as the cost of the project was escalated by 175 percent. The blame game regarding delay in ...

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  • TISLAMABAD     -     The ex-Wapda distribution companies (Discos) have requested the National Electric Power Regulatory Authority (NEPRA) to allow it to transfer the burden of Rs17.2 billion to power consumers on account of power purchase price (PPP) for the ...

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  • TIslamabad    -    Sindh has once again alleged Punjab for fudging in water usages data and said that the province is getting more water than it claims. Punjab is providing wrong figures regarding its water usages which is far greater than what they are disclosing, ...

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  • TISLAMABAD - Alternative Energy Development Board (AEDB) on Tuesday signed Implementation Agreements (IAs) with the representatives of 11 wind power projects with the cumulative electricity capacity of around 560 MW. AEDB Chief Executive Officer (CEO) Dr Rana Abdul Jabbar signed the agreements on ...

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  • TIslamabad     -    Government has Monday signed energy purchase agreement with 11 wind Power Projects for the purchase of around 558 MW of electricity. In line with the vision of the Federal government power division has taken remarkable step by signing agreements ...

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  • TISLAMABAD     -    To meet revenue requirements, the state-owned gas distribution companies have approached the Oil and Gas Regulatory Authority (OGRA) to sanction them up to 31 per cent increase in prescribed gas prices with effect from July 1, 2019. In their ...

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  • TISLAMABAD        -       To boost the electricity consumption in the country during winter season the government has announced low flat tariff for industrial, commercial and residential consumers. The package of flat electricity rate ...

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  • TIslamabad - Pakistan and China have agreed to consider use of Chinese currency RMB for financing $9 billion Karachi to Peshawar Railway ML-I and other CPEC projects instead of US dollar. In order to fundamentally resolve the financing issue, based on the important consensus reached by leaders of ...

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