Power Division seeks approval for halting facility, giving monetisation allowance

Export industries of Punjab will get cheaper blend of local gas and LNG

Company asks for increase in electricity price under quarterly adjustment

Power Division proposes transition from Libor to SOFR for power project loans

Also inks agreement for refinery expansion with China’s UEG that will invest $1.5b

Govt allows refineries to enter into direct commercial contracts with Russian firms

Will be given this status after 100 years since its construction

Govt reduces petrol price by Rs40 per liter, effective today

Final decision rests with govt that may instead resort to tax adjustments

Power Division asked to step up efforts to remove bottlenecks