revenue generation

Government Raises Gas Prices for Captive Power Plants to Meet IMF Conditions

Tabinda Fatima3 months ago3 months ago03 mins

Starting July 1, 2024, the federal government will not reduce natural gas prices for the general public, despite a recommendation from the Oil and Gas Regulatory Authority (OGRA) to lower them by 10%. Instead, the government has chosen to increase gas prices specifically for captive power plants (CPPs). The new rate for CPPs will be…

Pakistan Railways Embraces Solar Energy to Cut Costs and Improve Efficiency

Tabinda Fatima6 months ago6 months ago02 mins

Pakistan Railways (PR) has finalized a plan to switch to solar energy, aiming to save at least Rs1 billion annually. They’ve identified 100 sites with heavy electricity use for this transition. Senior PR officials state that management is taking steps to increase revenue and reduce financial losses. This includes shifting housing colonies, hospitals, and offices…