State minister says IT, agriculture, mining sectors key areas of interest ISLAMABAD: Minister of State for Petroleum Dr Musadik Malik on Sunday said that the Kingdom of Saudi Arabia and the United Arab Emirates were taking a keen interest in Pakistan’s information technology, agriculture and mining sectors. The KSA planned to fix $24 billion in funds for investment purposes, while the…
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Renewables to generate 81% of the country’s electricity by 2030 MADRID: Spain will double its 2030 biogas and green hydrogen production targets and raise its wider energy and climate ambitions, a draft of the government’s climate strategy showed on Wednesday. The new plan includes higher goals for solar and wind power as well as energy storage and other initiatives. Energy…
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Discover why Pakistani elites must mend their ways to avoid irreversible consequences. Join the conversation on our blog for insights on securing a better future before it’s too late.
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End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country.
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LONGi, is pleased to announce the opening of its new Middle East and North Africa (MENA) and Central Asia (CA) headquarters in Dubai, United Arab Emirates. This strategic move represents LONGi’s commitment to expanding its presence in the region and serving as a hub for its operations and growth initiatives.
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State Minister for Petroleum Musadik Malik announced on Wednesday that the Bonded Bulk Storage Policy 2023, recently approved by the Economic Coordination Committee (ECC) of the cabinet, will end the hoarding of petroleum products, reduce pressure on foreign exchange reserves and eliminate the fear of oil dry out in Pakistan. In a press conference, he said this policy will stop…
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ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is said to have expressed concerns over higher generation cost of K-Electric (KE), seeking a detailed plan of cost rationalization, well informed sources told Business Recorder. On June 21, 2023, during the ensuing discussion, Power Division shared detailed calculations and justification for the case and highlighted that Finance Division had agreed with…
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In a groundbreaking development, the United Arab Emirates (UAE) has committed a substantial investment package to accelerate the adoption of sustainable energy solutions in Pakistan, further strengthening their bilateral ties. The Water and Power Development Authority (WAPDA) and the private office of Sheikh Ahmed Dalmook Al Maktoum here on Sunday signed two significant Memorandum of Understanding (MoUs) to undertake strategic…
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The power department KP has decided to appoint any experienced senior officer with relevant field related to energy sector for the appointment of Chief Executive Officer (CEO) of Khyber Pakhtunkhwa Transmission & Grid Company (KPT&GC) established for the first time in the history of the province to run the electricity transmission system in Pakhtunkhwa in a better way. Provincial government…
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Solis surpasses expectations at Intersolar Europe by unveiling inverter solutions that fulfill market demands 22 June 2023, Munich, Germany: Ginlong (Solis) Technologies, one of the global leaders in inverter production, successfully showcased its cutting-edge storage and inverter solutions at Intersolar Europe, the world’s leading exhibition for the solar industry, held on 13th-14th June. Solis presented a wide array of products…
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