Renewable Energy Projects to go through bidding process
In order to ensure the least cost procurement of renewable electricity, Cabinet Committee on Energy (CCoE) has approved a summary. This includes all new Renewable Energy (RE) projects in an open competitive bidding process. The CCoE met with Federal Minister for Planning, Development and Special Initiatives in the chair at P-Block Secretariat and approved the […]
Composition of boards of power sector companies to be changed
The boards of Power companies are expected to be changed by the federal government to ensure proper representation from public sector institutions in the boards. The board of Power Distribution Companies (Discos), National Transmission and Despatch Company (NTDC) and Generation Companies (Gencos) are expected to be altered in the near future. This decision to change […]
SCO to lay 300KM fiber optic cable for Diamer Bhasha Dam
An agreement was signed between the Pakistan Water and Power Development Authority (WAPDA) and Special Communication Organisation (SCO) worth Rs.860 million for an uninterrupted and state-of-the-art communication and information technology services for Diamer Basha Dam Project. Under the contract, SCO will provide 4G cellular sites equipment, transmission media comprising 300 Km optic fiber cable from […]
PALSP urges for effective tax mechanism for steel units
The Pakistan association of large steel products (PALSP) contacted the chairman of the FBR to discuss the current economic conditions of the small local steel units around the country. The steel sector has valued the fact that the government has excused the sales tax for the steel supply by the domestic manufacturers which is currently […]