As part of the power sector master plans, Bangladesh started cross-border energy trade with neighbouring India in 2013 with only 500 megawatts of electricity import. Over the years, electricity import from India has climbed up to 1,160MW which is around 10% of Bangladesh’s total power consumption. Every year, Bangladesh pays around Tk5,000 crore to India for importing electricity through cross-border…
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In a free market, the saying goes, high prices cure high prices. If some good or service costs a lot, people will see an opportunity to make money producing more of it, thus driving down the price. Reality is messier. Oil prices have now risen to $104 a barrel. But investments in producing more, as measured by the number of…
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A spokesperson for Nepra has brushed aside accusations against Chairman Nepra, Tauseef H Farooqi with regard to his appointment and other issues. According to spokesperson, in the recent past news were published in media wherein about numerous litigations against the Chairman NEPRA before different forums, clarifying that all those cases were frivolous and filed by habitual litigants for ulterior motives…
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The logical conclusion of cases and references especially those where high profile personalities are involved remains a far cry. The reference in question that was filed against former prime minister Syed Yusaf Raza Gilani, incumbent National Assembly Speaker Raja Pervaiz Ashraf and others related to the ‘illegal’ appointment of Tauqeer Sadiq as chairman of the Oil and Gas Regulatory Authority…
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Ministry of Energy, Punjab has sought Power Division’s help for signing of Energy Purchase Agreements (EPAs) with four small hydropower projects established at different locations. Secretary Energy, Punjab, Amir Jan has written a letter to Secretary Power Division, saying the letter is in continuation of previous correspondence made on finalization and signing of EPA for hydropower projects being developed on…
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Meanwhile, many European countries have now considered shifting back to coal utilization as it is still considered one of the cheapest sources of energy production as the region also faces a ban on fuel and gas from the current Russian-Ukraine crisis. Similarly, Italy has also decided to reopen its coal-fired power plants to curb the energy gap due to the…
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Prime Minister Mian Shahbaz Sharif has expressed anger over the increase in load shedding in the country and ordered a significant reduction in load shedding by May. The sacrifices of the people of tribal districts will always be remembered in history: PMPML-N Central President and Prime Minister Shahbaz Sharif has issued strict instructions to take steps on emergency basis to…
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Power sector experts have emphasised upon Pakistan to push harder for utilisation of lignite – an economical alternative to imported furnace oil and RLNG (re-gasified liquefied natural gas) – as it is crucial for the country’s ambition to achieve higher economic growth through industrialisation. Besides industrialisation, provision of electricity to domestic consumers by using local coal reserves could serve the…
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Consumers will soon be able to check where their energy is coming from hourly, and get a discount on bills if they use electricity when renewables are in surplus. Under plans by the startup Granular and energy giants including Elexon and National Grid, energy companies will allow UK consumers to track their power source. This could help the country reduce…
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Energy is crucial for socio-economic development, new dams and fully exploitation of renewable energy is the need of the hour to cope with ever increasing energy gap between supply and demand. The consensus was reached at the end of round table conference on “Energy Needs of Pakistan” held here Thursday organised by a steel group of companies. Chairing the conference,…
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