GE on Monday announced the brand names of the future companies it will create through its planned separation into three industry-leading, global, investment-grade public companies focused on the growth sectors of healthcare, energy, and aviation. GE HealthCare will be the name of GE’s healthcare business. GE’s existing energy portfolio of businesses, including Renewable Energy, Power, Digital, and Energy Financial Services,…
Read MoreDay: July 19, 2022
RLNG-Fired Project
M/s China Machinery Engineering Corporation (CMEC), which established 1,263 MW RLNG-fired project at Jhang, has sought help from Prime Minister Shehbaz Sharif to resolve its issues and raise more funds from China. CMEC President Fang Yanshui, in a letter to Prime Minister has shared major concerns of the project, expecting a consistent support for the project. He said on July…
Read MoreNeelum-Jhelum plant shut down for six months
Neelum-Jhelum hydro-power plant, which is non-operational since July 06, will take six months to restore power supply in the national grid. The 969 MW project malfunctioned due to blockage in its tail race tunnel. Apparently, it is the geological failure in the tunnel, but the real cause will be traced once the dewatering process is completed, said the top officials…
Read MoreNEPRA allows KE to remove power subsidies for protected consumers exporters
“As per SRO 1004 dated July 7, 2022, the tariff rates and slab structure for tariff of unprotected non-ToU residential consumers (ie consumers with sanctioned load below 5kW) has changed,” it said. “Protected” consumers, as per tariff terms proposed by the government under its power subsidy rationalisation plan and by NEPRA as those non-ToU residential consumers with monthly electricity usage…
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July 2022
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