Two days before the end of its five-year tenure, the government is likely to sign a $500 million commercial loan agreement with a foreign bank to finance the $2.8 billion Neelum-Jhelum Hydropower Project of 969MW capacity.
According to an official, the agreement is being finalised at about eight per cent interest that works out to about 15 per cent afte..... Read more
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has decided not to close CNG stations on the occasion of Eid-ul-Fitr in the country.
According to reports, official said that decision has been made to facilitate the people to reach their homes to celebrate the Eid with their families. (PPI)
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Private Power and Infrastructure Board (PPIB) on Thursday allowed to process 1,161 MW hydel projects through public private partnership, giving hydel power a priority to meet growing energy demands of the country.
First meeting of the Board of PPIB held after receiving statutory status through an Act of the Parliament held here under chair Federal Ministe..... Read more