Tariff of Rs11.97 per unit approved for winter
Govt encourages maximum usage of electricity The Economic Coordination Committee (ECC) approved flat tariff regime at Rs11.97 per unit for electricity consumers of domestic, commercial and industrial sectors using ToD (Time of Day) meters for four months of winter season to be effective from November 1, 2019 to end February 2020. The domestic consumers […]
2nd Pak china FTA to be operational from 1st Dec 2019
Advisor to Prime Minister on Commerce, Investment, Industries and Textile, Abdul Razak Dawood on has said that the second phase of Free Trade Agreement (FTA) with China is going to be operational from Dec 01, 2019 helping Pakistan come at par with the Association of South East Asian Nations (ASEAN) in Chinese market, providing […]
Govt to provide soft loans to strengthen cottage industry
The Punjab govt has decided to introduce a soft loan programme which is envisioned to help promote the industrial sector, and especially the cottage industry facing severe shortage of resources. CM Punjab Usman Buzdar accorded approval for the initiation of the programme. According to the details provided by the government Rs 300 million has […]
China to help Pakistan in development of oil and gas industry
During 9th meeting of joint cooperation committee of China-Pakistan Economic Corridor (CPEC) the Chinese side agreed to provide guidelines and support for the development of oil and gas industry of Pakistan. It was decided during the meeting that under the oil and gas sub-working group China will provide effective guidance for the development of […]
China to convert Thar coal into Diesel and Gas
In a recent development China has agreed to bring the strategic project of turning Thar coal into diesel and gas under the CPEC umbrella. It will first provide financing for feasibility study prior to launching the project. Special Assistant to Prime Minister on Petroleum Nadeem Babar while talking to the media said “The authorities […]