AIRLINK 152.12 Decreased By ▼ -8.16 (-5.09%)
BOP 9.12 Decreased By ▼ -0.36 (-3.8%)
CNERGY 7.09 Decreased By ▼ -0.72 (-9.22%)
CPHL 82.29 Decreased By ▼ -3.82 (-4.44%)
FCCL 42.81 Decreased By ▼ -0.92 (-2.1%)
FFL 14.21 Decreased By ▼ -0.75 (-5.01%)
FLYNG 28.59 Decreased By ▼ -0.10 (-0.35%)
HUBC 131.94 Decreased By ▼ -5.18 (-3.78%)
HUMNL 12.23 Decreased By ▼ -0.22 (-1.77%)
KEL 4.00 Decreased By ▼ -0.11 (-2.68%)
KOSM 4.91 Decreased By ▼ -0.33 (-6.3%)
MLCF 67.05 Decreased By ▼ -1.87 (-2.71%)
OGDC 200.38 Decreased By ▼ -7.43 (-3.58%)
PACE 4.99 Decreased By ▼ -0.17 (-3.29%)
PAEL 41.50 Decreased By ▼ -1.70 (-3.94%)
PIAHCLA 16.22 Decreased By ▼ -0.56 (-3.34%)
PIBTL 8.42 Decreased By ▼ -0.50 (-5.61%)
POWER 13.05 Decreased By ▼ -0.43 (-3.19%)
PPL 148.60 Decreased By ▼ -8.50 (-5.41%)
PRL 27.71 Decreased By ▼ -0.88 (-3.08%)
PTC 19.46 Decreased By ▼ -1.12 (-5.44%)
SEARL 81.97 Decreased By ▼ -2.62 (-3.1%)
SSGC 37.27 Decreased By ▼ -2.06 (-5.24%)
SYM 14.38 Decreased By ▼ -0.80 (-5.27%)
TELE 6.82 Decreased By ▼ -0.21 (-2.99%)
TPLP 8.14 Decreased By ▼ -0.68 (-7.71%)
TRG 63.13 Decreased By ▼ -0.71 (-1.11%)
WAVESAPP 8.04 Decreased By ▼ -0.83 (-9.36%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
YOUW 3.35 Decreased By ▼ -0.19 (-5.37%)
AIRLINK 152.12 Decreased By ▼ -8.16 (-5.09%)
BOP 9.12 Decreased By ▼ -0.36 (-3.8%)
CNERGY 7.09 Decreased By ▼ -0.72 (-9.22%)
CPHL 82.29 Decreased By ▼ -3.82 (-4.44%)
FCCL 42.81 Decreased By ▼ -0.92 (-2.1%)
FFL 14.21 Decreased By ▼ -0.75 (-5.01%)
FLYNG 28.59 Decreased By ▼ -0.10 (-0.35%)
HUBC 131.94 Decreased By ▼ -5.18 (-3.78%)
HUMNL 12.23 Decreased By ▼ -0.22 (-1.77%)
KEL 4.00 Decreased By ▼ -0.11 (-2.68%)
KOSM 4.91 Decreased By ▼ -0.33 (-6.3%)
MLCF 67.05 Decreased By ▼ -1.87 (-2.71%)
OGDC 200.38 Decreased By ▼ -7.43 (-3.58%)
PACE 4.99 Decreased By ▼ -0.17 (-3.29%)
PAEL 41.50 Decreased By ▼ -1.70 (-3.94%)
PIAHCLA 16.22 Decreased By ▼ -0.56 (-3.34%)
PIBTL 8.42 Decreased By ▼ -0.50 (-5.61%)
POWER 13.05 Decreased By ▼ -0.43 (-3.19%)
PPL 148.60 Decreased By ▼ -8.50 (-5.41%)
PRL 27.71 Decreased By ▼ -0.88 (-3.08%)
PTC 19.46 Decreased By ▼ -1.12 (-5.44%)
SEARL 81.97 Decreased By ▼ -2.62 (-3.1%)
SSGC 37.27 Decreased By ▼ -2.06 (-5.24%)
SYM 14.38 Decreased By ▼ -0.80 (-5.27%)
TELE 6.82 Decreased By ▼ -0.21 (-2.99%)
TPLP 8.14 Decreased By ▼ -0.68 (-7.71%)
TRG 63.13 Decreased By ▼ -0.71 (-1.11%)
WAVESAPP 8.04 Decreased By ▼ -0.83 (-9.36%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
YOUW 3.35 Decreased By ▼ -0.19 (-5.37%)
BR100 11,776 Decreased By -377.8 (-3.11%)
BR30 34,410 Decreased By -1457.9 (-4.06%)
KSE100 111,327 Decreased By -3545.6 (-3.09%)
KSE30 33,993 Decreased By -1274 (-3.61%)

imageISLAMABAD: Minister for Defence and Water and Power Khawaja Muhammad Asif on Tuesday said that the Nandi Pur Power Project would soon be made operational after converting its oil treatment plant to liquified natural gas.

Speaking at a private news channel, Khawaja Asif said that technically the government has not taken over the Nandi Pur Power Project yet. He said that the government has no objection on any audit or any kind of inquiry or investigation to probe into the project.

The minister said that the governmnet has maintained the circular debt at Rs 314 billion which has not been increased. He added the agreement for the production of electricity on liquified Natural Gas (LNG) would soon be finalized and the reverse payment plan with the Ministry of Petroleum for the purchase of LNG would also be finalized soon, he added.

To a question, the minister said that the loadshedding was decreased from twelve hour and maintained at six hours per day during the incumbent regime.

The Minister said that NEPRA has never stated that the 70 percent of the electric meters were faulty.

Replying to another question, Khawaja Asif said that initially five old faulty power plants including Muzaffargarh, Multan, Guddu, Kotary and Jamshoro would be replaced to minimize the oil consumption for provision of low cost electricity.

Appreciating the Operation Zarb-e-Azb, the minister said that Pak Army and the civilians have rendered unprecedented sacrifices to eliminate the terrorism from the country, and the Shawal Operation would also be completed soon.

Defence Minister said "Our brave nation and army wrote the history with its blood to eliminate terrorism."

While giving the example of Afghanistan, the minister said that the forces of sixteen countries equipped with state- of- the-art facilities could not succeed to establish a stable government, but Pak army achieved the milestone of uprooting the terrorism from the country.

The Prime Minister's upcoming visit to USA would also be proved a milestone for confidence building and strengthening ties between the two countries, he remarked.

Copyright APP (Associated Press of Pakistan), 2015

Comments

Comments are closed.