The Pakistan Solar Association (PSA) has clarified that no order has been issued by the Director-General of Trade Organisations (DGTO) or any other authority to suspend its activities or cease its operations.PSA Chairman, Amir Chaudhry, in a statement issued in response to certain news reports taking rounds on the reported revocation of the association’s license, clarified that the directives in…
Read MoreDay: March 18, 2024
PPIB Seeks Update from KE on 330MW Mine-Mouth Project at Thar Coal Fields
The Private Power & Infrastructure Board (PPIB) has reached out to K-Electric (KE) for an update on the procurement process for the development of a 330MW Mine-Mouth coal-fired project at Thar Coal fields. KE was requested to initiate and complete grid interconnection and load flow studies within four weeks, but no progress has been shared with PPIB yet. KE proposed…
Read MorePM Directs Signing Ceremony for Refinery Upgrade Agreements
Prime Minister Shehbaz Sharif has instructed the Petroleum Division to organize a signing ceremony for refinery upgrade agreements under the Brownfield Refinery Policy, with his presence. This decision came during a recent energy sector meeting chaired by the Prime Minister. The Petroleum Division has initiated discussions with refineries for the ceremony. The amended oil refining policy, approved by the Cabinet…
Read MoreIran Inks Billions in Contracts to Boost Oil Production Amid Sanctions
Iran has recently finalized contracts worth billions of dollars with domestic companies to enhance its oil production despite Western sanctions. The deals, considered Iran’s “biggest oil contracts in the past decade,” aim to increase daily oil output by 350,000 barrels per day, according to Shana, the official oil industry news agency. In a ceremony broadcasted on state TV, Iran’s oil…
Read MoreEU and Egypt Agree on 7.4 Billion Euro Deal Focused on Energy and Migration
A high-level delegation from the European Union (EU), led by European Commission President Ursula von der Leyen and joined by leaders from Austria, Belgium, Cyprus, Greece, and Italy, visited Egypt to announce a significant financial package totaling 7.4 billion euros. The deal, aimed at enhancing energy trade and addressing irregular migration flows to the EU, includes various components such as…
Read More