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Day: September 4, 2021

AEDB Issues Simplified Certification Regulations For Installers Of Solar, Wind Projects

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In line with the vision of present government’s policy of “Ease of Doing business” and for promotion of clean and green energy, Alternative Energy Development board (AEDB) has issued simplified Certification Regulations for installers of solar and wind Projects in the country. AEDB Board has enacted new Alternative Energy Development Board (Certification) Regulations, 2021, effective from August 30, 2021, said…

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Artificial Intelligence A Critical Enabler Of Energy Transition, Study Finds

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The World Economic Forum has published a new study on how artificial intelligence (AI) can be used to accelerate a more equitable energy transition and build trust for the technology throughout the industry. As the impacts of climate change become more visible worldwide, governments and industry face the urgent challenge of transitioning to a low-carbon global energy system. Digital technologies – particularly AI – are key enablers…

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Govt mulls power tariff concessions for non industrial consumers

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The government is mulling extending concessional power tariff to domestic and commercial consumers in off-peak months, which will help cut gas demand and ease burden on national exchequer, officials said on Friday. The industrial sector is already enjoying this facility since November 2020. Hammad Azhar, Federal Minister for Energy (Power Division) in a tweet said: “Min(istry) of Energy is moving…

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HSFO time spread, cash diff firm

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Asia’s 180-cst high-sulphur fuel oil (HSFO) market firmed on Friday amid sustained strong utility demand for cargoes of the fuel. Despite absent trade activity, the cash differential for 180-cst HSFO climbed to a four session high of $12.12 a tonne to Singapore quotes, while the prompt-month time spread rose to a more than 1-1/2 year high of $14.75 a tonne.…

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Gas shortage after Sept 11-12 imminent

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In a major development, the Board of Directors (BoDs) of Sui Southern Gas Company (SSGC) here on Friday night unanimously rejected the retention of FSRU Sequoia having re-gasification capacity of 780mmcfd, refusing to give a two-year waiver on buyout rights on its old FSRU (Floating Storage Regasification Unit) Exquisite as was demanded by Engro Elengy Terminal Private Limited (EETPL) a…

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‘Fly Jinnah’: Pakistan’s Lakson Group, Air Arabia to start new low-cost airline

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Pakistan’s Lakson Group and Middle Eastern budget carrier Air Arabia said on Friday they would launch a low-cost airline serving domestic and international routes from Pakistan. The new carrier, Fly Jinnah, will operate as a joint venture between the pair, they said in a statement, adopting the low-cost model operated by Air Arabia. The statement said the new airline would…

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Regulations for installers of solar, wind power projects simplified

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The Alternate Energy Development Board (AEDB) has simplified certification regulations for installers of solar and wind projects in the country to facilitate promotion and expansion of renewable energy sources. The board of directors of AEDB has now enacted new Alternative Energy Development Board (Certification) Regulations, 2021, effective from Aug 30, 2021, as part of “Ease of Doing Business” and for…

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