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August 2, 2024

News Desk

Prime Minister Shehbaz promises the nation to reduce electricity prices in Pakistan

Listen to the article Prime Minister Shehbaz Sharif announced on Friday that reducing electricity prices was a top priority for the PML-N government and its allies. He emphasized that providing relief to electricity consumers was a key agenda for PML-N Chairman Muhammad Nawaz Sharif and his administration. Addressing a cabinet meeting, the Prime Minister emphasized the need to reduce electricity prices to boost Pakistan’s exports. He noted that both the agricultural and industrial sectors will find it difficult to expand without a reduction in electricity costs, stressing that competitiveness in industry is closely linked to lower energy prices. Sharif criticized

February 4, 2024

News Desk

The government will review the privatization of LNG plants

Islamabad: The Ministerial Group has warned against the privatization of two LNG power stations, citing concerns about the current investment climate. The government’s intention to privatize these plants, established during the tenure of Pakistan Muslim League-Nawaz under an LNG contract signed with the government of Qatar, is under scrutiny. Sources reveal that the apex committee of the Special Investment Facilitation Council (SIFC) has directed the possibility of privatization of two Re-Gasified Liquefied Natural Gas (RLNG) power plants. The committee constituted a ministerial team following the directives of the apex committee to assess the possibility of privatization of Haveli Bahadur Shah

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