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Power demand-supply gap widens to 8,500MW  RECORDER REPORT LAHORE: The power demand-supply gap widened on Sunday to 8,500 megawatt as power generation at hydel, thermal and IPP units dropped to the lowest level in June. Scheduled and unscheduled power outages were witnessed, lasting up to 18 hours in majority of urban areas, especially in Punjab, and 20 hours in most rural areas. Fierce protests were witnessed in most cities and towns across the country, especially Punjab. People complained that the power supply was not enoguh to even recharge their power back-up units. Spokesperson for the National Transmission and Dispatch Company Ltd Col (retd) Rana Sajjad Ahmad Khan told this correspondent that the gap between power generation and demand widened to 7,333MW on Sunday as the position of fuel oil stocks in all plants became critical. According to sources, the shortfall has surged to as much as 8,500MW. The NTDC spokesperson said several power generation units had closed down because of the ...

Textile sector deeply worried over shortage of gas supply  RECORDER REPORT LAHORE: Worries of textile industry are on the rise with every passing day, as all its efforts to get rid of energy crisis are proving futile amidst unfavourable political situation of the country. It may be noted that the government has recently withdrawn facility of exemption from load shedding to textile industry on independent and grouped feeders. The SNGPL is though supplying five days a week gas supply to textile units but fears are high ...
Balochistan transporters welcome decrease in petroleum prices QUETTA: Transporters bodies of Balochistan have welcomed the government's move to reduce the prices of petroleum products and said it would give impetus to economic activities in the country. All Balochistan Bus Federation president Haji Juma Badeni talking to APP on Saturday described reduction in the petroleum prices, a great relief to the people on the part of the government and said it would help check upward spiraling trend in the prices of essential commodities in ...
Shipping activity at Port Qasim  KARACHI: Three ships arrived at Port Qasim on Friday, one ships carrying container at Internationa container terminal, palm oil at LCT, Chemical at EVTL. Berth occupancy was maintained at 50 percent at the Port on Friday where a total of seven ships namely M.T Harsanadi, M T Chem Hyandra, M.V Leopard-B, M.V Safmarine, NGA M.T PIONEER, M.V POA Vosa Wisdom, M T Sun Rise Wisteria are currently occupying berths to load/offload palm oil, cement paraxylene, MEG ...
Power deficit reaches 7,000MW mark  RECORDER REPORT LAHORE: Power shortfall has reached to 7000MW due to short supply of fuel to power plants. According to NTDC sources, KAPCO, Orient, HUBCO and Halmore are facing shortfall of 876MW, 213MW, 300MW and 207MW due to fuel shortage. Meanwhile, oil stock position at all RFO plants is critically low. The sources said demand for power has reached to 17896MW against generation of 10421MW. Meanwhile, power generation through hydra, thermal and IPPs remained 4206MW, 1330MW and 4885MW ...


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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