Pakistan Friday called for boosting progress towards achievement of a United Nations Sustainable Development Goal (SDG) that calls for ensuring access to affordable energy worldwide. Speaking at a “High-Level Dialogue on Energy 2021”, convened by the UN Secretary-General to build a global roadmap towards the achievement of SDG No.7 by 2030 and net zero emissions by 2050, Foreign Minister Shah…
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NTDC probe team says access to record being denied
Although the team, constituted by the company’s top management around two months ago, was supposed to complete the inquiry by Aug 20, it was unable to do so owing to the non-provision of record and resistance from various officers, Dawn has learnt. “A mafia has been ruling the country’s premier power transmission and despatch agency (NTDC) for the last three…
Read MoreSectoral policies: start with deregulation
The government is in the process of developing policies for selected sectors such as refineries and automobiles. Having well defined policies in any sector is the right approach to give right signal to investors, allowing government to seek investment in desired areas. However, policy formulation is becoming weak in Pakistan, as modus operandi is extremely ad-hoc. Discussions take place with…
Read MoreGovt Should Establish Shipping Rates Advisory Board
Karachi Mian Nasser Hyatt Maggo, President FPCCI, has proposed to Ministry of Maritime Affairs, Ministry of Commerce and Customs to work together with Pakistan Shippers’ Council (PSC) of FPCCI to help protect the shippers and freight forwarders of the country from historically and unprecedentedly high shipping and freight charges; coupled with unavailability of shipping containers and container ships. He said…
Read MoreAdil Farhat Appointed CEO of P&G Pakistan
P&G Pakistan today announced appointment of Adil Farhat as its new Chief Executive Officer effective October 1. Adil is an experienced business leader who has worked in senior roles across Middle East, Europe, Africa for over two decades with P&G. Most recently, Adil was Managing Director of P&G West Africa, based out of Lagos. Prior to that, he has led…
Read MorePakistan’s first plastic road project kicks off under ‘World Without Plastic’ programme
A number of private enterprises in collaboration with Capital Development Authority (CDA) have launched a mega project of re-carpeting national roads under the “World Without Plastic” programme. A prominent road in Islamabad, Ataturk Avenue, has been identified for re-carpeting and according to experts, eight tons of used plastic (PET bottles) will be mixed with road constructing material for re-carpeting the…
Read MoreKapco seeks renewal of power generation licence
The National Electric Power Regulatory Authority (Nepra) has provisionally allowed Kot Addu Power Company (Kapco) to keep producing and supplying electricity to the national grid until the regulator arrives at a final decision whether to renew the company’s power generation licence. In a regulatory filing with the national bourse on Friday, Kapco said its licence renewal application is being “duly…
Read MoreNEPRA Approves Capacity Expansion Plan
The National Electric Power Regulatory Authority (Nepra) has approved the first-ever Indicative Generation Capacity Expansion Plan 2021-30 (IGCEP-2021) in terms of relative provisions of grid code of the National Transmission and Despatch Company (NTDC). “IGCEP will be a dynamic document covering a planning horizon of 10 years and it will be revised annually,” stated a statement issued on Friday. “It…
Read MoreSindh expresses reservations on approval of ‘one-sided’ IGCEP by CCI
Sindh government has expressed reservations on approval of “one sided” Indicative Generation Capacity Expansion Plan (IGCEP) by the Council of Common Interests (CCI), maintaining that giving preference to hydel projects over wind and coal projects will increase total basket with stimulated potential impact of billions of dollars over the life cycle of the project. These apprehensions were conveyed by Minister…
Read MoreCost of power generation up 60%
The cost of power generation in the country has increased by 60% — the rate of a unit going up by Rs6.42 in the last one year. According to documents, the cost of generating electricity using diesel, furnace oil, coal, LNG and gas has significantly jacked up. In the last one year, the cost of generating electricity on diesel went…
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