Competitive power market consultation begins tomorrow

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) will begin on Tuesday (tomorrow) public consultation over a plan it had approved last month to set off operations of wholesale competitive electricity market in April 2022. The design and implementation plan of the Competitive Trading Bilateral Contract Market (CTBCM), which was approved last month, entails action plans from institutional restructuring and…

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First Turkey-China freight train reaches its destination in historic trip

In a major milestone, the first train carrying goods from Turkey to China has reached its destination, Turkey’s transport and infrastructure minister said. “Announcing Turkey’s power in logistics to the world from every city it passed through, the China Export Train is our victory in rail transport,” Adil Karaismailoglu wrote on Twitter. The train set off from Istanbul on December…

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Pakistan’s arid climate and rocky deserts may seem an unlikely place to look for a green revolution, but the nation of more than 200 million people has begun one of the world’s largest reforestation programs. The government is in the first phase of planting 3.25 billion trees at an estimated cost of around Rs 105 billion ($650 million), Malik Amin…

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Coronavirus vaccine: Wealthy patients in Southern California offering top dollar to cut in line

LOS ANGELES — While the nation continues to see record levels of new COVID-19 cases, hospitalizations and deaths, wealthy patients in Southern California — the epicenter of the state’s COVID-19 crisis — are offering to pay top dollar to cut the line and be among the first to receive a vaccine. At a number of concierge medical practices in Southern…

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Pakistan raises eyebrows by dropping plans for new coal plants

In a surprise move, Pakistan has abandoned plans to build 27GW of coal power plants between 2030 and 2047, and will invest in renewable energy instead.The announcement was made by Imran Khan, Pakistan’s prime minister, during a virtual gathering of global leaders. He told the Climate Ambition Summit 2020 on Saturday: “We have already scrapped two coal power projects that…

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Shahid Khaqan says: Through late purchase of 12 LNG ships, govt inflicted Rs17 bn losses

ISLAMABAD: Former prime minister and minister for petroleum Shahid Khaqan Abbasi told a private news channel on Friday that despite increasing gas demand in winter, the PTI government did not float tenders, and inflicted Rs17 billion losses on the country through purchase of 12 cargo ships. He said if electricity would be produced through diesel, it would cost the country…

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Due to wrong PML-N pacts: Pakistan paying Rs84.3m per day to LNG terminals, says Nadeem Babar

ISLAMABAD: Special Assistant to Prime Minister Nadeem Babar said on Friday Pakistan was paying Rs84.3 million per day because of ill-conceived agreements of the previous government. Speaking in a private channel programme, he said that the terminal was being paid in full for 10 months, but no gas was received. He claimed that it had become hard to supply cheap…

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Experts highlight barriers in development of EVs

Lahore: Energy experts have highlighted major issues and challenges on the development of electric vehicles (EVs) which included higher prices and barriers in the availability of the grids along the major highways. One day CPD training was conducted by Energy Training and Research Center (ETRC) Lahore on November 28, 2020, on “electric vehicles and energy storage”. Dr Izza Anwer was…

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