sector

Finance Ministry highlights management problems in oil and gas sector Blogging Sole

by
Finance Ministry highlights management problems in oil and gas sector Blogging Sole

An undated image of a MOL Pakistan exploration site. — MOL Pakistan website/file Circular debt creates cash flow constraints, according to the ministry report. This highlights ineffective financial management in PSO, PPL, etc. Deplores obsolete and inefficient infrastructure, operational problems. ISLAMABAD: The Ministry of Finance, in its report, has raised serious questions over financial mismanagement … Read more

Telecom sector sees 20% drop in FDI in 2023-24: PTA Blogging Sole

by
Telecom sector sees 20% drop in FDI in 2023-24: PTA Blogging Sole

A woman holds U.S. dollar bills in this illustration taken May 30, 2022. — Reuters The PTA report reveals that there are 196 million telecommunications subscribers. CMOs see maximum investment of $431 million in 2023-24: report. Report shows 5G deployment requires substantial investment. ISLAMABAD: Pakistan’s telecom sector witnessed an over 20 per cent drop in … Read more

AfDB approves $200 million loan for power distribution sector modernization Blogging Sole

by
AfDB approves 0 million loan for power distribution sector modernization Blogging Sole

Electricity transmission towers are pictured in Karachi on July 26, 2022. — Reuters The project will include the installation of advanced metering infrastructure. At least 25 network stations are to be built and upgraded in Lesco. The voltage of four stations on the Sepco network will be increased to 132 kV. ISLAMABAD: The Asian Development … Read more

A look at the crucial role of regulators in the electricity sector Blogging Sole

by
A look at the crucial role of regulators in the electricity sector Blogging Sole

A representative image of transmission lines. — AFP/File ISLAMABAD: As Pakistan’s economy shows promising signs of recovery, the power sector plays a pivotal role in sustainable growth. THE Economic update And Outlook for November 2024 highlights a significant increase in foreign direct investment (FDI) in the sector, with $414 million invested in the first four … Read more