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FESCO officers directed to achieve recovery targets SARGODHA: FESCO Chief Executive Officer Rasheed Ahmed Aslam has directed the officers to achieve the targets of recovery and line losses.Addressing a review meeting of Sargodha circle on Friday, he said that action would be taken against SDOs and executive officers concerned if they fail in achieving the recovery and line losses targets.He said that commendatory awards would be given to the officials including superintending engineers, executive officers, SDOs and others on performance base.Briefing the meeting, superintending engineer Amil Hussain Siddique said that Sargodha circle has achieved 98.97 percent recovery target and line losses, adding that 23,000 meter readers of the circle have also been transferred.Copyright APP (Associated Press of Pakistan), 2014 ...

K-Electric and Engro to Boost Power Generation through LNG KARACHI: K-Electric Limited announces the signing of two separate MoUs with Engro, with the objective of increasing power supply to the city and it's adjoining areas using LNG as fuel for the new generation.Introduction of LNG in the fuel mix is part of KE’s strategy to achieve fuel diversity and enhance power availability in its franchise area within the shortest possible time.According to details, K-Electric signed the first MoU with Elengy Terminal Pakistan Limited (ETPL), ...
FIA detects Rs5mn gas, oil, electricity theft ISLAMABAD: The Federal Investigation Agency (FIA) has accelerated the efforts to control the theft of gas, petrol and electricity and burglary of Rs.5 million.Talking to APP on Thursday an official of FIA said field teams have traced the theft of gas and electricity and registered 732 theft cases.He said 732 people were arrested for the theft of gas and electricity and action was taken under the law of land.To a question, he said all the ...
Shipping activity at Port Qasim KARACHI: Four ships C.V Maersk Kingston, C.V Hanjin Sandiego, M.T Jipro Neftts and M.T Lahore carrying containers, palm oil and furnace oil were allotted berths at Qasim International Container Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal respectively at Port Qasim on Tuesday.Meanwhile another ship carrying containers also arrived at outer anchorage of Port Qasim during last 24 hours.Berth occupancy was observed at the port at 36% on Tuesday, where five ships namely ships C.V ...
Commuters demand cut in fares in accordance with decrease in fuel prices ISLAMABAD: The commuters in twin cities of Islamabad and Rawalpindi have demanded adjustment of transport fares in accordance with reduction in fuel prices.The commuters said that the government twice announced cut in petroleum products but the transporters have not decreased even Rs.2 per stop.They are still charging Rs.15 per stop while it was reduced to Rs.13 by the Regional Transport Authority.Muhammad Fahim, a commuter said that the government has reduced the POL prices but the ...


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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 $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln