Govt renegotiating contracts with IPPS to control ‘unsustainable’ tariffs, says power minister D_Trends

Govt renegotiating contracts with IPPS to control ‘unsustainable’ tariffs, says power minister D_Trends

Pakistan is renegotiating contracts with independent power producers to rein in “unsustainable” electricity tariffs, the head of the power ministry said, as households and businesses buckle under soaring energy costs. Rising power tariffs have stirred social unrest and shuttered industries in the $350 billion economy, which has contracted twice in recent years as inflation hit … Read more

Macron appoints former Brexit negotiator Michel Barnier as France’s new prime minister Dtrends

Macron appoints former Brexit negotiator Michel Barnier as France’s new prime minister Dtrends

PARIS: French President Emmanuel Macron appointed Michel Barnier, the EU’s former Brexit negotiator, as his new prime minister on Thursday, tasking him with unifying France and ending the political paralysis that followed an inconclusive snap election. The discreet, conservative politician will have the daunting challenge of trying to push reforms, and the 2025 budget, through a bitterly … Read more

Pakistan-Saudi Arabia talks on Reko Diq mining project near completion: Petroleum minister D_Trends

Pakistan-Saudi Arabia talks on Reko Diq mining project near completion: Petroleum minister D_Trends

Pakistan is nearing the conclusion of negotiations with Saudi Arabia on the massive Reko Diq copper-gold mining project, one of the world’s largest untapped resources, according to Petroleum Minister Dr Musadik Malik. In a statement made on Wednesday, Dr Malik revealed that discussions with Saudi Arabia also include potential collaborations on water infrastructure projects, signalling … Read more

Minister promises action to address diesel crisis D_Trends

Minister promises action to address diesel crisis D_Trends

ISLAMABAD: Petroleum Minister Musadik Malik has expressed ignorance about excessive diesel imports by a few oil marketing companies (OMCs), which put operations of local refineries in jeopardy. The Oil Companies Advisory Council (OCAC), which represents the refineries and exploration companies, has recently raised the issue of swelling diesel stocks, which jumped to 49 days of … Read more

Minister vows to curb digital misinformation Dtrends

Minister vows to curb digital misinformation Dtrends

ISLAMABAD: Information Minister Attaullah Tarar on Wednesday highlighted the irony that, despite the growth of digital space, there are no robust mechanisms to authenticate and verify information. Speaking at a ceremony for the “Digital Sahafat: Training Programme for Pakistani Journalists,” he emphasized the severe damage caused by fake news, disinformation, and misinformation. “For a fragile … Read more

Minister eyes stronger ties with Denmark D_Trends

Minister eyes stronger ties with Denmark D_Trends

 ISLAMABAD  : Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with Mikko Keto, Global CEO of FLSmidth, a leading global provider of engineering and equipment for the mining and cement industries, on Tuesday. The meeting was also attended by the Danish Ambassador, Jakob Linulf, senior officials from FLSmidth, and the Finance Division, according … Read more

Law minister rebuffs speculations on extension in CJP Isa tenure Dtrends

Law minister rebuffs speculations on extension in CJP Isa tenure Dtrends

Federal Law Minister Azam Nazeer Tarar speaking on the floor of the Senate in this undated picture. — APP/File Law minister says it’s unnecessary to discuss CJP’s extension.  “2/3 majority should be discussed if extension has to be granted.”  Gohar says no PTI’s lawmaker will vote for proposed amendments. Federal Minister for Law Azam Nazeer … Read more

Power minister says ‘govt cautiously navigates complex IPPs issue’ D_Trends

Power minister says ‘govt cautiously navigates complex IPPs issue’ D_Trends

ISLAMABAD: The Pakistani government is taking a measured approach to address the complex issues surrounding Independent Power Producers (IPPs), as revealed by Power Minister Awais Leghari during a Senate standing committee session on Friday. A dedicated task force is currently evaluating potential fault lines in agreements with IPPs, aiming for mutual corrections while avoiding any … Read more

Minister warns of ‘Reko Diq-like situation’ if IPPs contracts terminated unilaterally D_Trends

Minister warns of ‘Reko Diq-like situation’ if IPPs contracts terminated unilaterally D_Trends

Federal Minister of Energy Sardar Awais Ahmad Khan Leghari. — APP/File Minister says body, chaired by him, is reviewing IPPs issue. Leghari says govt wants to rid itself of IPPs no longer needed. Says good news regarding IPPs in store for nation. Federal Minister for Power Awais Leghari has said that the government cannot unilaterally … Read more

Those who reject the state are terrorists; we will address them, says the Interior Minister Dtrends

Those who reject the state are terrorists; we will address them, says the Interior Minister Dtrends

Interior Minister Mohsin Naqvi has stated those who support Pakistan will be highly valued, while those who do not recognise the state will be deemed terrorists, and measures will be taken against them. He added that there is no ongoing operation in Balochistan. During a Senate discussion on terrorism in Balochistan, he mentioned that the Apex Committee … Read more