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Posts tagged ‘Finance Ministry’

Power generation: Ministry seeks Rs 15 billion against Tariff Differential Subsidy TDS

Water and Power Ministry has reportedly sought Rs 15 billion from Finance Ministry against Tariff Differential Subsidy (TDS) to maintain power generation between 12000 MW-13000 MW in June 2013,
The fresh demand for funds has been calculated after a meeting between former minister for Water and…http://alternativeenergy.com.pk/national-news/power-generation-ministry-seeks-rs-15-billion-against-tariff-differential-subsidy-tds/ (TDS), Finance Ministry, Generation Companies (Gencos), independent power producers, IPPs, Muslim Commercial Bank (MCB), power generation, public sector power, Tariff Differential Subsidy, Water and Power Ministry

Power ministry seeks Rs 45 billion for optimum power output to maintain power generation at an optimum level in June,

The Ministry of Water and Power is reported to have sought Rs 45 billion from the Finance Ministry to maintain power generation at an optimum level in June,   ”We have submitted our plan to the Finance Ministry which includes estimated recovery in June, generation plan and fund…http://alternativeenergy.com.pk/pakistan-news/power-ministry-seeks-rs-45-billion-for-optimum-power-output-to-maintain-power-generation-at-an-optimum-level-in-june/ (NPCC), All Pakistan Textile Manufacturers Association, APTMA, Discos, Distribution Companies, Finance Ministry, maintain power generation, Ministry of Water and Power, National Power Control Centre

Federal budget 2013-14: federal government employees may expect 10% salary increase

ISLAMABAD: 
Despite being in a tight fiscal position, authorities are considering increasing the salaries of federal government employees from between 7.5 to 10%. They are also planning to give significant relief to 1.8 million pensioners from July.
According to sources, the finance ministry…http://alternativeenergy.com.pk/national-news/federal-budget-2013-14-federal-government-employees-may-expect-10-salary-increase/ Federal budget 2013-14, federal government employees, Finance Ministry, pakistan Federal budget 2013-2014, salary increase

Countrywide loadshedding: Pakistan Economy Watch (PEW) blames differences among caretaker ministers

The Pakistan Economy Watch (PEW) on Monday attributed worst loadshedding across the country to the differences among caretaker federal ministers. The ministry of water and power wants Rs 22 billion to reduce crisis while the finance ministry, despite directives of the PM, is not ready to pay the…http://alternativeenergy.com.pk/national-news/countrywide-loadshedding-pakistan-economy-watch-pew-blames-differences-among-caretaker-ministers/ blames differences, caretaker federal ministers, caretaker ministers, Countrywide loadshedding, Finance Ministry, Pakistan Economy Watch PEW

Ministry of Finance MoF releases Rs 10 billion to power sector generation in order to reduce the prolonged loadshedding

Ministry of Finance (MoF) on Monday released Rs 10 billion to the power sector to increase power generation in order to reduce the prolonged loadshedding in the country that is causing mass outrage and protests. Finance Ministry was directed by Caretaker Prime Minister Mir Hazar Khan Khoso last…http://alternativeenergy.com.pk/national-news/ministry-of-finance-mof-releases-rs-10-billion-to-power-sector-generation-in-order-to-reduce-the-prolonged-loadshedding/ Caretaker Prime Minister, Finance Ministry, loadshedding, Ministry of Finance, MoF releases, power sector generation

Release of funds to power sector: interim Prime Minister’s orders ignored Caretaker Prime Minister

Caretaker Prime Minister Mir Hazar Khan Khoso’s directives on the release of funds to the power sector are not being implemented while his administrative directives relating to transfers and postings are being implemented without delay,
The Finance Ministry is yet to implement the Prime…http://alternativeenergy.com.pk/national-news/release-of-funds-to-power-sector-interim-prime-ministers-orders-ignored-caretaker-prime-minister/ Caretaker Prime Minister, Federal Secretary, Finance Ministry, finance secretary and transferred, Former chief secretary of Punjab, interim Prime Minister’s, Interior Ministry, Ministry of Industries, Ministry of Information Technology, power sector, release of funds

Independent Power Producers (IPPs) ” dues: power ministry seeks Rs 150 billion from MoF

Caretaker Minister for Water and Power, Dr Musadik Malik on Wednesday revealed that the ministry has sought Rs 150 billion from the Finance Ministry to clear outstanding dues of Independent Power Producers (IPPs) which are facing default in payment to lenders and investors.
“The minister…http://alternativeenergy.com.pk/national-news/independent-power-producers-ipps-dues-power-ministry-seeks-rs-150-billion-from-mof/ Finance Ministry, Independent Power Producers (IPPs), NTDCL, power sector, PPIB, WPPO

Power sector woes:Finance Ministry MoF agrees to release Rs 10 billion the new economic team at a high-level meeting

he Finance Ministry has agreed to release Rs 10 billion for the power sector. This consent was given by the new economic team at a high-level meeting held under the chairmanship of Prime Minister former Justice Mir Hazar Khan Khoso at PM”s House convened to review the power situation in…http://alternativeenergy.com.pk/national-news/power-sector-woesfinance-ministry-mof-agrees-to-release-rs-10-billion-the-new-economic-team-at-a-high-level-meeting/ excessive, Finance Ministry, loadshedding, new economic team, power sector, power situation

Power sector Rs 20 billion to be arranged in 30 days: advisor to Finance Ministry in power sector

Amid conflicting statements with respect to power sector, Advisor to Finance Ministry Rana Asad Amin said a meeting chaired by the Prime Minister decided that power sector would be provided Rs 20 billion but the amount would not be provided immediately rather it would be arranged in next 30…http://alternativeenergy.com.pk/national-news/power-sector-rs-20-billion-to-be-arranged-in-30-days-advisor-to-finance-ministry-in-power-sector/ Finance Ministry, power sector

Provinces paid Rs 36.5 billion of GDS, oil, gas royalties: Ministry of Petroleum has reported

The Ministry of Petroleum has reported that net proceeds of Rs 36.5 billion collected on account of Gas Development Surcharge and Royalties on Crude Oil and Natural Gas have been distributed among provinces during the first six months of the current fiscal year.
Sources said that…http://alternativeenergy.com.pk/national-news/provinces-paid-rs-36-5-billion-of-gds-oil-gas-royalties-ministry-of-petroleum-has-reported/

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