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The Public Procurement Regulatory Authority (PPRA) is an autonomous regulatory authority in Pakistan responsible for prescribing regulations and procedures for public procurement by Government of Pakistan-owned public sector organizations and monitoring of procurement undertaken by other public sector organizations under the Public Procurement Regulatory Authority Ordinance of May 2002. [1]
In 2007, Occidental Petroleum exited Pakistan and solds its assets to BP Pakistan. [1] In 2011, United Energy Group acquired the Pakistani assets of BP and BP Pakistan was renamed as UEP. [2] [3] A year later, in 2012, UEP secured a credit line of $5 billion from China Development Bank for its Pakistani operations and other potential acquisitions.
Government procurement in Pakistan is overseen by the Public Procurement Regulatory Authority (PPRA), an autonomous body based in Islamabad which was established by the Public Procurement Regulatory Authority Ordinance of May 2002. The PPRA is responsible for issuing regulations and procedures for public procurement undertaken by federal level ...
In 2012, UEP secured a credit line of $5 billion from China Development Bank for its Pakistani operations and other potential acquisitions. In March 2018, UEP acquired OMV Pakistan assets for US$192 million. [4] In FY2019, United Energy Pakistan was the largest foreign oil and gas exploration and production company in Pakistan.
July 24, 2012 began Phase I of a consolidation of federal government systems used for contracting to SAM (System for Acquisition Management). On that date, users were no longer permitted to enter new information into the CCR or the other systems being migrated in Phase I to allow sufficient time for their data to be migrated to SAM.
In November 2017, DGDP renewed a Memorandum of Understanding (MoU) with Pakistan National Shipping Corporation (PNSC). They have been in working relationship for more than two decades. [3] In June 2019, the federal government sanctioned an additional fund of Rs 410 million for the upkeep and repair of two VVIP Gulfstream planes. [4]
This page was last edited on 25 September 2023, at 12:19 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The National Electric Power Regulatory Authority (Urdu: نیپرا, abbreviated as NEPRA) is responsible for regulating the electricity supply in Pakistan. [2] [3] It is also responsible for issuing licences for generation, transmission and distribution of electricity, establishing and enforcing standards to ensure quality and safety of operation and supply of electric power to consumers ...