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Sindh cabinet approves pink bikes, EV buses, double-decker for city, and the upgradation of Keejhar for K-IV

February 28, 2025February 28, 2025 Admin

• 1000 Pick bikes to be distributed among women• Double-deckers will operate on Shahrah-e-Faisal• Keejhar, KB feederuplift to increase 1200 cusecs KARACHI (Feb 27): Sindh Chief Minister Syed Murad Ali Shah, while presiding over a cabinet meeting, made several significant decisions, including the procurement of 1,000 pink electric motorcycles for women, the acquisition of double-decker buses and electric vehicles (EVs)…

Joint Venture Agreement with International Resource Holding Mining RSC Ltd (IRH) in Two Exploration Licenses in Chagai, Balochistan

February 28, 2025February 28, 2025 Admin

Islamabad, Pakistan – Feb 28, 2025 – Mari Energies Limited (formerly Mari Petroleum Company Limited), through its wholly owned subsidiary, Mari Minerals (Private) Limited (formerly Mari Mining Company (Pvt) Limited), is pleased to announce the signing of a Joint Venture Agreement (JVA) with IRH Mining RSC Ltd, Balochistan Mineral Resources Limited (BMRL) and the Government of Balochistan (GoB) for acquisition…

SCADA-III project: achieves major milestone

February 27, 2025February 27, 2025 Admin

LAHORE: The National Transmission & Despatch Company (NTDC) has successfully achieved a milestone in the SCADA-III project with partial activation of the new Control Room and Supervisory Control and Data Acquisition (SCADA) system becoming partially live, installed at the National Power Control Centre (NPCC), Islamabad. The system was inaugurated by the Managing Director NTDC, Engr. Muhammad Waseem Younas and senior…

Russia extends gasoline export permits until end of Aug 2025, Ifax reports

February 27, 2025February 27, 2025 Admin

MOSCOW: The Russian government has decided to extend petrol export permits for producers until the end of August 2025, Russian news agency Interfax reported on Thursday. China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand The government made the decision to maintain a stable situation in the domestic fuel market and support the oil…

Sindh Chief Minister Syed Murad Ali Shah, while presiding over a cabinet meeting, made several significant decisions, including the procurement of 1,000 pink electric motorcycles for women, the acquisition of double-decker buses and electric vehicles (EVs) for the city, and the immediate improvement of Keejhar Lake and the KB Feeder to provide water for the K-IV project. Additionally, he allowed Dow to establish a company to manufacture anti-snake and anti-rabies vaccines.

February 27, 2025February 27, 2025 Admin

he meeting, held on Thursday at CM House, was attended by provincial ministers, advisors, special assistants, the Chief Secretary, and relevant secretaries. Pink Electric Motorcycles for Women: The cabinet was informed that the Transport and Sindh Mass Transit Authority (T&MTD) plans to launch a program aimed at enhancing female mobility through sustainable transportation. This initiative will introduce approximately 1,000 electric…

IEA says Europe should replace Russian LNG with Qatari supply from 2027

February 26, 2025February 26, 2025 Admin

LONDON: European countries should consider replacing liquefied natural gas (LNG) imports from Russia with other sources beginning in 2027, the International Energy Agency director said on Tuesday. Fatih Birol was speaking at the International Energy Week conference in London. “Europe has been importing a lot of Russian LNG to help its economies,” he said. “It may be high time to…

Aqib Javed defends team selection after Champions Trophy debacle

February 26, 2025February 26, 2025 Admin

Pakistan’s interim head coach and selection committee member, Aqib Javed, defended the team’s selection Wednesday after their early exit from the ICC Champions Trophy. Hosts Pakistan were knocked out of the tournament following back-to-back losses against New Zealand and India have led to criticism., which led to fans and experts questioning the team’s selection and performance. Speaking to the media in Rawalpindi,…

Oil holds at two-month low on rising supply concerns

February 26, 2025February 26, 2025 Admin

LONDON: Oil prices held at two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on prices while lower U.S. crude stockpiles provided some support. Brent crude eased by 3 cents to $72.99 a barrel by 1142 GMT while U.S. West Texas Intermediate crude oil futures gained 3 cents to $68.96. Prospects for a…

India must double renewable capacity additions to meet 2030 clean-energy targets, report says

February 26, 2025February 26, 2025 Admin

India must double its annual solar and wind capacity additions over the next five years to meet its 2030 clean-energy targets, despite record additions in 2024, Global Energy Monitor (GEM) said in a report on Wednesday. India added nearly 28 gigawatts (GW) of solar and wind capacity in 2024, with solar power additions accounting for 70% of total additions, according…

Will 18% GST on net metering slow down Pakistan’s solar boom?

February 26, 2025February 26, 2025 Admin

In a key development on the renewable energy front, the Federal Tax Ombudsman (FTO) ordered that solar net metering consumers in Pakistan pay an 18% sales tax. The decision was made after discovering a significant revenue loss of approximately Rs9.8 billion, as reported by Business Recorder on Tuesday. Under the ruling, the sales tax will be applied to the total amount of electricity…