Friday, September 13th, 2024
Govt’s IPP capacity expansion plan likely to worsen circular debt crisis: IPS’ study
ISLAMABAD, SEPT 13: /DNA/ – The government aims to expand power generation capacity by adding 7,500 MW by 2034 and extending independent power producer (IPP) licenses, potentially worsening the circular debt crisis in the sector. In FY 2022-2023, capacity payments to 17 of the 100 IPPs with a combined capacity of 12,847 MW reached Rs472.12 billion, while heavy interest payments to nine notable IPPs amounted to Rs133.5 billion. In some cases, interest payments exceed both capacity and electricity purchase prices. With the current installed capacity of 45,000 MW surpassing peakRead More
COAS General Syed Asim Munir visits troops in Orakzai
RAWALPINDI, SEPT 13: /DNA/ – General Syed Asim Munir, NI(M), Chief of Army Staff (COAS), visited troops in Orakzai District who had participated in the recently conducted counter-terrorism actions in Tirah Valley and surroundings. COAS was given a comprehensive briefing on overall security situation, ongoing Intelligence Based counter-terrorism actions and multi-prong measures being undertaken to ensure stability in Merged Districts. In his interaction with officers and troops, COAS appreciated their high morale and readiness to give effective response against all types of threat.COAS reiterated the resolve to comprehensively defeat hostileRead More
Junaid Chatta leads efforts to revive hockey in Pakistan
ISLAMABAD, SEPT 13: /DNA/ – Junaid Chatta, a dedicated individual working towards reviving hockey and international sports activities in Pakistan, recently attended the International Sports Conference in Dusseldorf, Germany. As the Chief Executive of What’s Goal Pakistan, Junaid Chatta aimed to engage in detailed discussions with German football and hockey professionals to seek their support and collaboration. During the conference, Junaid Chatta had the opportunity to meet with Moritz Forste, the CEO of Powwow Germany and a renowned hockey world champion and Olympic gold medalist. Moritz Forste expressed his fullRead More
In a first, Quaid-i-Azam’s death anniversary commemorated in Bangladesh
DHAKA: For the first time in Bangladesh’s history, Quaid-i-Azam Muhammad Ali Jinnah’s death anniversary was commemorated in Dhaka. The commemoration marked the 76th anniversary of Jinnah, and Urdu songs and poetry were played and recited in the country’s capital city, Dhaka Tribune reported on Thursday. The publication stated that the event was organised by the Nawab Salimullah Academy at the Tofazzal Hossain Manik Miah Hall at the National Press Club in Dhaka. Play VideoThe event was also expecting the arrival of the Pakistani high commissioner to Bangladesh as the chiefRead More
Climate compatible education is the need of the hour: Romina
Ambassador Khazar Farhadov, Azerbaijan’s envoy to Pakistan, emphasized his country’s dedication to fostering global collaboration in the fight against climate change as the host of this year’s COP. He expressed Azerbaijan’s aspiration to set an example, emphasizing the establishment of climate-smart cities nationwide as part of their development plan DNA ISLAMABAD: At a seminar on ‘Climate-Compatible Education’ hosted by the Institute of Regional Studies, Islamabad (IRS), Ms. Romina Khurshid Alam, Coordinator to the Prime Minister on Climate Change, emphasized the crucial role of early education in shaping lifelong habits thatRead More