Water Resources Federal Minister Moonis Elahi visited WAPDA House, therein he was briefed about the development portfolio of WAPDA and the progress achieved so far on water and hydropower projects. Speaking on the occasion, the Federal Minister said that harnessing the water resources is a key to national development. That is why, the Federal Government is constructing water and hydropower…
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Cooperation between Pakistan and Germany has grown considerably in the energy sector, said Federal Minister for Energy Muhammad Hammad Azhar. Talking to German Ambassador Bernhard Schlangheck, the minister appreciated the recent signing of implementation agreement for GIZ Pakistan’s Renewable Energy and Energy Efficiency-II (REEE-II) project worth €8.1 million. “The new Renewable Energy Policy approved by the Council of Common Interests…
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Yesterday Pakistan entered into a 664 Million US$ defence deal with Argentina (Sold 12 JF 17 Block 111) which UK told Pakistan not to do as both UK and Argentina fought for the Faukland Island in the past and according to UK, Argentina doesn’t have any other enemy to use these jets except The UK. The deal was approved today…
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With a summary for increase in price of natural gas by up to 35 per cent on the table, the Cabinet Committee on Energy (CCoE) on Friday approved a flat tariff of Rs12.96 per unit for electricity consumers across the country on additional consumption for four winter months in an effort to promote use of electrical appliances for heating room…
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The Cabinet Committee on Energy (CCOE) has turned down a proposal for a massive increase in gas tariff of up to 36%, fearing political backlash.The Petroleum Division submitted a summary for revision in gas slab tariffs for domestic consumers covering winter months from November 2021 to February 2022.Sources said that CCOE observed that there would be political consideration of the…
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The power sector will continue to be the main driver of natural gas demand in the Middle East for years to come despite global plans to use more renewables and hydrogen as part of the energy transition to reduce carbon emissions. Power generation will remain about 40% of the region’s gas demand this year into 2040, according to S&P Global…
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After disruption in gas supply for around three days, gas supply to the general industry and its captive power (non-export), compressed natural gas (CNG) and cement sectors has been restored after the completion of dry docking and Floating Storage and Regasification Unit (FSRU) at the Karachi Port. Dry docking completed and original FSRU restored. This time ahead of schedule also. Just…
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The government is all set to fully implement the first ever National Cyber Security Policy 2021 by end of June 2022 to monitor, detect, protect and respond on time to the international threats against the country’s digital ecosystem. The policy would enable the country protecting against cyber attacks like the one the Federal Board of Revenue (FBR) faced very recently.…
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The Senate Standing Committee on Planning, Development and Special Initiatives on Thursday directed the China Pakistan Economic Corridor (CPEC) Authority to complete the under implementation projects on fast-track basis by regaining the confidence of the Chinese companies. “According to my sources, the Chinese are not happy with the current progress of CPEC projects as they have approached me to help…
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A Senate standing committee has asked the government to implement the China-Pakistan Economic Corridor (CPEC) projects on a fast-track basis, adding that Beijing is “not happy with the current progress,” stated a report The Senate Standing Committee on Planning, Development, and Special Initiatives held a meeting in which the committee’s chairman, Saleem Mandviwalla, said that the Chinese had approached him…
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