The signing will lead to further development, financing, construction and subsequently operation of the project.
Ogra recommends an increase of 3pc in the price of petrol, 5.2pc in HSD, 4.85pc in HOBC and 19.93pc in kerosene.
The decision is aimed at facilitating setting up of 3,600MW plants in the public sector.
Nepra has admitted for second review on a request to enhance the cost of the project by 55pc to Rs65bn.
The federal government has set its fiscal deficit limit of Rs1.276tn, or 3.8pc of GDP on the basis of Rs339bn cash
ISLAMABAD: The sales of two major petroleum products — petrol and diesel — crossed a record 560,000 tonnes and...
'The ministry and Wapda were caught off guard as unpreparedness coupled with natural events changed the situation.'
Nepra said the power generation capacity increased by 7pc during the year ending June 2015 but the output rose 3.6pc.
The commission warns that the proposed project is being pushed forward with greater emphasis to counter the CPEC.
The reduced rates will not apply to K-Electric consumers.
The govt let Punjab take the lead and bring out its provincial integrated water initiative first.
Recent data shows the price of high sulphur furnace oil has been lower than the price of LNG
Incentive for higher price allows better quality high speed diesel to be produced locally.
The government is short on funds to mobilise the Rs7 billion Early Warning System project.
GPA is allowed to select a Chinese company along with Chinese equipment for EPC contracts of Gwadar Port.
The pricing will be done by the oil industry on the basis of monthly averages.
Critics say Pakistan could have been much better had the overall governance improved and sectoral reforms taken to...
The amount is in spite of a 39 per cent cut in assistance from the United States.
The said investment will be made in the troubling power sector till 2022.
The CDWP technically cleared four major projects.