The Pakistan Solar Association (PSA) and Energy Update (EU) have signed a memorandum of understanding to jointly organise events aimed at promoting renewable power sources in the country.The MoU will enable the PSA to act as a partner of the Energy Update to help it organise its forthcoming event, the 2nd International Solar Conclave and Technology Excellence Awards-2025. The two…
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No Passengers ,No planes china funded 240m Gwadar airport sits idle
With no passengers and no planes, Pakistan’s newest and most expensive airport is a bit of a mystery. Entirely financed by China to the tune of $240 million, it’s anyone’s guess when New Gwadar International Airport will open for business. Located in the coastal city of Gwadar and completed in Oct 2024, its a stark contrast to the impoverished, restive southwestern BalochistanFor the…
Read MorePakistan, Azerbaijan sign agreements, MOUs on trade and energy
Islamabad — Pakistan and Azerbaijan have signed agreements and memorandums of understanding (MOUs), chiefly about trade and energy, during a visit to Azerbaijan by Pakistani Prime Minister Shehbaz Sharif. Sharif arrived Sunday in the Azerbaijani capital, Baku, for a two-day visit to hold talks with President Ilham Aliyev and other top officials. In a post on social media, the Pakistani…
Read MoreLost in transmission
Pakistan’s power transmission system serves as the backbone of the electricity sector, facilitating the transfer of electricity from power generation plants to consumers across the country. However, despite significant investments in generation capacity, the transmission network remains outdated, inefficient and increasingly strained, preventing the effective delivery of electricity where it is needed the most. The country has invested heavily in…
Read MoreOGDCL awards LCE CleanTech/EnergyTech grant
LONDON: Oil prices steadied on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of a resumption in crude exports from northern Iraq. Brent futures were up 13 cents, or 0.2%, at $74.56 barrel by 1103 GMT while U.S. West Texas Intermediate crude futures added 11 cents, or 0.2%, to $70.51.…
Read MoreAsia LNG imports set to drop to 22-month low as Europe surge drives prices: Russell
LAUNCESTON: Asia’s imports of liquefied natural gas (LNG) are poised to drop to the lowest in nearly two years in February, while Europe’s are set to surge to the second-highest on record. The weakness in Asia shows buyers are shunning expensive spot cargoes, with prices at least 50% higher than what they were this time last year. A milder-than-usual winter…
Read MorePILDAT releases performance evaluation of federal ministers in the first year
As the first year of the 16th National Assembly draws to a close on February 28, 2025, PILDAT has looked at how Federal Cabinet members have fared during the year in terms of their presence and performance in the legislature. To evaluate performance of the members of the Federal Cabinet in the Parliament, PILDAT has looked at both the houses…
Read MoreSindh govt, UNIDO partner to build climate-resilient infrastructure; drive economic recovery in flood-affected areas: Murad Shah
KARACHI (Feb 24): Sindh Chief Minister Syed Murad Ali Shah has taken a significant step towards poverty alleviation and inclusive rural development by signing a $5 million agreement with the European Union through the Sindh Peoples Housing for Flood Affected (SPHF), initiating the PAIDAR project – a Communal Infrastructure Grant Agreement. In collaboration with the United Nations Industrial Development Organization…
Read MoreIs Pakistan’s Energy Sector a Ticking Time Bomb?
SPAR6C Pakistan to Provide Technical Assistance to Lakhodair Landfill in Lahore as Carbon Market Pilot Project
Lahore, Pakistan, February 21st, 2025 – To support the development of a pipeline of feasible projects in Pakistan for international carbon markets, the Supporting Preparedness for Article 6 Cooperation (SPAR6C) program has announced its intention to provide technical assistance to the Lakhodair Landfill in Punjab province of Pakistan. The announcement was made as part of a visit from representatives of…
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