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Month: September 2020

17th Annual Environment Conference on Biodiversity and Post Pandemic Challenges on Sept 18th

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Karachi: National Forum for Environment and Health (NFEH) is holding 17th Annual Environment Excellence Awards (AEEA 2020) & Conference on “Biodiversity and Post Pandemic Challenges” on September 18 at local hotel Karachi. This was announced by President Naeem Qureshi in the meeting of NFEH Advisory Committee held at NFEH Office. Naeem Qureshi said conference and colorful award ceremony will be…

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CPEC projects get new team leader

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ISLAMABAD: The government has appointed a new head of two research and administration support projects of the China-Pakistan Economic Corridor (CPEC) ahead of a meeting of the highest decision-making body of the bilateral strategic initiative. The Pakistan Tehreek-e-Insaf (PTI) government has given the charge of Centre of Excellence project of CPEC and CPEC Support Project to Qazi Zaheer Ahmad, a…

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Row over hiring of arbitrator remains

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ISLAMABAD: The federal government has stepped up efforts for the transfer of K-Electric shares to Shanghai Electric Power of China but differences have not been resolved over the appointment of an arbitrator that will deal with the issue of receivables and payables. An application seeking the national security certificate for the transfer of 66.4% K-Electric shares to Shanghai Electric Power…

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Bhutta new power secretary; Rasul made OSD

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ISLAMABAD: The federal government on Monday removed Secretary Power Division, Omar Rasul. According to an official notification, Ali Raza Bhutta, a BS-22 officer of Pakistan Administrative Service, presently posted as Secretary Poverty Alleviation and Social Safety Division, has been transferred and posted as Secretary Power Division. The sources said, last week, a disgruntled Secretary Power Division Rasul left the Ministry…

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Accelerated carbonation of mining waste may be used to recover cobalt, nickel

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A series of experiments carried out by an international group of scientists allowed them to achieve the equivalent of approximately 30 years of passive carbonation of mine tailings within four weeks.  In a paper published in the journal Economic Geology, the researchers say that this accelerated carbonation of mining waste significantly increases carbon capture for environmental benefit and has the potential to recover…

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Turkish President Erdogan blinks first in eastern Mediterranean standoff

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ANKARA: Turkish President Recep Tayyip Erdogan backed down on Sunday from looming conflict in the eastern Mediterranean by ordering a research ship operating in Greek territorial waters to return to the Turkish coast. Tension in the region had soared since the Oruc Reis seismic survey vessel and an escort flotilla of Turkish navy frigates was deployed last month near the…

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China grows regional role

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Leaks from last month indicate that a deal with colossal scope has been agreed between China and Iran. All the details of the agreement are not yet known, but the parts that have been reported show that this will be the biggest deal between China and any Belt and Road Initiative (BRI) country. However, considering the potential of both nations,…

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Policy of continued hike in power tariff hurting businesses: FPCCI

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ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Sunday said that affordable and continued supply of electricity has become a dream for masses and the business community. Costly electricity is not only hurting the masses but is also adding to the cost of doing business as well as cost of production and exports, said FPCCI Vice President…

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Who will bear the brunt of power?

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With more than half of the country’s total capacity charges payable to state-owned power projects, the government has decided in principle to cut the return on equity (ROE) for all public-sector plants, including hydro, nuclear, old thermal and new regasified liquefied natural gas (RLNG)-based projects. The combined impact of the reduction in ROE for these projects has been estimated to…

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