Having been the apex body of cement makers for the last 12 years, the All Pakistan Cement Manufacturers’ Association (APCMA) knew well that when the regulator comes calling, it is rarely to convey good news. Last week, the Competition Commission of Pakistan (CCP) conducted a search at the headquarters of APCMA in Lahore purportedly to gather evidence of possible communication,…
Read More
The Ambassador of the Islamic Republic of Iran to Pakistan said getting Iran’s Chabahar and Pakistan’s Gwadar ports linked will strengthen bilateral trade and bring prosperity to the region. Ambassador Seyed Mohammad Ali Hosseini during an interview with Pakistani newspaper ‘Business Recorder’ said Gwadar and Chabahar are two important ports, adding that if they become more active, the two ports…
Read More
In the 1990s Pakistan started off on an ambitious multi-step power sector reforms programme. It was a long and drawn-out process that began with the induction of independent power producers followed by the unbundling of WAPDA and creation of the National Power and Regulatory Authority (NEPRA). It was supposed to have culminated in the privatization of all major DISCOs. However,…
Read More
ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 3rd Oct, 2020 ) :Mines and Minerals sector has the potential to spur economic growth and job creation in Balochistan and the government had established state-run minerals companies, said a senior officer of the Mines and Minerals Department on Saturday. To general revenue from the mining sector, the government had formed the Balochistan Minerals Exploration Company (BMEC) and Balochistan Minerals Resource Company Limited (BMRL) to take mining lease in…
Read More
ISLAMABAD: Economic Affairs Minister Makhdoom Khusro Bakhtyar informed the World Bank (WB) on Saturday that the Pakistan government would be able to complete three different development policy credits in due time, if they approve economic reforms proposed by the World Bank and Asian Development Bank (ADB) intended to simplify the execution of development projects. The minister gave this briefing during a…
Read More
In 2015, India and Pakistan experienced heatwave conditions that ended up killing over 3,600 people in just three months. Now, research suggests this could become the new normal. If average world temperatures increase by between 1.5ºC and 2°C, potentially deadly heatwaves are likely to substantially increase (pdf) in frequency, and those similar to the one in 2015 could become an…
Read More
HUBCO is the only power producer in Pakistan with four projects listed in the CPEC, namely imported coal-based China Power Hub Generation Company (Private) Limited (CPHGC) at Hub, Thar Energy Limited (TEL) and ThalNova Power Thar (Pvt.) Ltd. and Sindh Engro Coal Mining Company (SECMC) at Thar Coal Block II. Pakistan’s largest Independent Power Producer (IPP), Hub Power Company Limited…
Read More
New research published this week by the US Department of Energy’s National Renewable Energy Laboratory (NREL) has highlighted the “untapped potential” of combining floating solar PV projects and hydropower plants. According to the NREL’s research, hybrid systems combining floating solar panels and hydropower plants may hold the “technical potential” to produce a “significant portion” of the necessary electricity generated across…
Read More
Europe must not repeat the same mistakes it made with solar manufacturing in the emerging hydrogen sector, the executive director of the International Energy Agency (IEA) has warned. A string of European research institutes and pioneering companies developed much of the technology still in use in PV panels today. But as solar began to scale in multiple international markets, coordinated…
Read More
Green hydrogen” made with wind and solar electricity could become the cheapest form of what the Australian government has described as a “transformative fuel” much faster than expected, analysts believe. Chinese manufacturers have reported making systems to create hydrogen with renewable energy for up to 80% less than official Australian estimates from just two years ago. Energy analysts said it…
Read More
