Govt to construct dams to provide cheap electricity: Razak Dawood

News Image

MG News | June 10, 2020 at 09:52 AM GMT+05:00

0:00

June 10, 2020: Adviser to the Prime Minister on Commerce & Investment Abdul Razak Dawood has said the Government is working to construct dams to provide cheap electricity to people.

Talking to a private TV channel, he said the price of electricity in the country has been too high for the last thirty years and the availability of cheap electricity to the masses is needed.

Razak Dawood expressed hope that the matter of Independent Power Producers (IPPs) will be resolved soon.

The adviser said the upcoming budget of 2020-21 will be different from the past as COVID-19 has caused a huge gap in the imports and exports leading to a decrease in revenue. 

He said the government is paying full attention to increase the exports.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 161,453.64
44.22M
-0.40%
-649.28
ALLSHR 98,158.13
138.53M
-0.27%
-265.93
KSE30 48,929.90
12.76M
-0.51%
-248.77
KMI30 229,743.84
14.68M
-0.64%
-1486.47
KMIALLSHR 63,694.31
61.80M
-0.53%
-339.56
BKTi 43,880.65
3.15M
-0.27%
-116.99
OGTi 31,638.58
2.37M
-1.21%
-388.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 86,895.00 88,230.00
85,985.00
2295.00
2.71%
BRENT CRUDE 62.55 62.70
62.13
-0.01
-0.02%
RICHARDS BAY COAL MONTHLY 85.00 0.00
0.00
0.25
0.30%
ROTTERDAM COAL MONTHLY 96.25 0.00
0.00
0.15
0.16%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 58.01 58.13
57.64
-0.05
-0.09%
SUGAR #11 WORLD 14.77 14.83
14.56
0.11
0.75%

Chart of the Day


Latest News
November 24, 2025 at 10:20 AM GMT+05:00

Mamdani, Trump discuss NYC challenges


November 24, 2025 at 09:59 AM GMT+05:00

Pakistan drives maritime agenda ahead of IMO council elections


November 24, 2025 at 09:55 AM GMT+05:00

Asia markets jump on fresh fed cut hopes


November 24, 2025 at 09:47 AM GMT+05:00

NBP issues foreign exchange rates


November 24, 2025 at 09:38 AM GMT+05:00

KE Holdings calls out K-Electric management crisis



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg