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PAC annoyed at absence of NAB, FSC top officials

PAC annoyed at absence of NAB, FSC top officials
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Sardar ayaz sadiqShaikh rohale asgharRana tanveer hussainAyaz sadiqJaved iqbalDg federal service commissionPetroleum divisionGas infrastructure development cessSupreme courtDepartmental accounting committeeService commissionPublic accounts committeeFederal service commissionTanveer hussainDirector financeSecretary petroleum division

PAC annoyed at absence of NAB, FSC top officials

KE consumers to get Rs2 35bn fuel cost benefit - Newspaper

The combination of monthly FCAs for 11 months came as a blessing in disguise to consumers as increases in tariff costs in certain months were compensated in other months. AFP/File ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday notified fuel cost adjustments (FCAs) for K-Electric for 11 months July 2019 to May 2020 involving a net relief of Rs2.355bn to consumers. The regulator had completed the public hearing on KE’s FCAs on Feb 23. The combination of monthly FCAs for 11 months came as a blessing in disguise to consumers as increases in tariff costs in certain months were compensated in other months.

Gas infrastructure development cessNational electric power regulatory authority nepra onNational electric power regulatory authorityவாயு உள்கட்டமைப்பு வளர்ச்சி சிஇஎஸ்எஸ்தேசிய மின்சார பவர் ஒழுங்குமுறை அதிகாரம் நெப்ரா ஆன்தேசிய மின்சார பவர் ஒழுங்குமுறை அதிகாரம்

Engro Fertilizer s CY20 profit up 7 78pc

Business February 16, 2021 KARACHI: Engro Fertilizers Limited has announced a net profit of Rs18.133 billion for the year ended December 31, 2020, which is 7.78 percent higher than the profit of Rs16.87 billion recorded in the previous year ended December 31, 2019. The earnings per share (EPS) for 2020 clocked in at Rs13.58 compared with the EPS of Rs12.64 in 2019. The company also declared a final cash dividend of Rs4.0/share, which is in addition to the interim dividend of Rs9.0/share already paid to the shareholders. The earnings came in line with the market expectations. “Growth in earnings is attributed to lower feed and fuel gas cost amidst Gas Infrastructure Development Cess (GIDC) reduction. One time impact of GIDC re-measurement under IFRS-9 amounts to Rs2.121 billion,” an analyst at Taurus Securities said.

Gas infrastructure development cessArif habibEngro fertilizersEngro fertilizers limitedTaurus securitiesArif habib limitedவாயு உள்கட்டமைப்பு வளர்ச்சி சிஇஎஸ்எஸ்ஆரிப் ஹபீப்டாரஸ் பத்திரங்கள்ஆரிப் ஹபீப் வரையறுக்கப்பட்டவை

GIDC arrears amounted to Rs81 81b

GIDC arrears amounted to ‘Rs81.81b’ Public Accounts Committee panel summons K-Electric over non-payment to SSGC ISLAMABAD: A subcommittee of the Parliamentary Public Accounts Committee (PAC) on Thursday summoned K-Electric officials over the issue of unauthorised supply of gas to it and non-payment of arrears to the Sui Southern Gas Company (SSGC). A meeting of the subcommittee, with its convener Raja Riaz in the chair, reviewed the audit objections regarding the Petroleum Division for 2018-19. The committee was informed by audit officials about the non-recovery of Rs 81.81 billion under Gas Infrastructure Development Cess (GIDC). SSGC officials informed the committee that gas worth Rs10 billion was stolen in Balochistan, annually, and they stressed the need for the government and the relevant agencies to resolve the issue of gas theft in the province.

Noor alam khanRaja riazAsad hayauddinNational accountability bureauPetroleum divisionParliamentary public accounts committeeGas infrastructure development cessPakistan petroleumSui southern gas companyPetroleum division secretary asad hayauddinPakistan petroleum limitedAlam khanநூர் ஆலம் காந்ராஜா ரியாஜ்தேசிய பொறுப்பு பணியகம்பெட்ரோலியம் பிரிவு