News

In a significant milestone for the National Transmission and Despatch Company (NTDC), the Motorway M-2 crossing work near Sheikhupura Interchange has been successfully completed. This work, located between the 36th and 37th km, is part of the construction of a new 220kV Transmission Line originating from the 500kV Grid Station Lahore North. The NTDC worked […]

After a hiatus of two and a half years, work on the Afghanistan portion of the Central Asia-South Asia Electricity Transmission and Trade Project (CASA-1000) is poised to restart. The project had been put on hold in August 2021 due to the political turmoil in Afghanistan following the Taliban’s return to power. CASA-1000 is a

In a recent notification, SNGPL has announced the resumption of regasified liquefied natural gas (RLNG) based gas connections in privately developed housing schemes. The policy includes the provision of RLNG connections in housing societies where the network has been laid on RLNG basis after recovering 100% of the cost from the developer. This policy will

The Capital Development Authority (CDA) in Islamabad is taking steps to enhance biodiversity and green cover in Margalla Hills by initiating a project worth over Rs2 billion. The project aims to plant 10 million trees in the national park. The CDA has prepared a PC-1 for the project, titled ‘Enhancing Biodiversity and Green Cover in

China has approved the rollover of a $2 billion loan to Pakistan, confirmed by caretaker finance minister Shamshad Akhtar on Thursday. The loan, which was initially due in March, has now been extended for one year. Beijing communicated this decision to Islamabad, according to sources. Pakistan’s economy, facing financial challenges, recently obtained a $3 billion

Chief Minister Maryam Nawaz visited Rawalpindi to review the progress of two key projects aimed at improving the city’s infrastructure and addressing water shortage. Her visit focused on the Daducha Dam and the Rawalpindi Ring Road. Located 25km from Rawalpindi, the Daducha Dam is under construction and is currently 40% complete financially and 12% complete

The Federal Government Employees Housing Authority (FGEHA) conducted an anti-encroachment operation in Sector G-12’s Green Belt and Mauve Area, as well as in G-15/3 in Islamabad. Collaborating with the Deputy Commissioner, Encroachment Wing, Islamabad Police, and ICT Administration, the operation aimed to address unauthorized constructions and encroachments in the targeted areas. During the operation, illegal

The Capital Development Authority (CDA) in Islamabad has announced plans to develop a new housing scheme called ‘Kurri Enclave Housing Scheme’. The scheme will cover an area of 10,000 kanals in Kurri village. The CDA will partner with a private firm, either a leading real estate developer or a consortium of firms, to develop the

The World Bank and Pakistan have made changes to the timeframe and Disbursement Linked Indicators (DLI) under a $400 million loan known as Pakistan Raises Revenue (PRR). This includes increasing the tax-to-GDP ratio from 8.5% to 8.8% and implementing digital data sharing with all provinces. As part of the loan agreement, the Federal Board of

Over the past 20 months, Pakistani businessmen and wealthy individuals have been heavily investing in Dubai’s real estate and setting up export-import trading houses there, according to industry sources. This trend is not surprising, as many Pakistanis have been investing in Dubai’s real estate for some time. However, what is noteworthy is the establishment of