National Transmission and Despatch Company (NTDC) has shared plans to procure disc insulator and hardware string costing €10.8 million for the 500-kilovolt SECL (Thar block-I) to Matiari double-circuit transmission line for evacuation of power from the 1,320-megawatt SECL Coal Power Plant. Speaking at a ceremony held to sign contract for the procurement of goods on Saturday, NTDC Deputy Managing Director…
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Amid heating up of political climate, the government on Monday approved Rs10 billion supplementary grants for Sustainable Development Goals Achievement Programme (SAP) for utilisation on the recommendations of ruling party parliamentarians. A formal decision to this effect was taken by the Economic Coordination Committee (ECC) of the Cabinet, which also approved about Rs182bn worth of six other supplementary grants, including…
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Pakistan’s oil and eatable import bill recorded a sharp increase in the first four months (July-October) of 2021-22 from a year ago owing to rising prices on the international market and massive depreciation of the rupee. The total import bill inched up by 65.4pc to $25.1 billion in 4MFY22 as against $15.17bn in the corresponding period of last year. The…
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Alok Sharma, the president of the UN climate conference in Scotland, had convened the final meeting of representatives from nearly 200 countries to deliver the Glasgow Climate Pact, a deal meant to ensure the world still has a chance to avert the worst impacts of global warming. It was moment born of weeks of arduous negotiation and months of painstaking…
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Minister for Energy Hammad Azhar informed the Senate on Friday that domestic gas reserves were depleting fast and the gas prices had not been increased since 2019. The Senate met under the chairmanship of Sadiq Sanjrani. Responding to a calling attention notice raised by senators Sherry Rehman and Saleem Mandviwalla about the ongoing crisis in the gas supply to consumers,…
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With the onset of winter, and prior to the arrival of tourists, the district administration has banned the use of gas cylinders for heating in hotels and guest houses in Murree. Civil Defence Department (CDD) District Officer (DO) Civil Defence Talib Hussain said that the ban has been implemented with immediate effect, and any hotels and guest houses found in…
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The earthquakes, magnitudes 6.4 and 6.3, hit Iran’s energy province of Hormozgan on the Persian Gulf, with the epicenter at the town of Laaft on Qeshm island. No infrastructure facilities were damaged on the island, where several oil and gas plants have been built or are under construction, state television reported. In Bandar Abbas, home to a 350,000 b/d refinery,…
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Along with a solar farm and a battery, five giant wind turbines are powering much of the operations at the Agnew gold project, about 1,000 kilometres north-east of Perth. It is the first resources project anywhere in Australia to have a wind farm, but it is unlikely to be the last. What’s more, the mix of renewable energy sources to…
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Finance Adviser Shaukat Tarin said on Sunday that the government will not able to provide relief to the public in case of an increase in fuel prices in the international market. Talking to the media in Karachi, the finance adviser said the local petroleum prices were directly proportional to the prices in the global market. “There is no relief in…
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Minister for Energy Hammad Azhar on Friday informed the Senate that gas domestic reserves were fast depleting and the gas prices had not been increased since 2019. Responding to a calling attention notice raised by Senators Sherry Rehman and Saleem Mandviwalla about the ongoing crisis in the gas supply to consumers, both domestic and commercial, especially for the upcoming winter,…
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