As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar. When oil and gas companies made ambitious commitments four years ago to curb emissions and transition to renewable energy, their businesses were in free fall. Demand for the fuels was drying up as the pandemic took hold.…
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ISLAMABAD: Federal Minister for Power Division, Sardar Awais Ahmed Khan Laghari, emphasized the need for restructuring the National Transmission and Despatch Company (NTDC) to enhance grid efficiency and sustainability. During a meeting with the Board of Directors (BoDs) and CEOs of power sector companies, alongside experts from the World Bank, Asian Development Bank, and Islamic Development Bank, Laghari highlighted the…
Read MoreLAHORE: The government’s plan to fully convert coal power plants to 100% Thar lignite has encountered a major hurdle, with the Asian Development Bank (ADB) rejecting the proposal for Jamshoro Power sector news Unit I. ADB, the project’s largest creditor, cited legal agreements allowing only 20% local lignite, with 80% imported coal, as per the original deal. An energy ministry…
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ISLAMABAD: Power Minister Awais Leghari on Friday signaled ongoing negotiations with independent power producers (IPPs), stating that the nation would soon hear positive developments regarding efforts to gradually reduce electricity prices. However, he cautioned that significant relief should not be expected immediately. Testifying before the Senate Standing Committee on Power, Leghari explained that the task force he leads, established by…
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Solar Technology Future in Next 20 Years: A Perspective About Pakistan Govt must continue to incentivize solar energy adoption through subsidies, tax incentives, and favorable tariff structures; solar power will become increasingly accessible to households, businesses, and industries across country By Mustafa Tahir As the world grapples with the challenges of climate change, energy security, and sustainable development, solar technology…
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As the world grapples with climate change and environmental degradation, the shift towards renewable energy has become more critical than ever. Pakistan, with its abundant natural resources, is well-positioned to harness renewable energy to meet its growing energy demands. In this blog, we will explore the future of renewable energy in Pakistan, focusing on the opportunities and challenges that lie…
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Delve into the critical aspects of creating a fair, transparent, and efficient power sector in Pakistan. This blog discusses essential policy reforms, the role of renewable energy, and strategies for fostering sustainable economic growth in the country’s energy landscape.
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The capacity payments these days are talk of the town and our criticism has been grossly misplaced when it comes to huge electricity bills, and who the real culprits are.Further, he likes of some of our ex-CT ministers, do not understand how power or energy sector works. Commenting and criticizing are easy, while not seeing where the problem is and what solutions can be offered for a better outcome.
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Introduction Solar energy is emerging as a key player in the global renewable energy landscape, offering a sustainable solution to the world’s increasing energy demands. In Pakistan, the adoption of solar panels has seen a significant rise due to the country’s abundant sunlight and the increasing need for alternative energy sources. However, the cost of solar panels can vary widely,…
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Liquefied Petroleum Gas (LPG) is a highly versatile energy source widely used for cooking, heating, and even as a fuel for vehicles. Despite its convenience and efficiency, LPG poses significant risks if not handled properly. Ensuring safety in the usage, storage, and transportation of LPG is crucial to prevent accidents. The recent tragic LPG incident in Pakistan serves as a…
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