Islamabad: Governor Punjab Chaudhry Muhammad Sarwar will be the chief guest at the 13th Annual Corporate Social Responsibility (CSR) Summit and Awards-2021 being held here at a hotel on February 25. The National Forum for Environment and Health (NFEH) organizes the event every year to thoroughly discuss the issues related to corporate philanthropy in the country. The forum also discusses…
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Secretary Environment, Forests and Wildlife, Shahidullah Khan inaugurated the spring plantation campaign by planting an olive tree at Bajaur tribal district. Chief Conservator North One, Conservator Merged Areas, Deputy Commissioner Bajaur and Conservator Wildlife were also present on the occasion. Speaking on the occasion, the secretary said forests play an important role in making the environment clean besides combating environmental…
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The Sindh Environmental Protection Agency (SEPA) has issued an Environmental Protection Order (EPO) to Messrs Creek Marina Builders and Developers, directing the company to suspend construction of a building on Abdul Sattar Edhi Avenue in Defence Housing Authority phase-VIII, it emerged on Tuesday. According to the EPO, the company has been served the notice over its failure to file the mandatory environmental…
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Prime Minister Imran Khan kicked off the Spring Tree Plantation Campaign 2021 and inaugurated Islamabad’s first ever Miyawaki forest on Wednesday. The premier launched the campaign in the capital as part of the federal government’s commitment to fight climate change. Federal Minister for Interior Sheikh Rashid was also present at the plantation ceremony where the premier himself planted a chir pine tree.…
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ISLAMABAD: As the circular debt continues to plague the energy chain, the government plans to decentralise the power sector in order to incentivise devolved generation and distribution in future under the new National Electricity Policy 2021. According to a draft of the policy, all rules/regulations shall be made in a manner which shall ensure decentralisation of the power sector in order to…
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KARACHI: The country paid over $7 billion in external debt servicing for the first half of fiscal year 2020-21 (1HFY21) which looks significantly higher when compared with the foreign exchange reserves of the State Bank of Pakistan (SBP). The country paid $3.55bn in external debt servicing for the second quarter of the current fiscal (2QFY21) — slightly higher than first…
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ISLAMABAD: Having collected about Rs100 billion, the government has decided in principle to finally do away with Neelum-Jhelum surcharge, currently applied to all electricity consumers at the rate of 10 paisa per unit, after 13 years. A summary to this effect is expected to be approved by the Economic Coordination Committee (ECC) of the Cabinet in its meeting on Friday…
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As automakers like General Motors, Volkswagen and Ford Motor make bold promises about transitioning to an electrified, emission-free future, one thing is becoming obvious: They will need a lot of batteries. Demand for this indispensable component already outstrips supply, prompting a global gold rush that has investors, established companies and start-ups racing to develop the technology and build the factories needed to churn out millions…
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Ruichen Hong, a scholar of Green BRI Centre, has said that Dawood Wind Power Station not only can improve energy situation in Pakistan, but also brings benefits to the Pakistani society. Hong, in an interview, said many countries of the Belt and Road Initiative (BRI) were among the world’s major energy producing and consuming countries. Meanwhile, they are mostly developing…
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When the pandemic hit last year, it destroyed oil and gas stocks. But their prices have gradually been climbing and 2021 looks to offer a more prosperous outlook for the sector. Many people see the death of oil as a welcome solution to combating climate change. But this is not a realistic view. We are hugely reliant on oil. Not…
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