ISLAMABAD: The Asian Development Bank (ADB) on Tuesday announced that it had approved a $180 million loan to improve water supply and solid waste management services in Punjab’s two rapidly growing cities — Rawalpindi and Bahawalpur. In a statement, the Manila-based lending agency said the loan was expected to benefit about 1.5 million people through the Developing Resilient Environments and…
Read MoreMonth: November 2023
NEPRA hears petition for grant of distribution, supplier license to K-Electric for 20 years
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has heard K-Electric’s petition for the grant of a non-exclusive distribution license and supplier license for the next 20 years to its service territory including Karachi, Dhabeji, and Gharo in Sindh and Balochistan’s Hub, Bela and Vinder regions.The hearing was attended by various stakeholders including Karachi’s industries and the general public. KE’s senior…
Read MoreExperts call for tackling water crisis with potential solutions
KARACHI: Experts at the 6th Karachi International Water Conference have called for tackling the water crisis in the country with potential solutions and bringing about a positive change in this regard. This important two-day event not only shed light on critical water issues but also provided a platform for collaborative solutions and a renewed commitment to addressing the water crisis…
Read MoreGCIL to set up coal power plant
KARACHI: Ghani Chemical Industries Limited (GCIL), a manufacturer of medical and industrial gases and chemicals, said on Monday it will set up a $5-5.5 million coal power plant to reduce its electricity costs and gain a competitive edge. The company in a filing to the Pakistan Stock Exchange (PSX) said that it has decided to set up a 7 megawatt…
Read MoreKE licence hearing today
NEPRA frames questions based on comments from industrialists, other stakeholders ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is set to conduct a public hearing on Tuesday to consider a request for the renewal of K-Electric’s (KE) electricity distribution and supplier licence. Nepra has framed 17 questions in response to comments from various stakeholders while KE will present its arguments.…
Read MorePakistan, UAE sign ‘historic’ MoUs worth ‘multi-billion dollars’
Pakistan and the United Arab Emirates on Monday signed memorandums of understanding (MoU) pertaining to investment cooperation that will unlock “multi-billion dollars” in funding from the Mideast state. The development came in a meeting between caretaker Prime Minister Anwaarul Haq Kakar and UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi during the former’s week-long trip to the Middle East.…
Read MorePakistan LNG awards tender to OQ Trading
ISLAMABAD: State-run Pakistan LNG Ltd (PLL) on Monday awarded a contract to OQ Trading —an Oman subsidy — to deliver an LNG cargo in the second week of January at a post-bidding negotiated price of $17.95 per million British thermal unit (mmBtu) to minimise peak winter gas shortage. Earlier, the PLL had received four international bids against its urgent tender.…
Read MoreIrfan Mirza elected as new WWEA President
Peter Rae resigns after eight years as President Irfan Mirza elected as new WWEA President Bonn, 27 November 2023 (WWEA) – After heading the World Wind Energy Association for eight years, Peter Rae announced on the occasion of the WWEC2023 in Hobart his resignation as WWEA President. The WWEA Board elected unanimously Dr. Irfan Mirza as new WWEA President. Dr.…
Read More6th Karachi International Water Conference opens Successfully addressing Water Crisis and Climate Discourse
Karachi, November 27, 2023 – 6th Karachi International Water Conference spread over two days, organized by Hisaar Foundation in association and collaboration with Infra Zamin and other partners opened successfully here, earlier today. Attended by a large number of people from different walks of life, it proved to be a significant forum addressing critical issues surrounding water crises and climate…
Read MorePM reaches UAE, to sign MoUs on investment
ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Sunday embarked on a bilateral visit to the United Arab Emirates. During the visit on Nov 26-28, the prime minister will meet the President of the UAE Sheikh Mohamed bin Zayed, the PM Office Media Wing said in a press release. “This engagement will provide an opportunity to advance bilateral ties in all…
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