Page 2 - Power Divisions News Today

ISLAMABAD: In line with the IMF diktat, the government has decided to impose a surcharge of Rs3.50 on electricity bills and in principle to do away with the subsided tariff of Rs19.90 available to...

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail on Friday formed a high-powered committee to engage Chinese IPPs regularly to address their concerns regarding outstanding...

The federal govt has decided to clear the due payments to the Chinese independent power producers (IPPs) set up under the CPEC.

The Finance Minister has formed a committee, comprising representatives from Finance and Power Divisions and CPEC, to hold meetings with Chinese IPPs on regular basis to address and resolve their concerns.

ISLAMABAD: The Public Accounts Committee (PAC) on Wednesday examined the audit report for the year 2020-21 of...

ECC Revises Eligibility Criteria for Special Incentive Package of Housing and Construction Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet held today. Naya Pakistan Housing and Development Authority (NAPHDA) Chairman presented revised eligibility criteria for selection of applicants, modalities for payment of cost subsidy, and mechanism for release of funds regarding the special incentive package ...

Ban on gas supply to general, export industry on the cards National January 13, 2021 ISLAMABAD: In an unexpected development, the Energy Ministry is all set to disconnect the imported and local gas supply to captive power plants meant for both export and non-export industry from February 1 on a permanent basis. And to this effect, top relevant officials of both the Petroleum and Power Divisions of the Energy Ministry have prepared a summary seeking moratorium on imported and local gas supply ...

Cabinet questions performance of export sectors Members say no data available to confirm benefits to economy if incentives offered Pakistan needs to diversify exports by especially focusing on sectors like halal food, IT, pharmaceuticals, etc. PHOTO: REUTERS ISLAMABAD: Cabinet members have raised question over the performance of export-oriented sectors in terms of exports to the international market as there was no data available to verify benefits to the economy. The cabinet, in a recent meet...

Plants and you had to announce that there might be more job losses there turbine plants on the companys power divisions could be shut down again how do you feel when you have to make announcements like that or you could norman. youve got to be honest and transparent and not beat about the bush when demand goes down by fifty sixty seventy percent you have to act. like youre being touted in the media as germanys first potential few meals even. at least thats what i read is that ambition pressure o...