Global Temperature Change

Just look at what almost one degree Celsius of warming has done: more extreme heat and wildfires, bigger storms and droughts, hotter and higher seas, warmer summers and winters. Many animals and plants are shifting to new areas, seeking familiar ecosystems elsewhere. Industries and economies are either facing or preparing for impacts. This number matters because every small fraction of…

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5th Int’l Wind Energy Summit 2022

Global body urges Pakistan to exempt energy sector SMEs from competitive bidding system to ensure their survivalKarachiThe World Wind Energy Association (WWEA) has urged Pakistan’s government to preferably exempt the small and medium-sized power companies from the competitive bidding system soon to be introduced in the country for new renewable energy projects.The WWEA put forward this suggestion as its Secretary-General,…

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“2nd Int’l Solar Clean Energy Pakistan 2022 Conference and Expo

The Alternative Energy Development Board (AEDB) has aimed to commence from April 2022 the process of competitive bidding for launching new solar and wind power projects to increase the share of clean electricity in the national energy mix to 61 per cent as per the Indicative Generation Capacity Expansion Plan (IGCEP) 2021-2030.This was stated by Chief Executive Officer of AEDB,…

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Pakistan Barrick and Balochistan Agree in Principle to Restart Reko Diq Project

Pakistan, Barrick gold and the, and Govt of Balochistan have reached agreement on a framework that provides for the reconstitution of the Reko Diq project in the country’s Balochistan province. The project, which was suspended in 2011 due to a dispute over the legality of its licensing process, hosts one of the world’s largest undeveloped open pit copper-gold porphyry deposits.The…

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PM’s help being sought for recovery: Govts owe Rs111bn to Power Division

A cash-strapped Power Division has reportedly decided to seek Prime Minister’s help to recover arrears of Rs 111 billion from Federal and Provincial Governments, well informed sources told Business Recorder. The sources said that regarding Rs 20.364 billion arrears of the federal government, Defence Ministry is on top of the list of defaulting federal ministries with arrears of Rs 11.5 billion,…

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LCCI for up-gradation of power transmission and distribution system

powertariffs

The Lahore Chamber of Commerce & Industry has called for an up-to-date power transmission and distribution system to avoid whopping shut-downs in hot summer season. In a statement, the LCCI President Mian Nauman Kabir said that country has witnessed huge power supply suspensions in past that pushed the country into darkness. He said that various small and large scale power…

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