KARACHI, April 15 (INP) — The Sindh energy department will prepare a draft policy for production of liquid gas from coal, said Asif Mangi, Deputy Director Sindh Coal Authority (SCA), in an interview with WealthPK. This decision was made in a high-level meeting of Sindh Coal Authority chaired by Sindh Energy and Planning Minister Syed Nasir Hussain Shah recently. SCA…
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Abu Dhabi: Masdar, a leading player in the UAE’s clean energy sector, is gearing up to host the World Future Energy Summit (WFES) and the Green Hydrogen Summit from April 16 to 18 at the Abu Dhabi National Exhibition Centre (ADNEC). This global event focuses on future energy, clean technology, and sustainability, drawing participation from key stakeholders worldwide. The Masdar…
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Local refineries in Pakistan are poised to kickstart $5-6 billion investments over the next six years for their upgradation projects, with a key condition: putting an end to the influx of smuggled petroleum products from Iran. This condition is crucial to ensure the viability of the refineries’ expansion plans and the production of Euro-V diesel and petrol. The Oil Companies…
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In response to international market trends, fuel prices in Pakistan are anticipated to increase significantly, with petrol and high-speed diesel (HSD) likely to rise by approximately Rs2.50 and Rs8.50 per litre, respectively, starting Monday, April 15, for the next two weeks. These adjustments come despite a reduction in import premiums and a slight strengthening of the rupee against the dollar.…
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LPG producers and marketing companies in Pakistan have raised concerns over the government’s proposed intervention in LPG allocation, as outlined in the new LPG Policy 2024. The industry fears that this intervention could lead to anti-competitive practices and undermine the spirit of deregulation. Under the proposed policy, the Petroleum Division suggests allocating up to 10% of LPG production to Sui…
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In a bid to harness Pakistan’s abundant solar energy potential, the Pakistan Private Sector Energy (PPSE) Project, funded by USAID and implemented by PFAN in partnership with UNIDO and REEEP, conducted a comprehensive training session for public sector entities. Held at Avari Hotel Lahore on March 2-3, 2023, the training focused on Solar Power Purchase Agreements (PPAs) and their role…
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The days of overheating because of the sun streaming through a window might be no more as scientists have figured out a way to make your windows heatproof. It is achieved using a special window coating that blocks infrared light and ultraviolet light, but lets through visible light, according to a new paper in the journal Cell Reports Physical Science. The…
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The state’s highest court granted review to a lawsuit challenging a “regressive” rooftop solar policy called NEM 3.0. A controversial rooftop solar rulemaking decision has risen to the Supreme Court of California, with the state’s highest court granting review for a petition filed by the Center for Biological Diversity. The case involves NEM 3.0, a rate structure that went into effect in…
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Marks third major funding round to anchor crucial initiative amid delays ISLAMABAD: The World Bank will provide a $1 billion loan for the 2,160 megawatts Dasu hydropower project—a crucial initiative aimed at integrating cheaper electricity into Pakistan’s energy mix and showcasing the nation’s resilience against adversaries. This marks the third major financing by the World Bank for the project, which…
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Revenue board chief endorses disconnection of 500,000 SIMs ISLAMABAD: The Federal Board of Revenue (FBR) has decided to block 500,000 mobile phone SIMs of tax evaders as the decision has been endorsed by its chairman. In this regard, the FBR has sent relevant rules to the officers concerned. According to sources, the FBR has identified two million tax evaders, but…
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