KARACHI: The Oil and Gas Development Company Limited (OGDCL) announced a significant gas condensate discovery at the Baloch-2 well in District Sanghar, Sindh. In a stock exchange filing on Friday, OGDCL reported that the discovery was made in the Sinjhoro Block, where OGDCL holds a 76% operating interest, alongside joint venture partners Orient Petroleum (19%) and Government Holdings Private Limited…
Read MoreDay: August 31, 2024
Govt Adopts Cautious Approach to Address IPP Issues: Power Minister
ISLAMABAD: Power Minister Awais Leghari announced on Friday that a special task force is currently examining the challenges with independent power producers (IPPs) to find mutually agreeable solutions, emphasizing that the government will not take any unilateral adverse actions. Speaking before the Senate Standing Committee on Power, chaired by PTI Senator Mohsin Aziz, the minister stressed the importance of a…
Read MorePSA demands strict regulation of Pakistani clean energy market to stop sales of substandard solar products
The Pakistan Solar Association has severely decried the unchecked import and sale of substandard solar panels in the Pakistani markets by unaccredited dealers who brazenly fleece unsuspecting consumers in the country.The PSA raised as these concerns as its leadership recently held an interactive session with the media persons in Lahore to highlight the issue of low-quality solar products freely being…
Read MoreWater Storage in Major Reservoirs Surpasses Five-Year Average
The cumulative water storage in Pakistan’s major reservoirs—Tarbela, Mangla, and Chashma—has reached 11.506 million acre-feet (MAF), surpassing the five-year average of 11.267 MAF by 2%. Tarbela Reservoir achieved its maximum conservation level of 1,550 feet on August 19, 2024, a level that has been consistently maintained. Chashma Reservoir is also near its maximum conservation level, with a current water level…
Read MoreSolar Conclave and Technology Excellence Awards
Conference underlines maximum exploitation of solar power potential to ensure Pakistan’s energy security Lahore: The concerned energy sector representatives have emphasised greater exploitation of Pakistan’s solar power potential to swiftly transition away from fossil fuel-based electricity production and end acute economic sufferings of masses due to heightened power tariff.They were speaking at a panel discussion held as part of Solar…
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