Delay in updating basmati grades
5.1 No objection certificates for sale of units in buildings, which shall include at least the following details; (similar terms are to be posted on website for plots under 5.2) 5-1.2. The meeting was told that the utility’s power generation capacity had decreased by 4.62 per cent, while there had been an increase in transmission and distribution losses over the previous year.If these are official figures, one wonders how high the actual ones are.KARACHI (October 30 2009): Chief Executive Officer (CEO) of Karachi Electric Supply Company (KESC) Naveed Ismail on Thursday resigned due to, what he says, personal reasons.However, sources in the utility linked the resignation of the CEO to the persistent criticism of media over the management's failure to improve the distribution and supply system of the utility, failure to control the hours long continued load shedding, an unsupportive Board of Directors, who were critical of Ismail's power management policies and extravagant expenses."If the Petroleum Ministry accepts his resignation, it will be forwarded to the Prime Minister for formal approval," sources added. Accordingly, as the DHA City Karachi, and PHA-Maymar Tower, Karachi are two Public Sector Housing Projects in Gadap Town, Karachi, which falls under the jurisdiction of CDGK and are required to follow the Karachi Building & Town Planning Regulations, 2002.The government had appointed Zahid Hussain as the new managing director of OGDCL in July 2008. The balloting for allotment on flats are being held shortly.They also questioned him as to why the company paid in advance millions of dollars to EGRICO, a Dubai based firm, for the rental power project of 50 MWs.
Zahid Hussain was tasked to expedite oil and gas exploration due to increase in oil prices in global market to make the country self-sufficient in energy. In case of the cancellation of booking due to non-payment of instalments, the builder will cancel the unit and in case the cancellation is made before the execution of agreement, the developer shall refund the total amount paid till date by the Allottee within 30 days.Though the company provided lucrative accommodation to its chief at its own well-furnished bungalow, spread over 1000 square yard, Naveed Ismail refused to avail the facility and spent around Rs 9 million from company's account on his private accommodation, they added.Though, the sources said, there were fewer chances of changes in the managerial affairs of the company, the new chief was expected to bring some improvements in the company's power generation, transmission and distribution system.The sources said reshuffle in other public sector entities of the Petroleum Ministry was on the cards after Federal Minister for Petroleum and Natural Resources Syed Naveed Qamar took charge. However, if the agreement has been executed 4 percent of the paid amount shall be retained by the builder and rest will be refunded within 30 days.