The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), opposing the Economic Coordination Committee’s (ECC) decision of raising power tariff for the export sector by 1.5 cents amidst downfall of 20 per cent exports, has sought regionally competitive energy tariffs for domestic as well as export industries to capture the global market. FPCCI President Mian Anjum Nisar observed that…
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ATTOCK (Dunya News) – Special Assistant to Prime Minister on Climate Change Malik Amin Aslam Saturday said that provision of gas facility to 25 villages and adjacent localities of NA-56 had been approved. While addressing a gathering in Pindigheb, he said the government believed in across the board provision of facilities without any discrimination, adding that that NA 56 constituency…
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HARIPUR: Landowners from the remote Sarahdna villagein Khanpur tehsil have criticised a gas exploration company over what they called its failure to fulfil conditions incorporated in the memorandum of understanding(MoU) at the time of land acquisition. They warned that they would stage protests if their demands were not met in two weeks. Located on the eastern bank of Khanpur reservoir…
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The division, in a press release issued about the seminar on gas supply issues held recently at the Prime Minister Secretariat, said,”The discourse was very productive and led to suggestions on the way forward for issues pertaining to gas sector of Pakistan.” The seminar witnessed active participation from the Federal Government, parliamentarians, provincial ministers, provincial energy departments, corporate executives and energy experts. In his keynote address, Prime Minister Imran Khan had appreciated the efforts…
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France has announced its plans to invest €100 billion (~$118.4 billion) to retrieve the economy from the damage caused by the COVID-19 pandemic. As part of its ‘France Relance’ (France Relaunching) plan, the government has allocated €30 billion (~$35.51 billion) for the green energy sector. The total impetus of €100 billion is one-third of France’s annual budget, 40% of which would be…
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As the single-largest carbon-free source of electricity, nuclear power often plays a big part in plans to decarbonize energy. Many policymakers insist that nuclear must be part of any solution to avoid the worst consequences of climate change over the coming decades. But as the debate over preserving existing nuclear plants and supporting advanced nuclear technologies continues, it is becoming clear that the…
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President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the country will witness a serious gas crisis soon which is resulting in sleepless nights for investors. The successive governments have not done enough to balance supply and demand for gas over the last decade which has make crisis…
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Karachi’s largest electric utility provider K-Electric has said that it experienced an attempted cyber-incident earlier this week. The power company in a statement said all critical customer services including bill payment solutions and 118 call-centre are operational and fully functional, to ensure the integrity of our systems, as a precautionary measure, we have isolated few non-critical services. As such customers…
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ISLAMABAD: The International Monetary Fund (IMF) has again turned up the pressure on Pakistan, asking it to increase power and gas tariffs for the revival of the stalled $6 billion programme. The global lender has contacted Pakistani authorities to convey its demands, sources said on Thursday. The sources added that the IMF had called for measures to reduce circular debt…
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ISLAMABAD: The Power Division is seeking exemption from guaranteed liquefied natural gas (LNG) offtake for three power plants, a move that may aggravate woes of LNG suppliers and hurt gas imports from Qatar. Since Pakistan started importing LNG from Qatar in 2015, the Pakistan Muslim League-Nawaz (PML-N) has been facing criticism from different quarters for striking a long-term LNG deal at…
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