Shale Gas Discovered in Makran
A recent oceanographic survey conducted in the coastal belt of Makran has discovered huge reserves of Shale gas. In fact Pakistan is currently sitting on the 9th largest shale gas reserves. This was revealed by Chairman Joint Chiefs of Staff Committee (JCSC) Gen Zubair Mahmood Hayat during a QA session while addressing a conference in […]
Pakistan Space Center to be established
The government has decided to set up Pakistan Space center near Rawalpindi. The project envisages achieving self-reliance in indigenous development, manufacturing, assembly, integration and testing of different types of satellites. Pakistan Space and Atmosphere Research Commission (Suparco) has prepared the project at a cost of Rs 26.998 billion including Foreign Exchange Component (FEC) of Rs […]
ECNEC injects Rs 659.403 billion in Development projects
A meeting of Executive Committee of the National Economic Council (ECNEC) presided over by Finance minister Asad Umer has approved Rs 659.403 Billion worth of developmental projects. The Different project which were granted funds are Project for evacuation of power from hydro power projects of Suki Kinari, district Mansehra, Khyber Pakhtunkhaw, Kohala, district Muzaffarabad, and […]
World Bank to provide $7.636bn for development projects
Senate Standing Committee on Planning, Development and Reforms has been told that World Bank has committed a total of $ 7.636 billion loans to Pakistan for various development projects out of which $ 2.41 billion have already been disbursed. The committee met under the chairmanship of Senator Agha Shahzaib Khan Durrani. World Bank will provide […]