News Updates

Day: October 10, 2024

Efforts underway to improve power companies: Leghari

Minister for Power Sardar Awais Ahmad Khan Leghari says concerted efforts are being made to achieve the target of eight to ten rupees per unit reduction in the electricity tariff in the next few months. Addressing a news conference in Islamabad, he highlighted efforts to reduce the cost of electricity

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PM announces termination of contracts with five IPPs

Prime Minister Shehbaz Sharif has announced the termination of contracts with five Independent Power Producers (IPPs) saying this will lead to reduction in the prices of electricity. Chairing the federal cabinet meeting in Islamabad today, he said this has been done after the mutual consent of the owners of the

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President to represent Pakistan at Int’l Forum in Ashgabat today

President Asif Ali Zardari arrived in Turkmenistan today to attend two day International Forum on ‘Interrelation of Times and Civilizations-Basis of Peace and Development’ commencing in Ashgabat. International Forum is being held to mark 300th birth anniversary of Magtymguly Faragi, a great Turkmen thinker, poet and philosopher. At the Forum,

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PM invites KSA to invest in Pakistan’s aviation sector

Prime Minister Shehbaz Sharif has termed visit of Saudi investors to Pakistan as an important milestone in strengthening bilateral investment ties, which will set stage for greater bilateral collaboration. He was talking to Minister for Investment of Saudi Arabia Khalid bin Abdul Aziz al Falih, who called on him in

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Pakistan, KSA ink 27 MoUs for cooperation in diverse fields

Pakistan and Saudi Arabia have signed twenty-seven Memoranda of Understanding (MoUs) for cooperation in diverse fields, particularly in energy, agriculture, mining, human resources, and cyber security. The MoUs were exchanged at a ceremony held in Islamabad on Thursday. Prime Minister Shehbaz Sharif was also present on the occasion. The agreements

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