Islamabad: Federal Minister for Finance and Revenue Mr. Miftah Ismail presided over meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division- 28-05-2022.

Subsidy on 5 essential commodities to continue

By Staff Reporter

ISLAMABAD: A powerful cabinet committee Wednesday decided to continue a federal subsidy program on five essential commodities, announced by Prime Minister Shehbaz Sharif in the final weeks of the last fiscal and commonly known as the prime minister’s relief package.

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POWER WOES: Residents of Quetta’s Spinny Road are seeing protesting against load shedding in their area in this photo dated June 18, 2022, ONLINE PHOTO by Samiullah.

Monsoons, KANUPP-2 bring welcome respite in load shedding

By Staff Reporter

ISLAMABAD: As the Indus starts to swell with the onset of Monsoon rains, power generation capacity of the Tarbela hydroelectric plant is set to improve by 2,500 MW and 3,500 MW, allowing the authorities to cut back load shedding, Independent Pakistan can report.

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Anomalies: Petroleum Division engages SECP to vet Eni-PIOGCL deal

By Staff Reporter

ISLAMABAD: Petroleum Division has raised questions over Hub Power Holding Limited’s (HUBCO) undertaking about the transfer of entire share capital of Eni Pakistan Limited to Prime International Oil & Gas Company Limited (PIOGCL), while moving the corporate regulator to vet the case for clarity, it was learnt on Monday.

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