The power supply to all three districts of Makran, including Gwadar, Turbat and Panjgur, was restored on Sunday after 24 hours of blackout. The power breakdown plunged the entire division into complete darkness after power supply from Iran via two 132kV transmission lines was suspended. Pakistan imports electricity from Iran under long-term contracts to meet electricity demand in the coastal
More than 50 countries have reached out to the White House to begin trade talks, a top economic adviser to US President Donald Trump said on Sunday as US officials sought to defend sweeping new tariffs that have unleashed global turmoil. During an interview on ABC News’ ‘This Week,’ US National Economic Council Director Kevin Hassett denied that the tariffs were part of a strategy by Trump to c
The Pakistan Petroleum Limited (PPL) is set to initiate the process to contain and extinguish a mysterious huge fire that erupted last month during drilling for a borehole in Korangi Creek near an oil refinery after a report of the chemical analysis of groundwater and soil samples shows the presence of gases like benzene and toluene and minerals like iron and magnesium in much higher concentration
Amid recent tariff reduction moves by the government, the National Electric Power Regulatory Authority (Nepra) has expressed concern over more than Rs1.5 per unit extra burden on electricity consumers due to poor operations of just a couple of generation and transmission projects in the first eight months (July to February) of the current fiscal year. In a special note to the government, Nepra’
Bulls dominated the trading floor at the Pakistan Stock Exchange (PSX) as shares reached an all-time high of 118,000 points following the prime minister’s announcement of a “major” power relief package to reduce the burden on citizens. The benchmark KSE-100 index climbed 1,131.37 points, or 0.96 per cent, to reach 118,938.11 from the last close of 117,806.74 points. The development came shor