The federal cabinet on Saturday decided to cap maximum retail price of the Russian and Chinese Covid vaccine injections, being imported by the private sector amid a sharp increase in coronavirus cases and in the absence of a wider government-funded vaccination programme. The cabinet approval came through a circulation of the health ministry summary. It came on the day when…
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The giant windfarms that line hills and coastlines are not the only way to harness the power of the wind, say green energy pioneers who plan to reinvent wind power by forgoing the need for turbine towers, blades – and even wind. “We are not against traditional windfarms,” says David Yáñez, the inventor of Vortex Bladeless. His six-person startup, based…
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When my fellow Pakistanis read this, the first question that may come to mind is why the minister for maritime affairs is writing an article on LNG. So, let’s start with that. My association with the PTI spans over two decades. I joined the struggle in 1999 and actively started participating in politics in 2002 when I contested the elections…
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ISLAMABAD: The government on Thursday allowed appointment of a transaction adviser to award management contracts to private sector for operating power distribution companies. The decision was taken during a meeting of the Cabinet Committee on Privatization presided over by Minister for Finance and Revenue Hafeez Shaikh. The privatisation division presented various proposals regarding award of management contracts for smooth running…
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karachi: A contract signed between the two parties will enable Packages Convertors Limited to save over 2600 tonnes of carbon emissions by using a customized commercial solar installation by Zero Carbon. The 3.12MW project will be producing approximately 4.2 million units of electricity each year. The complex installation will comprise of a special structure to be installed on shell type…
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ISLAMABAD: The government has ordered uninterrupted operations of two Punjab-based fertiliser plants — Agritech and Fatima Fertiliser — on domestic gas supply from Sui Northern Gas Pipelines Ltd (SNGPL) until November this year to ensure sufficient local fertiliser production. Also, the Petroleum Division and the SNGPL have been asked to charge late payment surcharge (LPS) on gas bills to these…
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ISLAMABAD: The Pakistan Atomic Energy Commission (PAEC) on Thursday announced that it had connected the much-awaited 1,100MW Karachi Nuclear Power Plant Unit-2 (K-2) to the national grid. In a statement, the PAEC termed it a ‘Pakistan Day’ gift to the nation. It said the nuclear power plant (NPP) had achieved criticality at the end of February and was undergoing certain…
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The federal government has rejected a panel recommended by Sindh for appointing member finance of the National Electric Power Regulatory Authority (Nepra) tribunal on the grounds the candidates did not meet the eligibility criteria. Sources told The Express Tribune that the Sindh Energy Department had sent a two-member panel for selection of one of them for the post of Nepra…
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ISLAMABAD: Saudi Arabia’s Al-Jomaiah Group on Wednesday sought early resolution of payables and receivables of K-Electric (KE) and urged the government and public sector entities to facilitate the power utility’s takeover by China’s Shanghai Electric Ltd. A press statement issued by KE said that Aljomaih Holdings’ Managing Director Investments Abdulaziz Hamad Aljomaih hoped that the government of Pakistan would expedite…
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KARACHI: Central Power Purchasing Agency (CPPA) has approached the National Electric Power Regulatory Authority (NEPRA) seeking 54.8 percent increase in market operator fee to Rs3.002kwh/month for the fiscal year 2020-21. CPPA in its petition noted the agency’s revenue requirements for FY2020-21 were estimated at Rs853.61 million compared with Rs601.81 in the last fiscal year. In order to meet with the…
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