Engineering Industry and budget FY2021-22
The Federal government has unveiled the third budget of it tenure with an outlayof Rs8,487 billion with an ambitious tax collection target of 5,829 billion.According to the Forbes magazine “Pakistan has succeeded in reviving itseconomy, which is expected to grow by nearly 4% in 2021”Significant points of the budget regarding overall development and engineeringindustry are […]
Wapda supplying 5,800MW to national grid
Power Houses of Water and Power Development Authority (WAPDA) aresupplying 5,800 MW to the national grid during off-peak hours. This was said by aspokesperson of the authority in an official statement.All WAPDA power houses including Tarbela were working as per their routine. ThePower Houses were generating electricity according to water discharges, headded.Currently, Tarbela is supplying […]
Chairman WAPDA to retire without seeking extension
Chairman Water and Power Development Authority (Wapda) Lt-GeneralMuzammil Hussain (retd) has written a letter to the Prime Minster Imran Khanstating that he will be completing his tenure precisely on August 24, 2021 andhence he deemed it appropriate to request for timely initiation of a process forselection of his successor.According to the Auditor General of Pakistan […]
Privatisation of PECO delayed until resolution of internal issues
The Privatization Commission (PC) of Pakistan decided to shelve the plan forprivatization of Pakistan Engineering Company (PECO) until the entity is free frominherent issues.Cabinet Committee on Privatization (CCoP), in its meeting held on 8 August, 2019,directed the PC to select any ten PSEs from the privatization list approved in CCoPmeeting, held on October 31, 2018, […]
CM KP orders to expedite Chashma Right Bank Lift Canal
KP Chief Minister Mahmood Khan while chairing a meeting regarding progress onmega developmental projects instructed all the authorities concerned tocomplete feasibility study, PC-1 and other prerequisites for Chashma Right BankLift Canal (CRBC) project by March next year.Senior officials of Urban Development, Revenue, Planning & Development,communications & works, finance, irrigation, and other relevant departmentsattended the meeting.Other […]