Pakistan, Germany sign accord on power grid digitalisation

pakistan germany

PESHAWAR: Pakistan took a significant step toward modernizing its power distribution networks with the signing of a grant agreement at the Center for Intelligence Systems and Network Research (CISNR), University of Engineering & Technology (UET) Peshawar. The agreement is part of the GIZ-commissioned project “Digitalization and Decarbonization of Power Distribution Networks,” funded by the Federal Ministry for Economic Cooperation and…

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Oil prices steady as market eyes Russia-Ukraine peace deal

Oil rises

SINGAPORE: Oil prices were little changed on Monday as investors eyed developments on a potential Russia-Ukraine peace deal that could ease sanctions disrupting global supply flows. Brent crude futures dipped 1 cent at $74.73 a barrel at 0740 GMT, while US West Texas Intermediate crude was down 7 cents at $70.67 a barrel. The market continued to keep an eye…

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First phase of Pakistan’s largest biomethane plant inaugurated in Karachi

largest biomethane plant

The first phase of Pakistan’s largest biomethane gas project, Biogas Power Generator, was inaugurated on Monday in Gadap district, Karachi, the country’s financial hub. Speaking at the event, Syed Qasim Naveed Qamar, Special Assistant to the Chief Minister of Sindh on Investment and Public-Private Partnership, lauded the initiative terming it “a significant step towards clean and environment-friendly energy”. He said…

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