CCoP expels Mari Petroleum from the list of privatization

The minister for finance and revenue Shaukat Tareen presided over the meeting of the cabinet committee on privatization wherein the strategies for divesting the shares that the government holds over Mari Petroleum Company limited (MPCL) were discussed in detail. It was decided after a careful consideration that MPCL will be excluded for the list of […]

Disagreements between Power division and KE regarding supply of additional 1400MW

The issue of additional supply of 1400MW to Karachi has still not been resolved as there have been disagreements between Power Division and Karachi Electric (KE) regarding base load verses firm capacity and Late Payment Surcharge for regulatory delays between the two parties. In this regard newly appointed Secretary Power, Syed Asif Hyder Shah has […]