Iran to supply 100MW daily to Gwadar
Prime Minister Shehbaz Sharif has made a significant announcement regarding the power project in Balochistan’s Gwadar region, emphasizing its importance for the area’s energy needs. He revealed that Iran will provide a daily supply of 100 megawatts of electricity to Gwadar once the Polan-Gabd electricity transmission line project becomes operational. This announcement came during a […]
LSMI output down by 8 percent for July-March 2023
Pakistan Bureau of Statistics (PBS) uploaded the Large Scale manufacturing industries LSMI output data for the time period of July-March 2023. The output has been decreased as compared to the same period last year and the decrement is recorded to be of almost 8.11 percent. When compared to March 2022, LSMI output decreased by 24 […]
Kachhi Canal Extension Project to be completed in couple of months
Kachhi Canal Extension Project being constructed by WAPDA in District Dera Bugti of Balochistan will be completed in couple of months to irrigate another 30,000 acres of land in the project area. Consequently, the command area of Kachhi Canal Phase-I will extend to 102,000 acres. This was briefed by the project management to Chairman WAPDA […]
AEDB proposed to negotiate with US International Development Finance Corporation (DFC) on wind power projects
The Alternative Energy Development Board (AEDB) has proposed negotiations with five wind power projects funded by the US International Development Finance Corporation (DFC) to reach a mutually acceptable agreement and reduce tariffs. However, the DFC has indicated that it will not invest in Pakistan until the issues related to these wind power projects are resolved. […]
PALSP warns FBR regarding increased steel bars smuggling
The Pakistan Association of Large Steel Producers (PALSP) has issued a stern warning to the Federal Board of Revenue (FBR) regarding the increasing smuggling of steel bars from neighboring Iran and Afghanistan. PALSP’s recent letter emphasizes the alarming scale of steel bar smuggling, posing a significant threat to Pakistan’s steel industry. The association estimates that […]