Prime Minister Shehbaz Sharif has emphasised that Chashma-5 (C-5) Nuclear Power Plant represents clean electricity and energy security for the people of Pakistan.
The premier made the remarks, aired on Tuesday, at a ceremony marking the dome placement of the C-5 plant near Mianwali.
The placement of a nuclear plant’s dome, which is weather-sealed, signifies the end of civil works and the beginning of internal construction and installation.
A government press release hailed the progress as a “major milestone” for the Pakistan Atomic Energy Commission (PAEC).
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PM Shehbaz stresses clean energy’s importance for Pakistan at Chashma-5 nuclear plant event
Prime Minister Shehbaz Sharif has emphasised that Chashma-5 (C-5) Nuclear Power Plant represents clean electricity and energy security for the people of Pakistan. The premier made the remarks, aired on Tuesday, at a ceremony marking the dome placement of the C-5 plant near Mianwali. The placement of a nuclear plant’s dome, which is weather-sealed, signifies the end of civil works and the beginning of internal construction and installation. A government press release hailed the progress as a “major milestone” for…
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7 hours ago · minutemirror.com.pk
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Deputy Prime Minister Ishaq Dar has said that a modern, efficient, and fiscally viable railway network is vital for national economic integration and regional connectivity....
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ISLAMABAD: The Public Accounts Committee (PAC) on Tuesday proposed deferring the privatisation of power companies, expected to take place in January, until their assets, machinery, land and other properties are properly assessed and revalued to prevent potential losses to the national exchequer. The proposal came after Auditor General of Pakistan Maqbool Ahmad Gondal raised concerns that the government was relying on outdated valuations of public assets during a meeting of the PAC to examine the audit reports of the Power Division and its attached entities for 2024-25. The committee observed that the management had failed to revalue fixed assets worth Rs624.47 billion. The Auditor General’s office also pointed out that the companies had not tagged their assets, reflecting negligence in complying with directives of the National Electric Power Regulatory Authority (Nepra). It said property, plant and equipment were key components of financial statements, and inaccurate valuations could distort a company’s overall financial position. PAC Chairperson Shahida Begum said the actual value of the assets needed to be determined and properly categorised before proceeding with privatisation. “Until we know their exact value, how can we privatise them? If the assets are sold without proper valuation, it will definitely result in a loss for the government,” she said. She called for another meeting in three weeks to review the privatisation process and ensure that the assets were assigned their correct market values before further steps were taken. The Privatisation Commission and the Power Division were directed to submit detailed reports at the next meeting. Rs8.6bn payments questioned The committee also examined audit objections concerning payments of Rs8.648bn borne by electricity consumers because of poor planning, faulty procurement of equipment and deficiencies in the performance of a grid station and its associated transmission line. During a performance audit…
