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Tag Archives: CASA-1000

After Rs19/litre cut in petrol prices, govt to decrease power tariff in two days

ISLAMABAD: The government is going to announce huge cut in electricity tariffs within two days, revealed the Spokesman to the Prime Minister, Musadik Malik, while talking to the media. He said that earlier the government had also decreased the petroleum prices by Rs19 per litre during 30 days. He said that the government was struggling to tackle power crisis on priority and ... Read More »

WB support lauded: PM Nawaz insists trying to turn challenges into opportunities

ISLAMABAD: Prime Minister Nawaz Sharif asserted that his government was striving hard to turn challenges into opportunities through well-conceived economic planning, good governance and consistency in policy implementation. The Pakistani government has been pursuing the agenda of development and reform with a strong commitment with special focus on plans for energy and poverty eradication. Talking to a delegation led by ... Read More »

GDP growth rate to up by 7pc, exports $32b, FDI $5.5b, reserves $20b by 2018, claims Dar

ISLAMABAD: Federal Finance Minister Ishaq Dar, addressing the 16th National Security Workshop on the topic “Economic Policy of Pakistan” at the National Defence University, has said that the country’s GDP growth rate will be increased to 7 per cent by the year 2017-18. Finance Minister Senator Ishaq Dar said that fiscal consolidation, power sector reforms, gas sector reforms, privatisation programme, ... Read More »

TAPI pipeline, CASA-1000: Pakistan, Russia to cooperate in oil, gas, energy projects

MOSCOW: Islamabad and Moscow have agreed to further strengthen bilateral ties between the two countries by boosting cooperation in oil and gas exploration and other transnational energy projects, including CASA-1000 and Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. During the third session of Pakistan-Russia Joint Working Group (JWG) on Energy, the Pakistani delegation – led by Ambassador to Russia Zaheer A Janjua – also ... Read More »

Russia endorses CASA-1000, TAPI pipeline projects

MOSCOW: Islamabad and Moscow have agreed to further strengthen bilateral ties between the two countries by boosting cooperation in oil and gas exploration and other transnational energy projects, including CASA-1000 and Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. During the third session of Pakistan-Russia Joint Working Group (JWG) on Energy, the Pakistani delegation – led by Ambassador to Russia Zaheer A Janjua – also ... Read More »

Russia endorses CASA-1000, TAPI pipeline projects

MOSCOW: Islamabad and Moscow have agreed to further strengthen bilateral ties between the two countries by boosting cooperation in oil and gas exploration and other transnational energy projects, including CASA-1000 and Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. During the third session of Pakistan-Russia Joint Working Group (JWG) on Energy, the Pakistani delegation – led by Ambassador to Russia Zaheer A Janjua – also ... Read More »

US extols AfPak electricity transit pact

WASHINGTON: The United States has lauded electricity transit fees agreement between Pakistan and Afghanistan. On Saturday, Finance Minister Ishaq Dar and his Afghan counterpart Omar Zakhilwal signed agreement over transit pricing for the Central Asia South Asia electricity transmission project (CASA-1000) during the annual meetings of the World Bank and IMF in Washington DC. Parsing the agreement, the US State ... Read More »

Pakistan, Afghanistan accord for transmitting 1300MW electricity

WASHINGTON: Pakistan and Afghanistan signed a much-awaited agreement Central Asia South Asia Electricity Transmission and Trade Project known as CASA-1000 on electricity transit fees. This would help establish commercial arrangements for 1,300MW of sustainable regional electricity trade between Kyrgyz Republic, Tajikistan, Afghanistan and Pakistan as part of the CASA-1000. Finance Minister Ishaq Dar described it a major step towards closer ... Read More »