Raja Parvez Ashraf summoned for questioning by NAB
Tuesday, 14 May 2013 11:51
Umer Nangiana
Former prime minister Raja Pervez Ashraf has been summoned for questioning by the National Accountability Bureau (NAB) in the Rental Power Projects (RPP) corruption case on Tuesday.
On the request of NAB, the names of all the suspects in the RPP case have been put on the Exit Control List (ECL). Ashraf, who had not been previously barred from leaving the country due to his status as prime minister, has now been put on the list, said an official from NAB.
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China vows solar panel companies protection against EU tariff
Thursday, 09 May 2013 14:23
Greg Matthews
BEIJING--China resolutely opposes plans by the European Union to impose punitive tariffs on imported Chinese solar panels and will protect local companies, a spokesman for the Ministry of Commerce said Thursday.
Sethi vows to reduce load-shedding hours in a few days
Friday, 26 April 2013 11:04
Abdul Manan
Load-shedding in Punjab would be reduced by three hours within four days, and a further two-hour reduction will follow in the first week of May, tweeted caretaker Chief Minister Najam Sethi on Thursday.
According to a press statement, at a meeting at the chief minister’s secretariat, it was decided that a sum of Rs45 billion will be given to Punjab, to relieve the province of its energy crisis.
How the power crisis got out of hand
Wednesday, 24 April 2013 12:44
Sartaj Aziz
The Pakistan Peoples Party (PPP) is naturally apprehensive about the adverse impact of the unprecedented load-shedding during its tenure on its electoral fortunes in the coming elections. In frustration, it is making desperate efforts to mislead the nation through expensive full page advertisements that “if the PML-N government had not stopped 24,000 MW of power projects in 1997, there would be no load shedding today.”
Since this is a grave national issue whose real importance goes far beyond electoral politics, the truth must be fully explained.
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KPK Govt and PSO sign $ 600m oil refinery deal
Friday, 12 April 2013 12:13
Zafar Bhutta
The country’s first trillion-rupee-company Pakistan State Oil (PSO) and the government of Khyber-Pakhtunkhwa (K-P) signed a deal to build a $600 million oil refinery, with a refining capacity of 40,000 barrels of oil per day.
The multimillion dollar project is expected to be fully commissioned by 2016-17.
Ogra and petroleum ministry unable to convince SC
Thursday, 11 April 2013 15:33
Fatima Rizvi
The Supreme Court hearing of the alleged grant of illegal CNG station licenses by successive PPP prime ministers and then petroleum minister Dr Asim Hussain, took a new turn on Wendesday.
The Oil and Gas Regulatory Authority (Ogra) told the SC on Wednesday that it issued 1,471 operational licenses from 2008 to 2012 but none of these were fresh licenses, and all of them had secured NOCs before 2008.
Energy shortfall causes 18 hour loadshedding in urban areas
Monday, 08 April 2013 14:44
Ahmad Fraz Khan
Urban centres endured 18 hours of loadshedding and rural areas virtually remained without electricity after a series of crises hit the power sector over the past two days with generation declining to below 7,000MW against a demand of over 13,000MW.
As if that were not enough, power planners in private conversation conceded that the ground reality was even worse than what the statistics suggested. Officially, the demand and supply gap stood at 60 per cent, but consumers in areas covered by the government utilities were getting only 20pc of the required supply because of various reasons.
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