Chief Minister Khyber Pakhtunkhwa, Pervez Khattak, will lead a rally in Peshawar on Monday to protest against the long power outage in the province, provincial assembly members said on Sunday. Addressing a press conference in Peshawar, Pakistan Tehreek Insaf MPAs described the load-shedding as a conspiracy against their government. They demanded immediate removal […]
President Asif Ali Zardari while taking notice of the prolonged loadshedding and widespread protests in the country summoned Petroleum Minister Dr. Asim Hussain and directed him to take immediate measures to overcome the crisis. People across the country, particularly in Punjab, have been subjected to the worst form of power outage stretching up to 18 […]
Jun 18 2012 | Posted in
Pakistan,
Society |
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Joining the chorus in criticizing the government, Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan demanded an audit of all discretionary funds of the president, prime minister, chief ministers and defence budget allocated for the armed forces. Addressing a press conference to give his party’s response to budget presented for the year 2012-13, the cricketer-turned-politician condemned the […]
With the rise in mercury level, the power shortfall continues to plague the country as electricity shortfall has risen to 7,000 megawatts (MW) that resulted in increase in unannounced load shedding across the country. PSO has reduced fuel supply to IPPs and power houses due to which electricity is being generated around 10,000 MW while […]
Jun 1 2012 | Posted in
National,
Pakistan |
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Incensed by prolonged loadshedding, the people are not happy with their leaders. The bitter truth is better than a string of lies that build false hopes among the masses. Additionally such lies only reduce credibility of the government and further disappoint people when come from sitting ministers and representatives of the government. In the latest […]
Despite strong rebuttal, the Karachi Electric Supply Company (KESC) once again at the receiving end of Senator Raza Rabbani’s criticism, who called it an ‘economic terrorists’. Senator Raza Rabbani, one of the strong political figures of PPP, while speaking on a point of order in the Senate, said that the KESC was robbing the people […]
PEPCO liabilities crosses Rs400 billion mark Tuesday, January 24, 2012: Pakistan Electric Power Company (PEPCO) sinks deeper into debts, as the outstanding liabilities of the government owned firm crossed the Rs400 billion mark. The aforementioned figures were confirmed by Rasul Khan Mahsud, the managing director of PEPCO and the National Transmission and Dispatch Company (NTDC). […]
Jan 25 2012 | Posted in
Business,
Pakistan |
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PEPCO sinks further into debts Failing to make an adequate amount of recoveries from the Pakistani government and private sector, PEPCO (Pakistan Electric Power Company) sank further into debts. As on, Monday, December 26 the company owes Rs350 billion to various lenders. According to documents, Pepco’s receivables stood at Rs345.969 billion (provincial and federal governments […]
Dec 27 2011 | Posted in
Business,
Pakistan |
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ISI among the defaulters of Pepco During the alarming situation of its increasing receivables, Pakistan Electric Power Company (Pepco) has highlighted the intelligence department of Pakistan, ISI as one of its highest defaulters. Pepco, whose receivables have topped to Rs327 billion, is suffering from one of its severe crisis of all times. However, the light […]
Dec 1 2011 | Posted in
Latest News |
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PEPCO’s dissolution finalised The government of Pakistan has eventually decided to dissolve Pakistan Electric Power Company (PEPCO) after the organisation failed to meet the deadlines four times in the current fiscal year. The board of directors of PEPCO had a meeting on Thursday to advise the formal dissolution of the company as per the legal […]
Nov 18 2011 | Posted in
Business,
Politics |
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