Sui gas companies have conveyed availability of LNG pipeline capacity to be allocated for transmission and distribution to M/s Energas and M/s Tabeer Energy, sources close to Secretary Petroleum told Business Recorder. On June 7, 2021 OGRA was apprised of pipeline capacity availability for 44 MMCFD in SSGC’s transmission and distribution network available for allocation to Energas while on June…
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PM to visit Suki Kinari hydropower project today
Prime Minister Imran Khan is due in Kaghan valley here today (Monday) to visit the 880MW Suki Kinari hydropower project and address a gathering of notables. Preparations for the visit have already been completed. The prime minister would be accompanied by Chief Minister Mahmood Khan and members of his cabinet from Mansehra during the visit. Official sources told this correspondent…
Read MoreCase for attracting more FDI
Net inflows of foreign direct investment (FDI) into Pakistan averaged about $2.3 billion in the last four years and in the eleven months of the outgoing 2020-21, it slipped below $1.8bn. Even at the $2.3bn level, our yearly FDI inflow is less than half of our monthly merchandise import bill. Clearly, much thicker inflows of FDI are required to help…
Read MoreK-Electric & DHA inaugurate two substations elevations as part of pre-monsoon preparations.
Karachi 28, June 2021: With the monsoon season drawing closer, K-Electric (KE) and the Defence Housing Authority (DHA) jointly inaugurated two newly elevated sub-stations located within DHA’s Phase 4 & 8 locales. The inauguration ceremony for two of the substations was chaired by the DHA Administrator – Brigadier Rai Asim Mustafa. Others in attendance were DHA’s Chief Engineer – Col.…
Read MoreOGRA holds hearing today on SSGC petition for increase in gas prices
Opposing the Sui Southern Gas Company demand for an increase of Rs 153.16 per MMBTU in gas prescribed tariff, All Pakistan Textile Mills Association (APTMA) has requested Ogra to decrease it and fix it at Rs 450/MMBTU for export oriented zero rated industries. Oil and Gas Regulatory Authority will hold public hearing today (Monday) on the SSGC petition for the…
Read MoreTextile exporters plan to shift industries to other countries
Perturbed from gas load-shedding, textile exporters have threatened to move their industries to other countries. In a statement issued on Saturday, Pakistan Apparel Forum (PAF) Chairman Jawed Bilwani said that textile exporters have formed a committee for due diligence to shift industries in the wake of gas crises and unviable business environment. During a meeting of prominent textile exporters of…
Read MoreWorld’s cheapest wafer’ maker plans 2 GW Indian cell and wafer fab
U.S.-based wafer manufacturer 1366 Technologies has confirmed plans for a 2 GW wafer and cell production facility in India. The unit is being planned under the Indian government’s production-linked incentive (PLI) scheme, which aims to drive deployment of every stage of the solar supply chain, from polysilicon to module manufacturing. A spokesperson for the company told pv magazine it is…
Read MoreAmazon hydropower plant contributes significant greenhouse emissions: study
Developers have built hundreds of hydroelectric plants in the Amazon basin to take advantage of the allegedly “green” energy generated by its complex of rivers. But climate researchers now know hydropower is not as good for the environment as once assumed. Though no fossil fuels are burned, the reservoirs release millions of tons of methane and carbon dioxide as vegetation…
Read MoreWorld’s largest power plant under construction starts delivering
The first batch of units of Baihetan Hydropower Station, the world’s largest power plant currently under construction, started generating electricity on June 28, according to its operator China Three Gorges Corporation. Located downstream from the Jinsha River on the border of Yunnan and Sichuan provinces in southwestern parts of China, Baihetan Hydropower Station also has the world’s largest installed capacity…
Read MoreKuwaiti firm ‘EnerTech’ signs $190m pact with Sindh to provide water to Thar coal field
According to details, the project will guarantee the supply of industrial water for the coal-based power sector and is extremely significant for the development of power infrastructure project. The signing ceremony was attended by Council General of Kuwait Salim Yusif Al-Hamdan, CEO EnerTech water Yasser Malik, COO Usman Ahsan, MD Pak-Kuwait Investment Company. Minister Energy Imtiaz Shaikh, Minister Irrigation Sohail Anwar…
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