ISLAMABAD, April 15 (APP): Prime Minister Muhammad Shehbaz Sharif on Monday directed for drastic measures including shifting of imported coal run plants, improvement in power supply system, setting up cost effective and renewable energy plants and functioning of solar projects to reduce cost of electricity per unit thus benefiting the ordinary people. The prime minister… Continue reading PM directs for vital measures to reduce power price per unit for common man
Tag: circular debt
PM for effective, durable strategy to do away with circular debt of energy sector
ISLAMABAD, Jan 24 (APP):Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday directed the Ministry of Energy to formulate an effective and durable strategy to do away with the circular debt of the energy sector. The prime minister, chairing a meeting to discuss the strategy to reduce circular debt of the energy sector, said all the stakeholders… Continue reading PM for effective, durable strategy to do away with circular debt of energy sector
Govt successfully overcome circular debt crisis: Hammad
ISLAMABAD, Jul 1 (APP): Minister for Energy Hammad Azhar has said that the government has successfully overcome circular debt crisis as only Rs 177 billion increase in circular debt is expected this year owing to the effective steps taken by the government. In a tweet, the minister said Rs 360 billion decrease was expected in… Continue reading Govt successfully overcome circular debt crisis: Hammad
Projected circular debt accumulation declining: CCoE
ISLAMABAD, Feb 4 (APP):The Cabinet Committee on Energy (CCoE) Thursday noted that the projected circular debt accumulation was decreasing as a result of the Circular Debt Management Plan being implemented by the government. The committee also appreciated the efforts of the Power Division for regular monitoring of circular debt situation and directed them to timely… Continue reading Projected circular debt accumulation declining: CCoE
Progress made on draft agreement with 3 gas-based IPPs: Sources
ISLAMABAD, Jan 21 (APP): Progress was made on the agreement with the Independent Power Producers -as three gas-based leading IPPs agreed on a draft of legally binding contracts on the basis of MOUs initially signed in August 2019. The three companies; Sapphire, Halmore, and Orient, setup under the 2002 power policy, have moved ahead on… Continue reading Progress made on draft agreement with 3 gas-based IPPs: Sources
ECC forms committee to resolve circular debt issue
ISLAMABAD, Nov 4 (APP):The Economic Coordination Committee (ECC) of the cabinet Wednesday formed a committee to prepare a proposal on modalities for clearing the circular debt of the Petroleum Division. The committee was constituted during the ECC meeting chaired by Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh here. The committee would… Continue reading ECC forms committee to resolve circular debt issue
CCOE directs for implementing reform measures to minimize circular debt
ISLAMABAD, Oct 29 (APP):The Cabinet Committee on Energy (CCOE) Thursday directed the Power Division to workout detailed projections and mitigation strategies for circular debt build up as well as monitor the implementation progress of the reform measures to minimize the circular debt buildup in the power sector. The meeting of the committee was held here… Continue reading CCOE directs for implementing reform measures to minimize circular debt
Success of govt’s economic policies evident from decreasing Current Account deficit: PM
By Shafek Koreshe ISLAMABAD, Feb 14 (APP): Prime Minister Imran Khan Friday said success of the economic policies of his government was evident from the decreasing Current Account deficit, which indicated stability of the economy and was also acknowledged by international financial institutions. “However, we still need to focus on enhancing exports, if we wish… Continue reading Success of govt’s economic policies evident from decreasing Current Account deficit: PM
- Pro-Palestinian protests embroil US colleges, prompting arrests
- PM, Saudi Royal court advisor discuss ways to boost economic ties
- Minister meets Chinese Consul General, discusses bilateral cooperation, Chinese security
- Pakistani players celebrated the wicket of New Zealand batsman Michael Bracewell catch Babar Azam ball by Shadab Khan during the Fifth Twenty20 International cricket match between Pakistan and New Zealand at the Qaddafi cricket stadium
- Advisor at the Royal Court and General Secretary of Saudi-Pak Supreme Coordination Council H.E. Mr. Mohammed bin Mazyad Al-Tuwaijri calls on Prime Minister Muhammad Shehbaz Sharif.
