Last week I read a press release that piqued my interest. Vancouver-based Lithium Americas Corp. announced that they had received an environmental impact statement (EIS) from the U.S. government for a proposed lithium mining project in Nevada. The EIS is required for certain projects that have the potential to significantly impact the environment. It is an important milestone in getting…
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akistan’s contribution was one of the few bright spots at the recently concluded virtual Climate Ambition Summit. Prime Minister Imran Khan announced that two major coal projects would be scrapped and declared the country will have no more “power based on coal” but instead build more hydropower. However, it became quickly apparent that Khan’s statement will not affect over 7,000 MW…
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ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is expected to decide on Thursday (tomorrow) the shelving of Liquefied Petroleum Gas (LPG) air mix projects by the Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC). Following to ECC’s decision on 26th March 2020 to shelve the installation of all LPG air mix plants on which…
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While sufficient power generation capacity is necessary to meet the load requirements for commercial and domestic use, Pakistan’s power sector is constantly challenged by high electricity generation costs and inefficiencies in transmission and distribution. A new study by the Energy Policy Institute at the University of Chicago (EPIC) suggests that unpaid electric utilities in many developing countries including Pakistan have…
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PESHAWAR: The governments of Khyber Pakhtunkhwa, Sindh and Balochistan have termed the annual report of National Electric Power Regulatory Authority (NEPRA) “contradictory to ground realities”, it was learnt on Wednesday. The provinces argued that the authority’s figures regarding supply and demand of electricity are “not based on facts”, and that the duration of load shedding in Sindh and Balochistan is much…
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KARACHI: The Federal Board of Revenue (FBR) has allowed concessionary tax rates on supply of electricity and gas to the manufacturers that are on the current active taxpayers list (ATL). In an office order, the FBR said the concessionary tax rate on supply of electricity and gas will be available to 4,084 taxpayers who were availing facility of zero-rating of…
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ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 23rd Dec, 2020 ) :The oil and gas Exploration & Production (E&P) companies have planned to inject around 150 Million Cubic Feet per Day (MMCFD) additional gas in the transmission network in the coming days from their different fields to meet the increased demand of the commodity during current winter. “Additional…
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Islamabad – Tarbela 4th Extension Hydropower Project (1410 MW), completed in 2018 by the PML (N) government, has earned the World Bank admiration for the successful implementation and effective operation. According to the World Bank Tarbela 4th completion in less than budget, estimates is very rare worldwide and in the past two years, the benefits from the project are twice…
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ISLAMABAD: The Water and Power Development Authority (Wapda) is set to raise $500 million international commercial loans through Eurobonds to meet foreign financing needs of Diamer-Bhasha and Mohamand dams. The Economic Coordination Committee (ECC) of the cabinet, which meets later this week, is expected to formally approve the launch of the Wapda bonds abroad besides taking a decision on the…
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ISLAMABAD: The power regulator said on Tuesday that the Competitive Trading Bilateral Contract Market (CTBCM) would be a game changer for the power industry of Pakistan. During a webinar on CTBCM, a large number of renowned national and international experts and stakeholders of the electric power sector shared their views on the subject. Shedding light on the CTBCM model, Nepra…
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