World efforts to tackle climate change are “way off track”, the head of Britain’s main business lobby group said Monday after a G7 pledge to step up action. Tony Danker, director-general of the Confederation of British Industry, also urged the UK government to speed up greener housing, energy and transport measures to help meet its […]
Energy
Turkmenistan says China gas pipeline debt paid off
Turkmenistan’s autocrat leader said that his country’s debts to China for a multi-billion-dollar gas pipeline and another gas project had been paid off “in full”, state media reported Saturday. China has invested billions in the development of Turkmenistan’s gas industry, establishing itself as the isolated country’s number one destination for exports. Beijing’s most important projects […]
Tajikistan proposes ‘trade corridor’ to access Gwadar, Karachi ports
ISLAMABAD: Tajikistan’s President Emomali Rahmon on Wednesday expressed his country’s interest to access Pakistan’s Gwadar and Karachi seaports as the ‘shortest trade route’ for the landlocked Central Asian state to connect with the region. In this regard, the Tajik president supported establishment of a ‘trade corridor’ passing through Pakistan, as he addressed at a joint […]
Pakistan to meet renewable energy targets by year 2030: Amin Aslam
ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Climate Change Malik Amin Aslam on Sunday said that Pakistan would become the world’s best example in green energy revolution as the government was well on track to meet the renewable energy targets by 2030 and will raise it to 60% through renewable resources. Pakistan was […]
Curbing power crisis: experts call for awareness about energy efficiency
Bahauddin Zakariya University (BZU), on Sunday, hosted a special workshop on “Roadmap for Energy Efficiency,” where speakers stressed for the efficient energy utilisation for maximum conservation and to curb power crises. The workshop was jointly organized by BZU Department of Engineering; Punjab Energy Efficiency and Conservation Agency (PEECA); Energy Department of Government of Punjab and […]
CDWP clears Rs 46b project for Pak-Tajikistan energy transmission
Central Development Working Party (CDWP), on Monday, accorded approval to a project worth Rs 552.708 million and recommended three projects worth Rs 209.5 billion to ECNEC for endorsement. CDWP had met in a meeting chaired by Federal Minister for Planning, Development & Reform, Makhdum Khusro Bakhtyar. Planning Secretary, Zafar Hasan, as well as senior officials […]
Thar coal power plant-II inaugurated: Shaheed Benazir Bhutto’s vision for energy
The Thar Desert contains one of the largest untapped coal deposits in the world. The size of lignite coal reserves in the Thar Desert was estimated at 175 billion tons in 1992 and is spread across 9,100 sq k. The Thar Coal Power Project started electricity production in the month of March 2019 with 330MW […]
Contextualizing the energy crisis in Pakistan
With a rising population and an expanding economy, Pakistan’s energy needs have outpaced its national energy supply. Exacerbating the demand-supply gap isPakistan’s unsustainable power generation fuel mix, which contains a high share of oil-based power generation up to 32%, resulting in high cost of electricity production.Moreover, there is a heavy reliance on imported fuels which […]
Energy prices rise again
The prices of petroleum products hiked by 6.45 percent today after the international prices of crude oil crept up by just under two percent over the previous month. As a result, the prices of petrol and diesel rose by Rs 6 per litre. To the government’s credit however, the full price hike has not been […]