Ex-SAPM on Power and Petroleum Tabish Gauhar finally spoke his mind on Saturday, after lapse of 12 days since his resignation on September 21 while tweeting his 2,523 worded account of what he observed and learnt being part of the government for one year. He touched upon the vital issues including the structural reforms in energy sector, fear of NAB…
Read MoreYear: 2021
Will it impact China investment in Bangladesh’s power sector?
Chinese President Xi Jinping, in his official statement at the General Debate of the 76th Session of the United Nations General Assembly on September 21, announced that China would step up support for other developing countries in generating green and low-carbon energy and would not build new coal-fired power projects abroad. Such a statement from the top leadership of China…
Read MoreDistributed generation continues on a steep growth trajectory
The National Electric Power Regulatory Authority (Nepra) has issued a total of 8,417 net-metering licences with the accumulated capacity of 146MW during FY21. The growth of distributed generation in Pakistan reveals a very steep positive trend line; from 1MW in 2016 to 3MW in 2017, 10MW in 2018 and then a sudden big jump in 2019 with the addition of…
Read MoreLCCI urges SBP to help arrest ‘dollar flight’
The Lahore Chamber of Commerce & Industry on Saturday urged the State Bank of Pakistan to make appropriate market interventions to stop the dollar flight as it is adversely impacting a number of important sectors of our economy. In a statement, President of the Lahore Chamber of Commerce & Industry Mian Nauman Kabir, Senior Vice President Mian Rehman Aziz Chan…
Read MoreBritish High Commissioner launches ‘Race to Zero’ bid in Pakistan ahead of COP 26 Climate Change Conference
British High Commissioner Dr Christian Turner has been visiting Karachi to launch the race to get 26 companies operating in Pakistan to commit to net zero emissions by 2050. So far 12 companies in Pakistan are committed – including one after meeting the High Commissioner on his visit. With one month to go until the COP 26 global climate change…
Read MoreThe Coward Capital
Capital is inherently craven and it’s cowardice is evident from the fact that it is only drawn to places where there is the clarity of law, where the society and the rulers rest on a body of law, where there is accountability on behalf of the government. Capital in this globalised world…will go to where it is going to be…
Read MoreCNG price shoots to Rs184 in Sindh, Rs123 in Punjab
The price of compressed natural gas (CNG) jumped on Saturday to Rs184 per kilogram in Sindh and Rs123 per litre in Punjab — an increase of Rs15 per kg and Rs8 per litre, respectively. The new rates notified by the CNG association came into effect on Saturday. “The government procured liquefied natural gas (LNG) from the international market at very…
Read MoreTotal, Air Liquide Invest in $1.7 Billion Green Hydrogen Fund
TotalEnergies SE, Air Liquide SA and Vinci SA pledged to contribute 100 million euros ($116 million) each to a fund created by Ardian SAS and FiveT Hydrogen that aims to invest 1.5 billion euros in clean hydrogen infrastructure. The commitments are the latest sign of the growing interest in the carbon-free fuel. Nations have pledged tens of billions of dollars…
Read MoreSeptember 2021
September 2021
Read MoreExclusive survey: China’s financing and CPEC in Pakistan
The secrecy surrounding CPEC has finally been broken by a team of researchers in the US who have laid bare a massive dataset of over 13,000 projects across 165 countries worth a staggering $843 billion. For ten years the team tracked China’s overseas deals in the Belt and Road Initiative. Pakistanis can now, thus, get a sense of the full…
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