KARACHI: Industrialists in Hyderabad are urging the government to address a severe LPG shortage caused by the Sui Southern Gas Company’s (SSGC) failure to supply gas to eateries, food streets, and domestic users. The shortage has led to the closure of numerous LPG shops, exacerbating the crisis. Adeel Siddiqui, President of the Hyderabad Chamber of Commerce and Industry (HCCI), emphasized…
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ISLAMABAD: Vitol Trading Company, the world’s largest energy trading enterprise, has secured a tender from Pakistan’s government-owned LPG company. This marks a significant shift from Pakistan’s historical reliance on LPG supplies from its sanctioned neighboring country, which often involved illegal shipments and forged documents. The dependence on these illicit products has undermined real competition and exposed Pakistan to considerable risks.…
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ISLAMABAD: Engro Powergen Qadirpur Limited (EPQL) has reaffirmed its interest in purchasing 50 MMCFD of low BTU gas from Pakistan Petroleum Limited‘s (PPL) Kandhkot Field for its power generation complex, on an “as-and-when available” basis. In a letter to Imran Abbasi, CEO/MD of PPL, EPQL CEO Sameen Akhtar referred to previous communications regarding their interest in gas allocation from the…
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ISLAMABAD: The Central Development Working Party (CDWP) has approved 17 development projects worth Rs33 billion and recommended nine projects valued at Rs867 billion to the Executive Committee of the National Economic Council (ECNEC) for final approval. The meeting, chaired by Planning Commission Deputy Chairman Mohammad Jehanzeb Khan, saw the participation of key federal and provincial officials. Among the energy sector…
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Islamabad: 27th June, 2024 PRESS RELEASE The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division today. The meeting was attended by the Minister for Industries & Production Rana Tanveer Hussain, Minister for Petroleum Mr. Musadik Masood Malik, Minister for Power Sardar Awais Ahmad Khan…
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NEPRA, chaired by its chairman, held a hearing on K-Electric’s application for a seven-year multi-year tariff on Thursday, attended by senior officials from K-Electric.
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Panchromatic, ultra-thin solar cells could soon become reality WHAT JUST HAPPENED? The solar energy revolution might be about to shift into an even higher gear. Researchers in Germany have developed a groundbreaking new light-harvesting system that could drive a huge leap in solar cell efficiency by absorbing light across the entire visible range. For years, solar tech has been hamstrung by some…
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In the presence of His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz Al- Saud, Minister of Energy, the Saudi Power Procurement Company (SPPC) has signed Power Purchase Agreements (PPA) for three new solar photovoltaic projects. The agreements was signed with a consortium of ACWA Power Company, and the Water & Electricity Holding Company (Badeel), a wholly owned subsidiary of the Public Investment…
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Atif Ikram Sheikh added that FPCCI emphasizes, despite repeated assurances from the incumbent government, the budgetary proposals from the IT industry have been completely ignored.
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A new efficiency world record for converting sunlight into electricity has been set, in what researchers claim is a huge boost for renewable energy. Researchers at Longi, the world’s biggest solar panel manufacturer, achieved a 34.6 per cent power conversion efficiency using a tandem perovskite-silicon solar cell, beating the previous record by 0.7 per cent. The new record is also more than 7 per…
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