Govt urged to form policies to increase industrial investment
Sheikhupura Chamber of Commerce and Industry arranged a webinar for the industrialists of the country. President of the chamber Adil Mahmood acted as the moderator of the webinar. During the webinar the industrialists termed 2020 as the ‘year of pains and gains’. The participants of the webinar acknowledged that despite intense pressure due to COVID-19 […]
Large scale manufacturing witnesses 14.5 percent growth
Pakistan’s Large Scale Manufacturing (LSM) industry has seen an unprecedented growth in the last few months. Just for the month of November 2020 the LSM witnessed a massive growth of 14.5 percent. Federal Minister for Planning, Development and Special Initiatives, Asad Umar in a Twitter statement said that 7.4 percent LSM growth was witnessed from […]
Govt, IPPs start signing agreement for bringing down power tariffs
After extensive negotiations and discussions the IPPs and the Government have come to an agreement for bringing down power tariffs. The IPPs which signed MoUs with the government in August have started signing the Master Agreement. To this effect, one solar IPP namely Harappa Solar Power Private Limited (HSL) having a capacity to generate 18MW […]
OGDCL adds 2,666 BPD oil, 82 MMCFD gas to national system
The Oil and Gas Development Company Limited (OGDCL) has reported that during the year 2019-2020 the company has injected additional 2,666 BPD oil, 82 MMCFD gas and 77 MTD LPG in its production gathering system during second quarter of the fiscal year 2020-21, ending on December 31. OGDCL has achieved the increased production by injecting […]