PM directs to ease process for investment in energy sector

News Image

MG News | September 05, 2019 at 10:38 AM GMT+05:00

0:00

September 05, 2019 (MLN): Prime Minister Imran Khan has directed to prepare a timeline based strategy to further ease the process for investors and investment in the energy sector.

He was chairing a briefing on creating easements, resolving people's problems, and simplifying the process and procedure for investment in the energy sector.

The meeting was informed that target for the transmission of 23,000 megawatt of electricity was achieved for the first time in country's history.

It was briefed that common people are allowed to purchase transformers from approved companies without seeking any No Objection Certificate to solve their problems at the earliest.

The meeting was informed that a pilot project has been started by Lahore Electric Supply Company (LESCO) to further ease the process for new electricity connection.

It was told that incidents of power failures in LESCO have been reduced to 108 this year from 1379 last year.

The Prime Minister appreciated the measures taken by the Energy Ministry to bring improvements in the power sector.

 

Related News

Name Price/Vol %Chg/NChg
KSE100 140,032.96
64.86M
1.17%
1620.71
ALLSHR 86,730.12
140.77M
1.20%
1027.16
KSE30 42,794.06
37.33M
1.28%
539.21
KMI30 197,304.16
41.74M
1.65%
3194.57
KMIALLSHR 57,572.56
71.96M
1.51%
858.89
BKTi 38,154.17
3.78M
0.85%
322.83
OGTi 28,404.58
17.92M
3.51%
963.95
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,180.00 119,430.00
117,905.00
1560.00
1.33%
BRENT CRUDE 72.23 72.82
72.19
-1.01
-1.38%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.86 70.41
69.83
-0.14
-0.20%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News
July 31, 2025 at 10:16 AM GMT+05:00

Pakistan seeks stronger trade ties with Morocco


July 31, 2025 at 10:02 AM GMT+05:00

Fed holds rates steady


July 31, 2025 at 09:57 AM GMT+05:00

Pakistan’s untapped Shale reserves back in focus



Top 5 things to watch in this week

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