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Punjab markets to close at 9pm under power-saving plan: sources

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2 years ago

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  • Sources say under first phase of power-saving plan, restrictions have been imposed for two months.
  • Govt has completed consultations with trade associations and chambers.
  • LCCI chief says implementation of a power-saving plan will help save electricity and petrol.

LAHORE: The Punjab government on Saturday decided to implement a power-saving plan under which markets across the province will shut down at 9pm in order to save electricity, Geo News reported, citing sources.

According to sources, the government has completed consultations with trade associations and chambers and the plan will be implemented next week.

Under the first phase of the power-saving plan, the restrictions have been imposed for two months.

Moreover, the sources revealed that the government is also considering closing restaurants earlier.

Commenting on the proposal, Lahore Chamber of Commerce and Industry (LCCI) President Nauman Kabir said that the traders are on board with the government on all sorts of plans related to the national interest.

“Implementation of a power-saving plan will help save electricity and petrol,” he added.

Sindh markets to also close at 9pm

A day earlier, the Sindh government announced that markets across the province will shut down at 9pm to save electricity as the country witnesses constant power outages.

The measure, which will remain in effect till July 16, is in response to the prevalent outages, and load shedding of the electricity and seeks to reduce the shortfall between the supply and demand of electricity, according to the notification.

According to the notification, it was decided that the morning hours must be utilised for business activities. 

All markets and shopping malls shall close by 9pm, the notification said, adding that this does not extend to medical stores, pharmacies, hospitals, petrol pumps, CNG stations, bakeries and milk shops.

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Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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