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Tag Archives: Punjab

500Kv, 220Kv lines tripped: NTDC held responsible for power breakdown

ISLAMABAD: The National Transmission & Despatch Company (NTDC) Limited was behind the third massive power breakdown in one month, alleged the sources in Ministry of Water and Power. The power supply for Punjab, Khyber Pakhtunkhwa and Northern Areas was suspended for 6 hours on Thursday. According to NTDC, 500 and 220 KV lines tripped resulting in collapse of north zone. Last ... Read More »

500Kv Guddu-Dadu transmission line tripped: Punjab, KP face power breakdown again

LAHORE: Punjab and Khyber Pakhtunkhwa have to face third power breakdown in a month as Sindh and Balochistan have also partially been affected. Sources said that 500Kv Guddu-Dadu transmission line tripped due to thick fog and extreme weather conditions at around 5:15am. An National Transmission and Dispatch Company (NTDC) official said that the Hubco, Jamshoro and Uch power stations continued ... Read More »

Cut in sugarcane price from Rs182/maund to Rs155: Growers urge SC to take suo moto notice

KARACHI: Sugarcane growers of Sindh have demanded the Supreme Court of Pakistan to take suo motu notice against the provincial government for unilaterally lowering cane prices. The Sindh government on Dec 4 cut cane support price to Rs155 per maund from Rs182 fixed about two months ago. Growers say this is causing them a loss of Rs27 per maund. The ... Read More »

Pakistan Kissan Ittehad all set to hold protest

MULTAN: The Pakistan Kissan Ittehad (PKI) will hold a protest demonstration in Lahore to press the government to resolve their issues. Protesters from different cities of southern Punjab, including Multan, Lodhran, Kabirwala and Jahanian will join the sit-in. President Khalid Khokhar along with other party representatives will lead the demonstration. The Pakistan Kissan Ittehad has demanded that the government provide ... Read More »

Finance Ministry ‘wants’ provinces to spend resources on basic amenities

International comparison shows spending on education and health is lower in Pakistan as compared to regional countries   ISLAMABAD: The Finance Ministry feels an urgent need to enhance financial capacity of the provinces to ensure their significant contribution to national economic growth by channeling fiscal resources to priority areas. “An international comparison suggests that the spending on education and health ... Read More »

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 Trans Tech Pakistan. Private Power and Infrastructure Board (PPIB) issued the LoI in ceremony under the supervision of Federal Minister for Water and Power Khawaja Asif. PPIB Managing ... Read More »

No gas for Punjab CNG stations, industries from Nov 15 to March 15

ISLAMABAD: Punjab motorists and industrialists have to face problems as there will be no gas for CNG and industrial sectors from November 15 to March 15 in the province and the federal capital as well. However, gas supply will continue in Sindh and Khyber Pakhtunkhwa as usual. This decision was taken during a meeting held under the chair of Minister for ... Read More »

Four-month gas suspension for Punjab CNG stations, industries

ISLAMABAD: Punjab motorists and industrialists have to face problems as there will be no gas for CNG and industrial sectors from November 15 to March 15 in the province and the federal capital as well. However, gas supply will continue in Sindh and Khyber Pakhtunkhwa as usual. This decision was taken during a meeting held under the chair of Minister ... Read More »

FBR to settle down low growth in provincial tax revenues

ISLAMABAD: The Federal Board of Revenue (FBR) has expectations that low growth in provincial tax revenues will settle down after witnessing an initial spurt following the devolution of sales tax collection. “The FBR was concerned over the low growth in provincial tax collection after rising substantially in the previous year, the pace of tax collection weakened in third quarter of ... Read More »

Govt introduces welfare projects thru commercial use of Railways land

LAHORE: A senior official of Punjab government has said that the provincial government has decided in principle to get opportunities for commercial utilization of railway lands, specially those near railway stations. The government, the official said, had constituted a committee headed by the Chief Secretary for preparing recommendations on practical possibilities to promote commercial and business activities at Railway land. A ... Read More »

APCNGA flays SNGPL for closing CNG stations in Punjab

LAHORE: All Pakistan CNG Association (APCNGA) Chairman Pervaiz Khan Khattak has flayed the decision of Sui Northern Gas Pipelines Limited (SNGPL) for closing CNG stations across the Punjab on the pretext of excessive load on the system. In a statement issued here on Monday, Khattak said that the unilateral decision would hurt the interests of millions of masses and thousands ... Read More »

ANF seizes 53kg heroin, 5kg opium worth Rs362.5m

ISLAMABAD: Anti-Narcotics Force (ANF), during its anti-smuggling drive in Peshawar, has seized 53kg heroin, 5kg opium worth Rs362.5 million during and arrested one drug trafficker and confiscated a vehicle as well. The ANF Peshawar, on a tipoff that drugs are being smuggled from Khyber Agency to Peshawar and later on to Punjab, established a picket on Bara Road and stopped ... Read More »

Railways revenue target hiked from Rs28 billion to Rs31 billion: Saad

LAHORE: Railways Minister Khawaja Saad Rafique has revealed that 70 locomotives would be dedicated for freight sector of Pakistan Railways before the end of fiscal year 2014-15. He also said that the PR revenue target had been increased from Rs28 billion to Rs31 billion while the expenditures decreased from Rs65 billion to Rs62.5 billion. Railways minister Khawaja Saad Rafique made ... Read More »

Spot rate of cotton cut by Rs50 to reach Rs5,050

KARACHI: The spot rate of cotton has further decreased by Rs50 to Rs5,050 as in the current session, around 22,000 cotton bales were sold at Rs4,900 to Rs5,250. Experts say that even Trading Corporation of Pakistan (TCP) cannot bring down the rates due to strong supply of cotton seed as cotton seed rates in Sindh are firm at Rs2,000 to ... Read More »

Gas crisis to continue in winter as no LNG deal yet: Abbasi

ISLAMABAD: The federal government has not yet finalise the LNG (Liquefied Natural Gas) deal with any country. Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said this while talking to media at Parliament House. He said that the country would not be able to purchase LNG in less than $14 per mmbtu owing to current market situation. However, he ... Read More »

Farmers reject govt raise of wheat support price at Rs1,300

ISLAMABAD: Farmers rejected wheat support at Rs1300 per 40kg for the 2014-15 crop by the government. Finance Minister Senator Mohammad Ishaq Dar increased support price of wheat at Rs1300 per 40kg for the 2014-15 crop by the government. The decision has been taken to facilitate the farmers’ community in the country, said a brief statement issued by the Finance Ministry ... Read More »

FBR refuses to provide sales, income tax refunds’ record to FIA

ISLAMABAD: The Federal Board of Revenue (FBR) has refused to provide general record of sales tax and income tax refunds paid of taxpayers to Federal Investigation Agency (FIA). The FIA has asked FBR for provision of entire record of sales tax and income tax refunds paid in Karachi and Quetta, especially in which heavy amounts are involved. A well-placed source ... Read More »

SNGPL issues schedule as no gas supply to industries for 3 months

ISLAMABAD: The federal government has decided to suspend gas supply to industries including compressed natural gas (CNG) stations and fertilizer sector from November 2014 to January 2015 to ensure continuous supply to domestic consumers in winter. However, sources in Ministry of Petroleum and Natural Resources have said that the government would supply some gas to industries, if under-construction liquefied natural ... Read More »

APTMA urges PM to take notice of suspended gas supply

LAHORE: The industrialists have urged Prime Minister Nawaz Sharif to take notice of delay in gas supply to industry in Punjab, which was remained suspended during Eid holidays. All Pakistan Textile Mills Association (APTMA) Chairman S M Tanveer criticised the SNGPL management for suspending the gas supply to the textile mills, resulting into close of business and monetary loss to workers ... Read More »

Govts spend Rs14.3b less to tackle natural catastrophes

ISLAMABAD: Despite increasing natural calamities in Pakistan, the federal and provincial governments have reduced spending money to tackle these catastrophes by Rs14.3 billion or 43pc during the current fiscal year as compare to the last year. According to a summary of the Poverty Reduction Strategy Paper (PRSP), both the federal and provincial governments have spent Rs18.4 billion to deal with ... Read More »