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1,050MW power to be added to national grid in three months: official  RECORDER REPORT ISLAMABAD: Iran will complete the repair work of power production units within three months which will add 1,050 megawatt to the national grid, the National Assembly’s standing committee on water and power was informed on Friday. Federal Secretary for Water and Power Zafar Mehmood stated this during a meeting of the committee that was held with  Ghulam Mustafa Shah in the chair. He said that there was a persistent huge gap between demand and supply of electricity and the ministry was utilising all available resources to bridge the gap. He said that Iranian and Chinese companies were assisting Pakistan enhance the performance of domestic power plants, adding that after overhauling, an additional power generation capacity between 800 to 1,200 megawatts would be available. He informed the committee members that gas supply to power plants had been increased to 120mmcfd, improving the situation. There would be a three-hour relaxation in load-shedding during Iftar ...

WAPDA to complete 381MW hydel projects by year end  ISLAMABAD: The government is set to complete around half dozen hydel power projects of 381 MW accumulative capacity by the end of this year. Official sources in WAPDA told APP here Friday that Jinnah (96 MW), Allai Khwar (121 MW), Duber Khwar (130 MW) hydropower projects, Satpara (17 MW) and Gomal Zam dams (17 MW) would be completed by December. They said that Allai Khwar was located on Allai Khwar River, near Besham District Battagram while Duber ...
Shipping activity at Port Qasim  KARACHI: Three ships carrying containers were allotted berths at Qasim International Containers Terminal on Thursday. Meanwhile one more ship scheduled to offload diesel oil also arrived at outer anchorage of Port Qasim during last 24 hours, said a PQA press release. Berth occupancy was 45% at the Port on Friday where total number of five ships namely MV. Hansa Liberty, Saigon Express, CGM Strauss, MV. Aeolos and AL Khalidia are currently occupying berths to load/offload containers, ...
Govt urged to expedite work on IP gas pipeline  RECORDER REPORT LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has urged the government to expedite work on Pak-Iran gas pipeline to save the industry from a total closure and for revival of economic activities in the country. The PIAF Chairman Sohail Lashari in a statement on Wednesday said that repeated warnings of the Sui Northern Gas Pipeline Company Limited (SNGPL) Managing Director about an acute shortage of gas in future is enough to make the point ...
Shipping activity at Port Qasim KARACHI: Shipping activity remained active at the Port during last 24 hours, where two ships carrying cement and furnace oil were allotted berths at Multi Purpose Terminal and FOTCO Terminal on Wednesday. Meanwhile three more ship scheduled to load/offload containers also arrived at outer anchorage of Port Qasim during last 24 hours. Berth occupancy was 30% at the Port on Thursday where total number of three ships namely MV. Aeola, MSC Jade and AL Khalidia are currently ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln