Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Government officials considering an increase of gas tariffs for CPPs Tuesday, February 21, 2012: Pakistan is facing severe shortage of Gas. The country prime source of producing electricity is also gas and oil, but due to increasing demand for gas by CPP the commercial electricity generating units are not getting what they need. Keeping that […]
Federal Government agrees to exchange power sectors liabilities worth Rs151 billion Monday, February 20, 2012: The Federal Government of Pakistan has finalised a loan swap deal with commercial banks of the country, in which the government has agreed to exchange power sectors liabilities worth Rs151 billion. The deal will ease some pressure off from the […]
Russia wants Pakistan to award Gazprom the pipeline-laying contract without bidding Friday, February 17, 2012: Despite fierce opposition from United States of America, Pakistan has decided to go forth with Pak-Iran gas pipeline project. Russia, however, seems to be in favour of the project and has asked Pakistan to award Gazprom – Russian based energy […]
KESC seeks Government support in implementation of new plan Thursday, February 17, 2012: KESC (Karachi Electric Supply Company) has devised a strategy to eliminate load shedding from Pakistan and also reduce power tariff. But the company seeks support from Pakistani government in implementation of its plan. KESC wants government to make sure that there are […]
Iraq offers Pakistan Oil on long term payment facility Wednesday, February 16, 2012: Dr Asim Hussain, Special Assistant to Prime Minister, during a press conference revealed that Iraq has put forth a proposal to Pakistan. In the proposal, Iraq will lend Pakistan furnace oil with the facility of long term payment. Hussain further revealed that […]
India wants to write a new chapter in the history of its relations with Pakistan, says Anand Sharma Tuesday, February 14, 2012: Indian Minister for Commerce, Industry and Textile Anand Sharma, said that India is extending its arm towards Pakistan and wants to write a new chapter in the history of its relations. The Minister […]
Oracle Coalfields to invest $610 million in Thar Coal Monday, February 13, 2012: Oracle Coalfields, a firm having its roots in United Kingdom, is looking to invest over $610 million in Thar Coal. The firm is planning to develop an open pit coal mine in Tharparkar District of Sindh. The initial development work on the […]
Interest rate unchanged at 12 percent for February and March Saturday, February 11, 2012: State Bank of Pakistan (SBP) has decided to maintain the interest rate for the month of February and March. The interest rate will remain at 12 percent during the aforementioned months. The decision of not bringing any change in the interest […]
PSO half-yearly profits takes a plunge Friday, February 10, 2012: PSO (Pakistan State Oil) half-yearly profits for the fiscal year, July 2011- June 2012, took a plunge. This fall in half-yearly profits took the market by surprise as the market expected much higher returns than those revealed by PSO. The company also failed to declare […]
Pakistan has capacity to export Rice worth $ 4 billion claims BGA President Thursday, February 9, 2012: The President of Basmati Growers Association (BGA), Hamid Malhi, claimed that Pakistan has tremendous capacity to expand rice production. The president warned that if proper measures are taken the total output can be increased drastically and the assets […]
Pakistan and Russia to strengthen ties Wednesday, February 8, 2012: Pakistan and Russia have decided to forget the past and look towards the future by strengthening their ties and promoting bilateral relations. The two countries will lay support to each other in various fields of everyday life, with special emphasis on energy and people to […]
Pakistan and Iran to go forth with the Gas pipeline project despite pressure from US Tuesday, February 7, 2012: Pakistan and Iran have given green signal to go forth with the Gas pipeline project despite the immense pressure being applied by the United States of America. US has been demanding Pakistan to put the project […]
