The FFBL Power Co. Ltd. (FPCL) signed a Memorandum of Understanding with Sindh Engro Coal Mining Company (SECMC) for the use of Thar coal in the company’s power plant in Karachi. According to Gwadar Pro, it was stated by the two companies in separate statements. In Karachi, FPCL operates a 118-megawatt coal-fired power plant next to the Fauji Fertilizer Bin…
Read MoreMonth: November 2022
Sindh govt to kick off affordable, environment-friendly electric taxi service
Sindh Minister for Information, Transport and Mass Transit Sharjeel Inam Memon has announced that a modern, affordable and environment-friendly electric taxi service would soon be launched from Karachi, which would be extended to other major cities of the province. The minister made this announcement while talking to the media persons after inspecting under construction Bus Rapid Transport Red Line project…
Read MoreEco-degradation endangering biodiversity, food security
Ecosystem degradation through the depletion of natural resources like water, air, soil and habitat is bringing about destructive effects on the environment endangering biodiversity, wildlife and food security. With the rising population and availability of meager resources to excel in this domain, the environmental issues continued to aggravate over the years. Massive tree cutting resulting in floods, using agricultural land…
Read MoreEurope’s Wind Energy Industry Has Hit A Rough Patch
Why isn’t wind power going gangbusters? In Europe, the energy crisis is causing solar power growth to break record after record. In the United States, the Inflation Reduction Act has provided major incentives to the renewable energy sector. For the last two weeks, the world’s preeminent energy and environmental experts have reemphasized the extreme urgency of decarbonization at COP27. And…
Read MoreWill The World See A U-turn In Nuclear Energy?
As seen in data by the World Nuclear Industry Status Report, most nuclear energy programs were started in the 1970s, a fact that reflects in the age of nuclear reactors today. Despite some nuclear programs having ended (and many more scheduled for phase-out), the number of nuclear programs in the world has plateaued for many decades as some nations still…
Read MoreLack of planning harms LNG supply chain
Deficiencies in the legal structure and infrastructure and lack of strategic planning have marred the liquefied natural gas (LNG) supply chain in Pakistan. Analysing the LNG framework and its supply chain, auditors have pointed out several deficiencies like lack of a proper structural and legal framework and proper planning, which harm LNG business. They said that it resulted in a…
Read MoreEnergy conservation: stern measures on the cards
The Government is likely to impose excise duties on inefficient fans and bulbs, fix timings for shops, and marriage halls, encourage E-bikes, adding conical baffles in gas geysers and encourage carpooling as measures to conserve energy. The decision was taken at a meeting of a Committee headed by the Minister of Defence, Khawaja Asif which was attended by Minister for…
Read MoreDar’s directive for reviving Reko Diq before Dec 15
Finance Minister Ishaq Dar on Saturday directed all relevant departments for early completion of the remaining steps to ensure the revival of the multi-billion-dollar Reko Diq project before the Dec 15 deadline. The apex committee on the Reko Diq project chaired by Finance Minister Ishaq Dar reviewed the progress on the implementation of agreed steps so far for the completion…
Read MoreGovt plans to deregulate POL products’ market by 2027
The government has planned to fully deregulate its petroleum products market by 2027 after the country’s oil refineries make necessary technical upgradation in 2026, according to the draft of the upcoming Pakistan Oil Refining Policy. The Oil and Gas Regulatory Authority (Ogra) is in the process of consultation with oil marketing companies and refineries. Petroleum product rates are currently determined…
Read MoreIshaq Dar says Pakistani delegation to leave for Russia for potential oil deal
Federal Minister for Finance and Revenue Ishaq Dar said that a delegation from Pakistan, led by Minister of State for Petroleum Musadik Malik, will leave for Russia on November 28 (Monday) to negotiate a potential oil deal with Moscow. “The government has authorised the Ministry of Petroleum, and on Monday, our team will leave for Russia for negotiations,” said Dar…
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