The irrigation department and Wapda on Monday signed a Memorandum of Understanding for rehabilitation and solarisation of water supply schemes. Under the agreement, the existing water supply schemes would be upgraded and solarised in different union councils of the provincial capital with the support of the European Union’s Grant Community Development Project. The issue of power supply to these schemes…
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Members of National Assembly across the political divide expressed their anger at the prolonged unscheduled load shedding, exorbitant electricity bills, corruption, mismanagement and non-availability of required material on Monday. Presided over by Chaudhry Salik Hussain, the committee spent most of its time on the complaints of its members and half a dozen special invitee National Assembly members. The Members from…
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Faisalabad Economic and Industrial Zone has been provided electricity and gas supply. In this regard, a 132-KV grid station and a gas supply line at CPEC’s Allama Iqbal Industrial City have been inaugurated by Federal Minister of Energy Hammad Azhar. On the occasion, Federal Minister for Energy Hammad Azhar said that the current government is trying to solve the problems…
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Several countries have announced their plans to make their transport sectors fully electric in a bid to reduce CO2 emissions. The Government of Pakistan has also joined the mission, offering various incentives to the electric vehicles (EVs) segment for its normalization in the country. However, the policy has been spurned by several industry experts, including the CEO of Lucky Motor…
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K-Electric is currently facing an acute shortage of gas supply and receiving only 35mmcfd gas. KE Spokesperson on the matter has stated, “while the utility continues to provide uninterrupted power supply to the city by generating electricity through alternate fuels under Economic Merit Order (EMO), this chronic gas shortage is hampering the company’s ability to produce cheaper electricity that may…
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The government has launched an ambitious plan for transformation of the agriculture sector. It has embarked upon a short-term plan for the growth of agriculture sector, whereas long-term perspective plan is underway. Several measures have been adapted in this context. The State Bank of Pakistan has set the agriculture credit target of Rs1.7 trillion for the year 2022-23. Farm modernisation…
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The Khan administration has tabled two controversial bills in the two houses of parliament – 343 billion rupees money bill though its passage was required by a majority only in the lower house and the State Bank of Pakistan (SBP) amendment bill that envisages its autonomy – prior conditions imposed by the International Monetary Fund (IMF) and agreed on 24…
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Indonesia, the world’s biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low coal supplies at domestic power plants. Indonesia, the world’s biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low…
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Total of 34.8 billion cubic meters (bcm) of gas was transported to Turkey and Europe in two years via the TurkStream pipeline. The pipeline was inaugurated on Jan. 8, 2020, by President Recep Tayyip Erdoğan and his Russian counterpart Vladimir Putin. Around 18 bcm of gas flowed to Turkey and 16.8 bcm to Europe via the TurkStream Natural Gas Pipeline,…
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Two hydropower projects of cumulative capacity of 1824.7MW being established in Azad Jammu and Kashmir (AJ&K) have raised serious concerns on proposed withdrawal of tax exemptions including imposition of 17 percent GST on import equipment and machinery. Li Xiaotao, Chief Executive Officer, Azad Pattan Hydropower Project and Zhang Jun CEO/Team Leader Kohala Hydropower Project have written letters to Special Assistant…
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