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PR to procure locomotives of 4000 plus horse power ISLAMABAD: Pakistan Railways will procure locomotives of 4000 plus horse power after a thorough evaluation of the technology and manufacturers.These locomotives will play a vital role in strengthening the freight operation, said a PR official while talking to APP.The procurement of Hopper Trucks had also been started, he added. The official said manual signalling system of Lodhara to Kotri Section was being switched over to auto signalling system.He said the IT Department was being revamped and soon a smart IT system would start working. Contract for installation of E-ticketing system has been awarded which will be completed in ten months, he said.He said that an insurance policy agreement of train staff and passengers would also be signed in the near future.To a question he said the financial position of Pakistan Railways had improved after passenger and freight sectors attracted commuters and traders respectively after several measures taken by the administration.To ...

75 KV hydro power station inaugurated CHITRAL: The Sarhad Rural Support Programme (SRSP) Chief Executive, Shahzada Masoodul Mulk has inaugurated a 75 KV micro power station at Shaikhkanda in Kalash valley.Speaking on the occasion, he said the hydro power station was constructed with the financial assistance of the European Union and completed at an estimated cost of Rs 15 million. It would benefit around 260 families.He said a number of projects were launched by his organization in Chitral, which after completion ...
2.5mn subscribers using 3G services ISLAMABAD: Around 2.5 million subscribers has opted for 3G services being provided by mobile phone operators after its launch in April this year while this number is expected to rise further in due course.This number is grossly close to 3.34 million broadband users that were available in Pakistan before 3G services.Not to mention, it took Internet Service Providers (ISPs) around eight years to take current broadband subscription to 3.37 million mark.Mobile companies figures on Friday ...
1st unit of 969 MW Neelum Jhelum project to complete by Dec 2015 ISLAMABAD: The first unit of 969 MW Neelum Jhelum is expected to complete by December 2015 as around 65-70 per cent work on this important project has been completed so far.According to official sources, the project would formally be commissioned in 2016 and would add 969 MW cheap hydel electricity to the national grid system.The Neelum-Jhelum Hydroelectric Project is being constructed over Neelum river. Once completed, the project would contribute about 5.15 billion units of ...
CNG stations to remain open during Eid holidays: APCNGA ISLAMABAD: The All Pakistan CNG Association (APCNGA) on Wednesday said Compressed Natural Gas (CNG) would be available across the country for twenty-four hours during Eid ul Azha holidays.The All Pakistan CNG Association (APCNGA) Chairman Gayyas Paracha told APP that the detailed schedule would be annouced on Friday.Oil and Gas Regulatory Authority official Muhammad Afzal said that official notification was not issued yet. He said, however notification and detailed schedule was likely in one or two ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln