Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Turkey request Pakistan to soften their stance on Rental Power Plant Monday, May 21, 2012: Pakistan government has rejected a request by Turkey seeking support for a Turkish Rental Power Plant, Karkey Karadeniz, whose accounts have been frozen following Supreme Court’s judgment that cancelled all rental power projects. The visiting Turkish Economy Minister Zafer Caglyan […]
Flour prices soar up by Rs4.25 per kg Friday, May 18, 2012: PFMA (Punjab Flour Mills Association) has increased the price of a 20kilogrames (kg) bag by Rs85 or Rs4.25 per kg. The PFMA has taken the step in the wake of increase in the wheat price in the open market and the Punjab Chief […]
Incentives for business community in next budget asserts Abdul Hafeez Shaikh Thursday, May 17, 2012: Dr Abdul Hafeez Shaikh, Federal Finance Minister, has said that the government is considering giving incentives to the business community and people to achieve economic stability in the next budget. The finance minister further said that the government had no […]
Afghanistan wishes to import furnace oil from Pakistan Wednesday, May 16, 2012: Afghanistan has formally requested Pakistan to permit the import of furnace oil to the country, as they want to meet the requirement of its power plants. An official associated with issue said, “The government charges General Sales Tax (GST) on use of furnace […]
India to reduce oil purchases from Iran by 11 percent Tuesday, May 15, 2012: India has scummed under the rising pressure from United States of America and has decided to cut the purchases of oil from Iran by 11 percent. US want Iran to dispose-off its nuclear programme, but the Islamic republic is continuing with […]
Livestock needs to be fed properly: Dr Iqrar Ahmad Khan Monday, May 14, 2012: Dr Iqrar Ahmad Khan, Vice Chancellor University of Agriculture Faisalabad (UAF), has revealed that Pakistan has an abundant live stock inventory, estimated to be 50 million animals; however, the average milk production is very low compared to other countries. Iqrar further […]
Maintenance and operations of Gencos will not be outsourced any more: Pakistan Government Saturday, May 12, 2012: The Government of Pakistan has made it clear that operations and maintenance of state-owned power generation companies (Gencos) will not be outsourced to private contractors, as was previously decided. The Government has also cancelled the possibility of privatisation […]
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Pakistan Government to issues Rs70 billion TFCs Thursday, May 10, 2012: The Government of Pakistan is mulling over the option of issuing Rs70 billion TFCs (term finance certificates) in order to curb inter-corporate debt and tackle the power crisis. The government has decided to raise this amount from the reserves of Oil and Gas Development […]
Pakistan unable to export mangoes to United States and Japan Wednesday, May 9, 2012: Pakistan may have to knock at some other door, as there are chances that the country won’t be able to export its mangoes to US and Japanese markets, two of the most lucrative markets for the product. Despite initiatives taken by […]
Government to invest Rs 36.91 billion on nuclear power Tuesday, May 8, 2012: Pakistan Government is considering an investment option, according to which Rs36.91 billion will be allocated to the development of nuclear power in the next financial year 2012-13 in a bid to start work on several new plants in the country. As per […]
WAPDA agrees to buy two tunnel boring machines for Neelum Jhelum Hydropower project Monday, May 7, 2012: WAPDA (Water and Power Development Authority) has agreed to buy two tunnel boring machines for the Neelum Jhelum Hydropower project. In the original contract, which is being implemented by a Chinese company, there was no clause on Tunnel […]
