Author Archive
Wajahat Javed
Joined on: Nov 30, -0001 Published stories: 143

Articles By Wajahat Javed

TharPak looking to invest $10 billion dollars in Pakistan

TharPak looking to invest $10 billion dollars in Pakistan Saturday, January 14, 2012: TharPak, a group formed by multiple firms operating in United States, are looking to invest $10 billion dollars in Pakistan. The investment will be made in coal mining, electricity generation, and fertiliser manufacturing in the Thar Desert in Sindh. Hans Naumann, TharPak’s […]

Pakistan’s IT industry flourishes in 2011 despite the rising tension with US

Pakistan’s IT industry flourishes in 2011 despite the rising tension with US Friday, January 13, 2012: Zia Imran, Managing Director of Pakistan Software Export Board (PSEB), in a press conference said that the IT industry is defying all the odds and is flourishing at a rapid pace. The MD termed 2011 as a viable year […]

Gas crisis in Pakistan will subside by 2013 claims Federal Minister of Petroleum and Natural Resources

Gas crisis in Pakistan will subside by 2013 claims Federal Minister of Petroleum and Natural Resources Thursday, January 12, 2012: The Federal Minister of Petroleum and Natural Resources, Dr Asim Hussain, has painted a rosy picture for Gas crisis in Pakistan. The minister during the inauguration of Kunar-Pasakhi gas field in Tandojam claimed that by […]

Energy crisis in Pakistan to worsen unless Government arranges Rs50 billion for PSO

Energy crisis in Pakistan to worsen unless Government arranges Rs50 billion for PSO Wednesday, January 11, 2012: Pakistan is on verge of facing another energy shutdown unless the Government takes immediate step and arrange Rs50 billion for Pakistan State Oil (PSO) before January 15. PSO, which is the Pakistan’s largest state-owned oil marketing company, has […]

Malaysia Airlines ceases its operations in Pakistan

Malaysia Airlines ceases its operations in Pakistan Tuesday, January 10, 2012: Malaysia Airlines has packed up their bags and bid adieu to its operations in Pakistan. Malaysia Airlines is exhibiting a significant route rationalisation exercise as part of its Business Plan, which they had already divulged to the Government of Pakistan back in December 2011. […]

Failure to implement Gas allocation plan in 2005 led to current short-fall

Failure to implement Gas allocation plan in 2005 led to current short-fall Islamabad (Monday, January 9, 2012): A commendable source familiar with government policies has revealed that Pakistani government had a plan to gas allocation in 2005 but did they were least bothered about its implementation resulting in the current crisis in the energy sector. […]

Mohsin Industries on verge of closure

Mohsin Industries on verge of closure Thursday, January 5, 2012: An undisclosed source has divulged that Mohsin Industries, the gemstone mining firm operating in Gilgit, Baltistan, is on verge of closure following a tremendous uproar in the legislature about its licensing. The source further revealed that several employees, including some of its senior most management […]

Constant loses forces JS Air to close its operation in Pakistan

Constant loses forces JS Air to close its operation in Pakistan JS Air has decided to shut down its operations after several of its customers were scared away towards its competitors. The Air lines clientage fell drastically after a deadly accident killed 21 people nearly a year ago. Munawar Alam Siddiqui, chairman of JS Air, […]

Lakhra Power Plant non-operational since 2006 due to leasing disputes

Lakhra Power Plant non-operational since 2006 due to leasing disputes Two units of the Lakhra Power Plant has been out of order since 2006 due to a leasing disputes and it may very well continue to do so as Water and Power Development Authority has not issued the plant’s maintenance fund. Lakhra Power Plant, based […]

Need to find solution for Gas shortage otherwise Pakistan’s energy system would collapse reckons Petroleum Minister

Need to find solution for Gas shortage otherwise Pakistan’s energy system would collapse reckons Petroleum Minister Monday, January 2, 2012: Asim Hussain, Petroleum Minister has urged the people of Pakistan to face Gas shortage collectively otherwise the countries energy system would collapse. Hussain also said that Goverment should take rapid steps to find solution for […]

Pakistan and China go forward with $130 million power project

Pakistan and China go forward with $130 million power project Friday, December 30: Pakistan and China have taken their friendship to next level, as the two countries agreed for the construction of first green power project of 50megawatts to be completed by next summer with an estimated cost of $130 million. The ceremony of Three […]

No gas for industries in Punjab until further order: SNGPL

No gas for industries in Punjab until further order: SNGPL Thursday, December 29: Sui Northern Gas Pipelines Limited (SNGPL) has ordered gas suspension for all industries of Punjab until any further order. According to a notification issued by the company, the verdict was passed in order to provide the gas to its domestic consumers. According […]

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