The Countries Set To Win Big On The Lithium Boom

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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Scrapping imported coal projects, Pakistan fails to let go of local lignite

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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ECC to decide shelving of LPG air mix projects by Sui companies tomorrow

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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Unpaid Electric Bills Undermine Efforts to Improve Access and Reliability: EPIC Chicago

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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Provinces term NEPRA’s annual report ‘contradictory to ground realities’

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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Tarbela 4th Extension Hydropower Project earns WB admiration

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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Wapda to raise $500m loans for dams

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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