By NewzTodays Editorial Team | January 17, 2022

Ibn-e-Ameer Ministers for Energy and Finance want privatization of two power plants-Guddu and Nandipur to clear the debt of Pakistan State Oil (PSO).  During a discussion in a recent meeting of the cabinet, the cabinet secretary suggested that in the case titled ‘Privatisation of Guddu Power Plant & Nandipur Power Plant, the option of equity…

By NewzTodays Editorial Team | January 17, 2022

Ibn-e-Ameer The cabinet has approved Rs 100 billion payment to Independent Power Plants (IPPs) to manage the liquidity requirements of the power sector in Pakistan. Earlier, the economic coordination committee (ECC) in its meeting held on January 5 had approved payment of Rs 100 billion to IPPs. The government has already paid Rs 134 billion…

By NewzTodays Editorial Team | January 15, 2022

News Report In a major development, Pakistan is in talks with Russia to lay a gas pipeline from Kazakhstan.   Minister for Energy Hammad Azhar on Saturday stated this while addressing a press conference.   We are working at substitutes as the local reserves were depleting and the government has introduced a law to mix…

By NewzTodays Editorial Team | January 13, 2022

News Report  The Upliftment of furnace oil has been 36% lower than the demand which led to furnace oil stocks issues at the local refineries. Briefing the standing committee on the cabinet, Chairman OGRA said while discussing issues relating to the import of Furnace Oil and its impact on Oil Refineries. The power plants have…

By NewzTodays Editorial Team | January 13, 2022

News Report Council of Common Interests (CCI) decided on Thursday to conduct the 7th Census adopting international best practices, using digital technology and GIS monitoring system. The government will conduct Housing Census before the Population Census. Prime Minister Imran Khan chaired the 49th Meeting of the Council of Common Interests (CCI). While welcoming the Chief…

By NewzTodays Editorial Team | January 5, 2022

Customer follows unique techniques to steal gas through CNG Cylinders News Report SNGPL, Lahore Region has unearthed gas theft by CNG station through CNG cylinders. The customer used CNG cylinders to steal gas and sold it in the open market. SNGPL, Lahore Region in coordination with Head Office Task Force has conducted a raid at…

By NewzTodays Editorial Team | January 5, 2022

News Report Islamabad:  As the gas crisis intensifies, Sui Southern Gas Company (SSGC) has announced the complete suspension of gas supply to Captive Power Plants (CPPs) of all General industries excluding Non-Export Sectors to bring the supply pressure back to normal position for domestic gas consumers, said an official order of the Company. The official…

By NewzTodays Editorial Team | December 31, 2021

News Report The cabinet committee on Privatization (CCoP) on Friday decided to shelve a plan of divesting government shares in Mari Petroleum Company Limited. The cabinet body has now dropped it from the list of privatization. Sources said that the petroleum division had opposed the plan of divesting shares of Mari Petroleum. The cabinet body…

By NewzTodays Editorial Team | December 29, 2021

Ibn-e-Ameer Lucky Motors and Hyundai Nishat take a lead in the late delivery of 3403 new cars cases and paid Rs 139 million interest as penalty to the customers that were forced to pay ‘on-money. The customers faced delays in delivery of new cars in Pakistan.   The previous government of PML-N had offered incentives for…

By NewzTodays Editorial Team | December 22, 2021

Ibn-e-Ameer The government has changed the gas supply merit order for a continuous supply of gas to the fertilizer sector.   Economic Coordination Committee has taken a decision to bring fertilizer sector in part with domestic and export sector to supply gas. Ministry of Industries and Production informed the economic coordination committee (ECC) of the cabinet…