Energy’s circular debt Rs 5.2 trillion
Caretaker Energy Minister Muhammad Ali while briefing the media said that the total revolving debt of the energy sector is Rs 5422 billion. The revolving debt of the petroleum sector including interest is Rs 322 billion, while the revolving debt of the…
SNGPL receives tax recovery notice of Rs 100 b
ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) is reportedly in the hot waters after receiving tax recovery notice of Rs 100 billion from the Federal Board of Revenue (FBR) on swapping issue, sources told Tribune Times. As per available…
PSO no progress on setting up Greenfield oil Refinery
ISLAMABAD – Pakistan State Oil Company (PSO) under supervision and guidance of government is actively engaged in discussions with various parties regarding establishment of a Greenfield Refinery Project. However, at this point in time no material…
Alvi rejected calling NA session
ISLAMABAD – President Arif Alvi has again refused to sign the summary sent to him by Parliamentary Affairs Division for convening the National Assembly session on February 29, 2024, sources said. Sources disclosed that President Alvi in his comment…
CCoE approves inside work on 80 km IP Gas Pipeline
A summary of Petroleum Division regarding IP Gas Pipeline was taken up by the Cabinet Committee on Energy (CCoE) in its session of February 23, 2024. The CCoE approved the recommendations of the Ministerial Oversight Committee for the IP Project…
Zong 4G & BaKhabar Kisan partnering to promote Urban Farming/Agri-Tech
Islamabad, 21st February 2024: Zong 4G, Pakistan’s leading telecommunication organization Zong 4G, has collaborated with BaKhabar Kisan to facilitate seamless communication between the Farmers and Agri Experts to make informed and timely decisions,…
Half FY Power Circular Debt Rs 2.5 trillion
ISLAMABAD: Pakistan’s power sector circular debt has reached Rs 2.551 trillion during first half of current fiscal year (July- December) 2023-24 against Rs 2.536 trillion during the same period of 2022-23.According to a government document, total…
Pink Rock Salt Crushing and Packaging Facility
Islamabad – Pakistan Mineral Development Corporation (PMDC) and Miracle Saltworks Collective Inc. (MSCI) Cement Historic Joint Venture for Pink Rock Salt Crushing and Packaging Facility in Pakistan under the facilitation of SIFC. The official…
PIA segregation
ISLAMABAD – Federal Cabinet in its meeting held on August 8, 2023 had approved listing of Pakistan International Airlines Corporation Limited (PIACL) in the active Privatization Program. Subsequently, in line with the federal cabinet’s approval dated…
PSL matches schedule
Pakistan Super League 2024 will begin on February 13 and run through March 19, 2024. This will be the league’s eighth season altogether. The entire PSL 9 will take place in Pakistan, according to PCB. PSL Schedule 2024 Time Table and Updates are…