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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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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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Pakistan committed to work closely with KSA: Deputy PM

Deputy Prime Minister Ishaq Dar has expressed Pakistan’s firm commitment to working closely with Saudi Arabia to explore the potential for cooperation in various fields between the two countries. Addressing Pak-Saudi Business Forum in Islamabad today, he said Pakistan offers a wide range of investment opportunities especially in the areas

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SCO meeting to strengthen regional cooperation: Attaullah

Minister for Information and Broadcasting Attaullah Tarar says holding the SCO Council of Heads of Government meeting in Islamabad will pave way for strengthening regional cooperation and resolving common issues. Addressing a media workshop organized by China Media Group in Islamabad today, he said it is great honour for Pakistan

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