Cost overruns, project delays, waste of public money and missed benefits are a few outcomes of slow-moving activity.
ISLAMABAD: The electricity tariff for distribution companies of Wapda is likely to increase by Rs2.19 per unit...
Pakistan’s fiscal deficit in first eight months of this fiscal year amounted to Rs832 billion or 3.2pc of the GDP.
The PAC of the NA declined to condone hundreds of irregularities and ordered investigations to fix responsibility.
ISLAMABAD: The Public Accounts Committee of the National Assembly appeared on Wednesday rushing through the scrutiny...
Pakistan is likely to receive $1.5bn from WB,ADB as part of programme loans in growth,energy sector, an official said.
The bidding overseen by Minister for Water and Power Khawaja Mohammad Asif was organised by PPIB.
ISLAMABAD: The Public Accounts Committee (PAC) of the National Assembly wondered at a meeting on Monday why toll...
The power producers will also be able to produce as much electricity as they can and send it out through national grid.
Since June 2008, Pakistan’s debt and liabilities have risen much faster than total revenues and the growth rate of GDP.
ISLAMABAD: Once the backbone of the national freight and transport system, Pakistan Railways now finds itself fallen...
With the cut, the price of petrol has moved down from the existing Rs112.76 to Rs110.03 per litre.
The cabinet's ECC cleared an agreement between SSGCL,ETPL to set up a terminal for LNG imports for PM's formal approval.
Ogra recommended reduction of Rs2.72 per litre in prices of petroleum products owing to reduced international prices.
ISLAMABAD: The government revived on Wednesday six oil depots which had been closed six years ago as part of a...
Govt has fired PSO's board of directors for criticising inability of its management to acquire majority shares in PRL.
Govt has reduced ministries' development schemes so fiscal deficit may be contained within limits agreed to with IMF.
Govt included losses of electricity companies in consumer tariffs in new energy policy without addressing main causes.
ISLAMABAD: The government decided on Friday to auction next month six fresh cellular telecommunication licences, ...
This action is despite the fact that about 2,000MW capacity remained idle at power plants due to gas loadshedding.