20pc raise in power tariff
Thursday, July 16, 2009
The News International, Pakistan, Thursday, July 16, 2009
ISLAMABAD: Pakistan, the World Bank and the Asian Development Bank have agreed to increase power tariff by 17.5 to 20 per cent in phases. However, the tariff in real terms will go up to 24-25 per cent with compound effect, a senior official told The News.
“President Asif Zardari allowed the government to recover Rs55 billion through increase in power tariff in phases. And we have intimated the IMF and the World Bank about the decision of the president of Pakistan,” Asif Bajwa, spokesman and Additional Secretary of the Ministry of Finance told The News.
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ISLAMABAD: Pakistan, the World Bank and the Asian Development Bank have agreed to increase power tariff by 17.5 to 20 per cent in phases. However, the tariff in real terms will go up to 24-25 per cent with compound effect, a senior official told The News.
“President Asif Zardari allowed the government to recover Rs55 billion through increase in power tariff in phases. And we have intimated the IMF and the World Bank about the decision of the president of Pakistan,” Asif Bajwa, spokesman and Additional Secretary of the Ministry of Finance told The News.
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Labels: Eergy, Power Tarrifs, Zardari
posted @ 7:52 AM,
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Parliament to decide Pak-Iran gas project
Sunday, July 5, 2009
The News International, Pakistan, Sunday, July 05, 2009
ISLAMABAD: Prime Minister Yousuf Raza Gilani has decided to seek parliament’s approval for the multi-billion dollar Iran-Pakistan gas pipeline project. He has asked the Ministry of Petroleum and Natural Resources to prepare a feasibility report within two weeks on the viability of bringing the gas pipeline through an underwater sea route.
The decisions were taken during a presentation on energy securitisation by developing and exploiting hydro carbon resources here on Saturday. Adviser on Petroleum Dr Asim Hussain briefed the PM on the status of the IPI project.
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ISLAMABAD: Prime Minister Yousuf Raza Gilani has decided to seek parliament’s approval for the multi-billion dollar Iran-Pakistan gas pipeline project. He has asked the Ministry of Petroleum and Natural Resources to prepare a feasibility report within two weeks on the viability of bringing the gas pipeline through an underwater sea route.
The decisions were taken during a presentation on energy securitisation by developing and exploiting hydro carbon resources here on Saturday. Adviser on Petroleum Dr Asim Hussain briefed the PM on the status of the IPI project.
More
Labels: Devolution of Power, Eergy, Iran, Iran Pakistan Gas Pipeline
posted @ 9:28 AM,
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