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A memorandum of understanding was signed between SSGC and SNGPL for jointly exploring opportunities for improving business sustainability, efficiency and productivity of Meter Manufacturing Plant (MMP) located in SSGC, Karachi. Ali J. Hamdani, MD SNGPL, and Imran Maniar, MD SSGC, inked the MoU at a simple ceremony held at the SSGC’s head office.https://www.facebook.com/v2.9/plugins/quote.php?app_id=106170627023&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fx%2Fconnect%2Fxd_arbiter%2F%3Fversion%3D46%23cb%3Df1eff3afb6f3d4c%26domain%3Dnation.com.pk%26is_canvas%3Dfalse%26origin%3Dhttps%253A%252F%252Fnation.com.pk%252Ff2d8c1253dc02e4%26relation%3Dparent.parent&container_width=779&href=https%3A%2F%2Fnation.com.pk%2F13-Nov-2021%2Fgas-utilities-sign-mou&locale=en_US&sdk=joey The MoU pledges for initiation of a…

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lasgow hosted the 26th edition of the Conference of Parties (COP) under the UN Framework Convention on Climate Change (UNFCCC) to achieve an extremely ambitious yet simple agenda i.e. stabilising the climate by reducing levels of carbon dioxide (CO2) and other greenhouse gases (GHG) in the Earth’s atmosphere. Before we discuss how far the 40,000 COP26 delegates – representing politicians, bureaucrats, thought leaders,…

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The 26th iteration of the Conference of Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) was held over the past two weeks in Glasgow. The primary purpose of the conference was to take stock of global commitments in light of the Paris Agreement (2015), which calls for restricting global temperature rise to 2 degree Celsius with the enhanced…

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The Glasgow Climate Pact, as it is being called, calls upon countries to accelerate the transition towards low emission energy systems including by rapidly scaling up deployment of clean power generation and including efforts to phase down coal power and inefficient fossil fuel subsidies. India pushed through a last minute intervention during the final plenary to weaken the language on coal…

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The Glasgow Climate Pact is the first ever climate deal to explicitly plan to reduce coal, the worst fossil fuel for greenhouse gases.The deal also presses for more urgent emission cuts and promises more money for developing countries – to help them adapt to climate impacts. But the pledges don’t go far enough to limit temperature rise to 1.5C. A…

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Pakistan has asked China to direct its Export & Credit Insurance Corporation Sinosure to resolve the pending issues pertaining to ML-I and six energy projects. “We have written two separate letters to National Development and Reform Commission (NDRC) for resolution of issues hampering the financial close of six energy projects and the term sheet for ML-I project,” Khalid Mansoor Special…

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Two major multilateral institutions –– the World Bank and the Asian Development Bank – are exploring avenues to sell more loans to Pakistan and their senior level delegations had back-to-back meetings with various cabinet members on Tuesday. As part of these interactions, the ADB has formally offered $700 million worth of another loan for Covid-19 vaccination on top of an…

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The Ministry of Energy has moved a summary to the Federal Cabinet for ending subsidised gas rates for industries, including captive power plants, which would likely increase the prices, Topline Securities reported in a research on Tuesday. Any increase in subsidised re-gasified liquefied natural gas (RLNG) price would significantly impact the Punjab-based textile players such as Nishat Mills Limited (NML)…

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Pakistan Boulevard’ was inaugurated in Izmir by Mayor Tunç Soyer today. Ambassador of Pakistan in Turkey Syrus Sajjad Qazi, Honorary Consul General of Pakistan in Izmir Cahit Yasar Eren, Mr. Selami Poyraz, President of the Chamber of Commerce Assembly, and Mr. Mahmut Ozgener, President of the Board of Izmir Chamber of Commerce also participated in the inauguration ceremony. Pakistan Boulevard…

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A Joint Secretary (JS) from the Power Division and a General Manager (GM) from the National Transmission & Despatch Company (NTDC) are vying for additional charge of the office of Managing Director (MD) lying vacant after sudden resignation of the incumbent one within three months of his appointment, said sources. The sources added that the Board of Directors (BoD) of…

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