Author: Admin

Tariq Electric Hosts Grand Event Showcasing ABB’s Latest Innovations

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New-Project41

Lahore: Tariq Electric (Pvt) Ltd, a licensed panel builder and official channel partner of ABB, hosted a prestigious event in Lahore, unveiling ABB’s latest product line and cutting-edge electrical solutions. The gathering brought together senior industry professionals, renowned consultants, and key stakeholders from the energy and electrical sectors. A keynote address by Mr. Sean Barnicle from ABB Italy was the highlight of the event, offering in-depth insights into ABB’s state-of-the-art innovations. His presentation focused on groundbreaking technologies such as VD4 Digital (VCB), SENPLUS (Type Tested LV Switchgear), and SF6 /…

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Nepra Holds Public Hearing on 220MW Hybrid Project Today SITE Neutral Project Receives Record-Low Tariff Bid of 3.09 Cents/kWh

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circular-debt-K-electric-ceo

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is set to hold a public hearing today on the approval of the 220-megawatt SITE Neutral Hybrid Project, a pioneering initiative in Pakistan’s renewable energy sector. K-Electric (KE) will present its stance on the project, which has secured the lowest tariff bid of 3.09 cents per kilowatt-hour (kWh) from Canadian firm JCM Power. KE received the bid in August 2024, followed by the submission of a bid evaluation report to Nepra in September. With bid bond validity nearing expiration, swift regulatory approval…

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Ghani Chemical secures gas supply deal with Mari Energies & OGDCL

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Oil prices

Oil prices rose on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of supply disruption, though gains were capped by concern over what could be an economically damaging trade war. Brent crude futures rose $1.28, or 1.7%, to $76.95 a barrel by 1232 GMT after touching a high of $77.34. U.S. West Texas Intermediate crude futures were up $1.89, or 2.6%, at $74.42 after touching their highest since Jan. 24 at $75.18. Trump’s sweeping tariffs on goods from Mexico, Canada and China kicked…

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Ghani Chemical secures gas supply deal with Mari Energies & OGDCL

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OGDCL

Ghani Chemical Industries Limited (GCIL), a manufacturer of medical and industrial gases and chemicals, has entered into a Gas Sales & Purchase Agreement (GSPA) with Pakistani E&Ps i.e. Mari Energies Limited and Oil and Gas Development Company Limited (OGDCL), for the supply of natural gas. The listed company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Monday. “Ghani Chemical Industries Limited (GCIL), Mari Energies Limited (formerly Mari Petroleum Company Limited) and OGDC have entered into a GSPA for supply of 3 mmscfd natural gas during…

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Pakistan’s president to kick off state visit to China

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China

Pakistan’s president is set to arrive in Beijing on Tuesday for a five-day state visit. “At the invitation of Chinese President Xi Jinping, President Asif Ali Zardari of the Islamic Republic of Pakistan will pay a state visit to China from Feb. 4-8,” a spokesperson for China’s Foreign Ministry said Monday. Zardari is expected to meet with Xi and other Chinese leaders to discuss a range of bilateral issues, including ways to enhance economic and defense cooperation between the two longtime allies. The two sides will also discuss progress on…

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