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Kh Asif sheds light on Chinese investment, projects

ISLAMABAD: Federal Minister for Water and Power Khawaja Asif said that China intends to invest 34 billion dollars in Pakistan as Foreign Direct Investment (FDI) and not as a loan. “Chinese companies...

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Delays in Nandipur power project cause over Rs113b loss

ISLAMABAD: Delay in the 425MW Nandipur power project have caused a huge loss of more than Rs113 billion to the national exchequer. This was disclosed by Federal Minister for Water and Power Khawaja...

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Finance Minister Dar tasks auditors to ascertain causes of electricity...

ISLAMABAD: Finance Minister Ishaq Dar here the other day tasked the auditors to ascertain clearly why over-billing had actually occurred in the previous months. A meeting of the Special Committee of...

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590MW Mahl Hydropower Project to cost $1,200m

ISLAMABAD: A letter of Interest (LoI) for the construction of 590 MW Mahl Hydropower Project, having estimate cost of $1,200 million, has been issued to M/s CWE Investment Corporation China and M/s...

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Inflation lowest in Oct: Dar eyes 5.1pc GDP growth as 4.14pc achieved

ISLAMABAD: Federal Finance Minister Ishaq boasted that inflation for October was the lowest over the past 17 months at 5.8pc, saying that the government was striving to take GDP growth rate to 5.1...

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1,860MW power projects to end energy crisis: Khawaja Asif

ISLAMABAD: Minister for Water and Power Khawaja Muhammad Asif has said that the government has decided to end energy crisis by expediting the two projects, including 1,200 MW power project by China...

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Rs2.32/unit tariff cut: Altaf urges PM to make K-Electric pass on relief to...

KARACHI: Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has urged Prime Minister Nawaz Sharif to order the K-Electric management to ensure cut in the power tariff in proportion to his announcement...

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Kh Asif sheds light on Chinese investment, projects

ISLAMABAD: Federal Minister for Water and Power Khawaja Asif said that China intends to invest 34 billion dollars in Pakistan as Foreign Direct Investment (FDI) and not as a loan. “Chinese companies...

View Article


Delays in Nandipur power project cause over Rs113b loss

ISLAMABAD: Delay in the 425MW Nandipur power project have caused a huge loss of more than Rs113 billion to the national exchequer. This was disclosed by Federal Minister for Water and Power Khawaja...

View Article


Finance Minister Dar tasks auditors to ascertain causes of electricity...

ISLAMABAD: Finance Minister Ishaq Dar here the other day tasked the auditors to ascertain clearly why over-billing had actually occurred in the previous months. A meeting of the Special Committee of...

View Article

590MW Mahl Hydropower Project to cost $1,200m

ISLAMABAD: A letter of Interest (LoI) for the construction of 590 MW Mahl Hydropower Project, having estimate cost of $1,200 million, has been issued to M/s CWE Investment Corporation China and M/s...

View Article

Inflation lowest in Oct: Dar eyes 5.1pc GDP growth as 4.14pc achieved

ISLAMABAD: Federal Finance Minister Ishaq boasted that inflation for October was the lowest over the past 17 months at 5.8pc, saying that the government was striving to take GDP growth rate to 5.1...

View Article

1,860MW power projects to end energy crisis: Khawaja Asif

ISLAMABAD: Minister for Water and Power Khawaja Muhammad Asif has said that the government has decided to end energy crisis by expediting the two projects, including 1,200 MW power project by China...

View Article


Rs2.32/unit tariff cut: Altaf urges PM to make K-Electric pass on relief to...

KARACHI: Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has urged Prime Minister Nawaz Sharif to order the K-Electric management to ensure cut in the power tariff in proportion to his announcement...

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