Industry
‘NO BREAK UP OF PEPCO’
LAHORE: The managing director, Pakistan Electric Power Company (Pepco), Tahir Basharat Cheema, has dispelled the impression created in certain sections of the media that the Pepco is being disbanded and said it will continue to operate as a Holding Company while relinquishing its management obligations.
According to a press release here on Wednesday, he said this during a meeting with the members of the All Pakistan Textile Mills Association (APTMA) at the Wapda House. Supporting the need for reforms in the energy sector, he said the reforms being undertaken by the Government of Pakistan were aimed at resolution of the challenges being faced by the power sector.
GWADAR PORT DESERTED AGAIN AS UREA IMPORT OP-ERATION ENDS
KARACHI: Royal Flush, the last of the vessels carrying over 50,000 tons of urea for the current season, left the deserted Gwadar Port until next year’s urea import operations.
The GPRS system of the Royal Flush showed 67 ships sailing in the Arabian Sea, as it moved out of the port’s anchorage. “None of these ships will berth here,” an official of the Gwadar Port informed.
“Had the Gwadar Port been marketed well, half of these ships would have come to us,” the official said, while requesting anonymity.
The Gwadar Port depends on the government cargo only. The government has been trying, through temporary measures, to bail out the Ports of Singapore Authority (PSA), the operators of the Gwadar Port, the official said.
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