Dar calls for support from global financial institutions in developing initiative BRUSSELS: Minister for Foreign Affairs Ishaq Dar, on Friday, called for “aggressive” financing by International Financial Institutions and multilateral development organisations for developing countries to help them launch nuclear energy projects. Speaking in a video message after attending the First Nuclear Energy Summit hosted by the Belgian government and…
Read MoreMonth: March 2024
Chinese investment: cabinet panel notified
ISLAMABAD: Prime Minister Shehbaz Sharif has constituted the Cabinet Committee on Chinese Investment Projects (CCoCIP).According to a notification issued by the Prime Minister’s Secretariat on Friday, the Minister for Planning, Development and Special Initiatives would be the chairman of the CCoCIP.While the Minister for Foreign Affairs, Minister for Interior, Minister for Finance, Minister for Commerce, Minister for Petroleum, Minister for…
Read MorePrivatisation of Discos, various IPPs projects under study
ISLAMABAD: Federal Minister for Privatisation and Board of Investment Abdul Aleem Khan and Federal Minister for Power and Works Awais Ahmed Khan Leghari held a detailed meeting in which they discussed the privatisation of DISCOs and various projects of IPPs for the purpose of privatisation.It was decided that the process of privatisation would be accelerated.Similarly, the pace of handing over…
Read MorePM sets up seven cabinet panels; to lead ECC, CCoE
• Five other bodies to oversee affairs related to airports’ outsourcing, state-owned enterprises, privatisation, disposal of legislative cases and Chinese projects• Reko Diq feasibility to be completed by year-end ISLAMABAD: Prime Minister Shehbaz Sharif on Friday formed seven cabinet committees, including the Economic Coordination Committee (ECC) and the Cabinet Committee on Energy (CCoE). According to separate notifications issued by the…
Read MoreGovt plans PMU for upgrades amid refineries pushback
PMU will be led by DG (Oil) and will consist of representatives from refineries, OGRA, and a consultant to be jointly engaged by the refineries KARACHI: The government is setting up a project management unit (PMU) to streamline the upgrade of the country’s aging refineries under the oil refining policy, official documents showed. “Pursuant to the Cabinet Committee on Energy…
Read MoreTopping the global most powerful string inverters ranking- Hopewind leads the innovation in utility-scale PV
Hopewind’s 330-385kW series string inverters are recognized as the world’s most powerful string inverters after a throughout market research conducted by Solarbe Global, a well-known PV industry media. The dominance of utility-scale PV in global PV installations is indisputable, as it emerges as a key catalyst in achieving the net-zero target by 2030. Projections by BNEF reveal a remarkable growth…
Read MoreNo Need for US Waiver to Build Gas Pipeline With Iran, Pakistan Says
Pakistan said Thursday that it does not need a waiver from U.S. sanctions to build its portion of a pipeline to import natural gas from Iran. “It is a segment of the pipeline which is being built inside Pakistani territory. So, we do not believe that at this point there is room for any discussion or waiver from a third…
Read MoreSindh’s 45 clean energy projects having over 3,000 MWs production capacity waiting approval under competitive bidding regime
Karachi Forty-five proposed clean energy projects to be installed in Sindh with a cumulative generation capacity of over 3,000 megawatts have been waiting for their approval under the competitive bidding regime, whose auction has to be conducted by the federal government.Sindh Energy Minister Syed Nasir Hussain Shah passed on this information to Chief Minister Syed Murad Ali Shah, who chaired…
Read MoreUS Ambassador Calls On Minister for Petroleum
Ambassador of the United Stated of America H.E. Donald Blome called on the newly appointed Federal Minister for Petroleum, Dr Musadik Malik. H.E the ambassador extended his congratulations to Dr. Musadik Malik on assuming the office and expressed high hopes for the transformation of the energy sector. Federal Minister appreciated H.E. Ambassador Blome for always extending his support and reaffirmed…
Read MoreWorld Water Day 2024: Water Scarcity in Pakistan Is a Gendered Issue
Water scarcity is a deeply gendered issue that disproportionately burdens women, particularly in regions like Pakistan. Over a year ago, Pakistan made global headlines as catastrophic flooding tore through the country, resulting in displacing over 33 million people and unimaginable damage. After flooding destroyed villages and critical infrastructure, millions now face either unsafe drinking water or live in severely water-scarce…
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