02122016Fri
Last update: Fri, 12 Feb 2016 12am

Industries & Sectors

Pakistan - Industries & Sectors

Pakistan Railways to earn Rs12bn from freight trains ISLAMABAD: Pakistan Railways would generate more than Rs12 billion revenue through freight trains during the current financial year.The organization was hoping to cross the set revenue generation targets in freight sector this year, an official in the Ministry of Railways told APP."Fast Cargo" train would also run between Karachi to Rawalpindi to help generating more revenue, he added."Pakistan Railways had allocated around 85 to 90 locomotives for freight trains," the official added.He said that 55 locomotives were scheduled to arrive soon from United States and would be attached with freight trains.Pakistan Railways during the financial year 2013-14 loaded 76,307 wagons against loading of 46,617 wagons in the corresponding period of year 2012-13, thus 29,619 more wagons were loaded in the year 2013-14, he said.He said that the earning from freight loading during 2013-14, was Rs3.529 billion whereas during the corresponding period (2012-13) was Rs1.957 billion.The net increase in earning was ...

Pakistan - Industries & Sectors

LPG plant being set up in Naspha field: OGDCL ISLAMABAD: Oil and Gas Development Company is going to expand its Nashpa field by setting up a Liquified Petroleum Gas (LPG) plant to meet growing energy demand in the country, official sources in the company said."Under the expansion plan, the LPG project will be completed in two years and local manpower will be hired for the plant in Nashpa field, Karak district of Khyber Pakhtunkhwa," the sources told APP.The field is one of the places ...

Pakistan - Industries & Sectors

PIA strike enters 7th day; Negotiations on to end impasse ISLAMABAD: Another round of negotiations between representatives of PIA employees and the government will be held to end the strike continuing for last seven days, President PIA Air League Muhammad Usman Khan said Monday.Employees of Pakistan International Airlines (PIA) were staging a 'token protest' and "We will not let them halt the flight operations because we do not want to harm the state owned airlines," he said while talking to APP.The PIA employees kept the ...

Pakistan - Industries & Sectors

Mobile phone imports reach US $ 375.063 mln in six months ISLAMABAD: Mobile phone imports in Pakistan have reached US $ 375.063 million during first half (July-December) of current fiscal year, showing 7.9 percent increase as compared to same period of previous year.Total imports of mobile phone stood at US $ 347.564 million in same period last year.According to Pakistan Bureau of Statistics (PBS), overall telecom imports saw significant decline of 7.43 percent during July-December 2015-16 compared to the same period in last year and total ...

Pakistan - Industries & Sectors

Naltar hydropower project to be completed by July 2016 ISLAMABAD: Fourteen megawatt ongoing hydropower project at Naltar in Gilgit will be completed by July this year.Talking to Radio Pakistan, a spokesman of Water and Power Department said that a Chinese firm had initiated work on this project in 2013, which will be completed at cost of over Rs 3.8 billion.The project after completion will help end load shedding from Gilgit and adjacent areas, he added.Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Industries & Sectors

FESCO issues shutdown programme FAISALABAD: The Faisalabad Electric Supply Company (FESCO) has issued shutdown programme for Sunday due to necessary repair, maintenance and expansion of electricity lines.According to the program issued by the company, power supply from Meela feeder emanating from 66-KB Bhabra grid station will remain suspended from 9:30 am to 3:30 pm on Sunday (Jan 31).Copyright APP (Associated Press of Pakistan), 2016 ...

Pakistan - Industries & Sectors

PEMRA approves imposition of Rs one million fine on SAMAA TV ISLAMABAD: Pakistan Electronic Media Regularity Authority (PEMRA) Friday approved Rs one million fine on SAMAA TV "for airing a highly objectionable, indecent and vulgar text message during its crime re-enactment programme 'Wardat' in July last year."The text message was not only in violation of PEMRA Laws and the Code of Conduct implemented by the Supreme Court of Pakistan but was also against our socio-cultural and religious values, said a press release. "The objectionable text message ...