Karachi (Urdu:کراچی / ALA-LC: Karācī IPA:[kəˈrɑːˌtʃi]) is the largest city of Pakistan and the capital of the province of Sindh as well as one of the largest and most populous metropolitan cities in the world. It is also the main seaport and financial center of the country. Karachi metro has an estimated population of over 23.5million people as of 2013, and area of approximately 3,527km2 (1,362sqmi), resulting in a density of more than 6,000 people per square kilometre (15,500 per square mile).
Karachi is also ranked as a beta world city. It was the capital of Pakistan until Islamabad was constructed as a capital to spread development evenly across the country and to prevent it from being concentrated in Karachi. Karachi is the location of the Port of Karachi and Port Bin Qasim, two of the region's largest and busiest ports. After the independence of Pakistan, the city population increased dramatically when hundreds of thousands of MuslimMuhajirs from India and from other parts of South Asia came to settle in Karachi.
Karachi. Total loans under the SBP’s financing scheme for renewable energy amounted to Rs36 billion as of February as the scheme has evolved over time and received strong response, the central bank governor said on Tuesday ... “This is part of the country’s efforts to diversify the energy mix and reduce climate change impact.”.
KARACHI. PakistanBusinessCouncil (PBC) has recommended sustainable and competitive energy supply pro-growth fiscal policy, infrastructure and low-cost financing as the four key drivers to revive the industry from its premature deindustrialization ... Malik said the energy sector is ...
Participants at a public hearing overwhelmingly supported the cases of two separate firms for grant of construction licences at the earliest to help reduce energy costs and gas shortage that currently stood at about three billion cubic feet per day (BCFD) ... at Port Qasim, Karachi.
There has been talk of a USD 14 bn investment in Pakistan’s energy sector, with some USD 10 bn for a undersea pipeline and the rest for a Karachi to Lahore North-South gas pipeline first envisaged in 2015. But the energy giant Gazprom’s vision for the undersea pipeline is to extend it to not just India but also to Bangladesh, and perhaps China.
Russia on Wednesday assured Pakistan of full cooperation in diverse areas particularly to meet the country's requirements in energy, security equipment and supply of coronavirus vaccine ... the country's requirements in energy, security equipment and supply of coronavirus vaccine.
“I want to strengthen the KarachiDevelopmentAuthority [KDA] by giving them a bailout package and a plan comprising more energy and resources,” said Syed MuradAli Shah, who had chaired a meeting at the CM House to review the progress of the mega projects.
Other promising projects include the modernisation of the KarachiSteelMills built with the assistance of the USSR, the reconstruction of the energy and railway systems of Pakistan, as well as the supply of Russian civil aircraft,” the statement concluded.
KARACHI. SindhRevenueBoard (SRB) has suspended sales tax registration of a Chinese energy company for failing to produce purchase invoices, officials said on Tuesday ... “The company keeps the abnormal tax profile on account of made/declared huge purchases and failed to attach the purchase invoices with Sindh sales tax returns,” the SRB said ... .