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PIA to sell unserviceable planes ISLAMABAD: Pakistan International Airlines (PIA) will sell its unserviceable planes including a Boeing-747, three Boeing-737 and three A-310 aircraft.According to PIA spokesman here, the national flag carrier had already tendered some of its old aircraft which had completed their operational flying life.He said that a tender notice announcing the disposal was released in national newspapers some time back, inviting vendors in trade.The vendors inspected the obsolete aircraft parked at Karachi Airport; followed by sealed bids submission.A number of vendors responded to the advertisement and were permitted to inspect the aircraft. He said the entire bidding process was done with complete transparency. All aircraft equipment including engines, instruments and seats etc. were removed from the aircraft by PIA before the inspection process. Even fuel and oil was also removed from these aircraft leaving only a minimal quantity to keep the mechanical parts lubricated.The PIA spokesman emphasized that none of the aircraft ...

NEPRA approves another 660 mw coal power generation plant ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) Thursday approved generation license for Engro Powergen Thar (Pvt) Limited (EPGTPL).The Power Project of EPGTPL of 2 x 330 MW will be the first part of the Energy Park which would have total generating capacity of approximately 3600 MW. EPGTPL has already applied for the acceptance of the Up-Front Tariff for Coal.The project is also included in the least cost expansion plan of NTDC which would be responsible ...
Practical steps being taken to generate electricity: Sher Ali LAHORE: Provincial Energy Minister Choudhry Sher Ali on Thursday said the government was working on all available as well as alternate resources to generate ample electricity which would help bridge the gap between demand and supply.Talking to APP, he said, the PML-N led government was committed to eliminate load shedding and had taken practical steps for this purpose. He said, sufficient availability of energy was need of the hour which would definitely help raise the ...
PR appoints three private members in Railway Board ISLAMABAD:The Ministry of Railways on Wednesday appointed three expert private members in Railway Board.The members appointed in Railway Board are Ashtar Ausaf Advocate Supreme Court, Dr Zahid Saleem Chief Executive Officer COMSATS and Muhammad Ashfaq Khattak, an official in the Ministry told APP.Copyright APP (Associated Press of Pakistan), 2015 ...
IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Wednesday issued a power suspension programme for various areas of its region due to annual transformer maintenance and routine development work.According to an IESCO spokesman, the power supply of the feeders / grid stations would remain suspended as under:On 19 February, 08:30am to 04:30pm From Khoi Ratta and Fateh Pur Grid Stations,On 19,21, and 23 February 10:00am to 04:00pm, From Bakramandi Grid Lalazar, Adyala, Gulshanabad, Shahpur, Shajeven, ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln