ISLAMABAD: Three key water sector development projects under the Prime Minister’s National Agriculture Emergency Programme and designed to increase crop yields leading to gaining self-sufficiency in food suffer a major setback as funding for these projects has been delayed. The national food security and research ministry — which sponsored these projects costing Rs194 billion and launched in 2019-2020 and due…
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KARACHI: Massive gas tariff hike in addition to rising power rates would cause a steep rise in production cost resulting in the closure of small- and medium-sized units, making exports uncompetitive and rendering thousands of employees jobless. Just a day ahead of the Federal Cabinet meeting last Monday, Caretaker Minister for Energy, Power and Petroleum Muhammad Ali had assured the members of the Karachi…
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ISLAMABAD: The Executive Committee (EC) of the Special Investment Facilitation Council (SIFC) has directed the Power Division that all hydel projects at the LoI stage from various provinces including Kalam Asrit 238 MW, Asrit Kedam 229 MW and 470 MW Lower Spatgah, be reviewed to streamline their issues and policy parameters in the working group. Well-informed sources told Business Recorder…
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Solar energy costs have fallen 90 per cent over the last decade, while new discoveries have seen efficiency rates rise More than 30 million homes in Europe could meet all their energy needs using rooftop solar panels alone, according to a new study. Researchers from the Karlsruhe Institute of Technology in Germany found that more than 50 per cent of Europe’s 41…
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