KARACHI (March 20): Sindh Chief Minister Syed Murad Ali Shah approved the signing of an agreement of Rs5.5 billion between the Sindh Police Department and NRTC to launch the first phase of the Smart Safe City project in the red zone. The approval of the agreement was made in a meeting held at CM House and was attended by Home…
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National Energy Efficiency and Conservation Authority (NEECA) Implements New Building Code for Energy Conservation NEECA, under the Ministry of Energy (MoE) – Power Division, has introduced the Energy Conservation Building Code, 2023 (ECBC-2023) to be enforced nationwide. This code, developed with technical support from international and national organizations, aligns with recommendations from the National Energy Efficiency and Conservation Policy-2023 and…
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Prime Minister Initiates Third-Party Analysis of Sui Gas Companies’ Revenue Needs In a recent development, Prime Minister Shehbaz Sharif has instructed a third-party forensic analysis of the revenue requirements for Sui gas companies, as determined by the Oil and Gas Regulatory Authority (Ogra). This directive came during a presentation on the petroleum sector, highlighting the government’s commitment to ensuring transparency…
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Karachi’s Industrial Sector Calls for Energy Cost Reductions and Policy Reforms Amid concerns over the International Monetary Fund’s (IMF) Staff-Level Agreement (SLA) and its impact on energy policies, Karachi’s industrialists are urging the newly-elected government to take decisive action to reduce energy costs and implement comprehensive economic reforms. The industrial sector faces potential shutdowns if critical infrastructure deficiencies are not…
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Pakistan Advocates for Concessional Climate Financing at UN Session During a United Nations meeting focused on sustainable energy goals, Pakistan emphasized the urgent need for concessional climate financing to aid developing countries in transitioning away from fossil fuels. Ambassador Munir Akram highlighted that without such financing, achieving set targets would be challenging for developing nations. In his remarks at the…
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Ogra Raises RLNG Prices Due to Higher International Rates The Oil and Gas Regulatory Authority (Ogra) has announced an increase in the sale price of Regasified Liquified Natural Gas (RLNG) for Sui gas companies SSGCL and SNGPL, citing higher international prices. This hike comes after two consecutive monthly price cuts of 9% in February and 8% in January. For March,…
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In an innovative endeavor to reshape the energy sector, Solis, the world’s third-largest PV inverter manufacturer, has entered into a pioneering partnership with AE Power, showcasing a significant inverter distribution agreement that promises to invigorate the shift towards renewable energy in Pakistan. Valued at an impressive 300MW and spanning from 2024 to 2025, this alliance marks a key milestone in…
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