ISLAMABAD, Oct 14: Water and Power Minister Syed Naveed Qamar has said the government has formulated a new alternative energy policy to attract investors to the sector.
KHUSHHAL GARH: Prime Minister Syed Yusuf Raza Gilani Thursday said the government was undertaking long and short term measures to address its energy needs and has permitted the provinces to build their own power houses to meet the energy shortfall.
ISLAMABAD: The government has conceded playing a key role in prolonging economic recession in the country by repeatedly cutting down the Public Sector Development Programme (PSDP), resulting in energy and water shortages and unemployment in the country.
To partially overcome some of the lasting and negative impacts of national recession, the government is now considering privatising some of the major projects through outright sale or through Public-Private-Partnership (PPP) mode on Built to Operate and Own (BOO) basis.
Karachi: Green energy is pricier in Pakistan than it is in other countries and the components required for it are being imported.
LAHORE: The World Bank will provide about $850 million for the Tarbela 4th Extension Project, which is expected to be completed in four years and generate 1,410MW additional electricity.
KARACHI: Tharparkar`s underground coal gasification project is facing delays and the deadline for completion of the project may further be extended as pledged funds have not yet been received from the provincial and federal governments.
The Sindh government is yet to release Rs200 million while the centre is to transfer Rs5 billion for purchasing power engines and other equipment.
Sources said that President Asif Ali Zardari has taken notice of delay in the release of funds and would review the project`s progress shortly.
AS a result of the construction of a dam at Diamer Bhasha on the Karakoram Highway, a 160km-long lake will form on the Indus river, upstrea
ISLAMABAD, Oct 12: The federal cabinet again approved on Wednesday a formula to resolve the energy crisis that has failed earlier two weekly days off, business closure at sunset and staggering of industrial holidays to overcome increasing electricity shortfall during peak hours.