Hearing by Nepra on application of Federal Government for Reduction/Elimination of Domestic Consumers Subsidy.
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Feroze Power is all set to tap into Pakistan’s residential, commercial and industrial solar power potential
Pakistan’s geographical location and sunny climate make it a country that is blessed with immense solar power potential. However, this potential is untapped and we remain a country that is highly dependent on expensive fossil fuels to meet our ever-growing electricity demands. According to a World Bank study, Pakistan’s solar resource potential is so massive (1,600,000 MW according to some…
Read MorePakistan, China strategic partnership ensures global development: President
President Dr Arif Alvi Saturday said that all-weather strategic cooperative partnership between Pakistan and China envisioned a prosperous region with the establishment of economic and trade linkages through the China-Pakistan Economic Corridor (CPEC), a flagship of Chinese One Belt, One Road initiative. During an interaction with the Chinese media, the president said Pakistan and China enjoyed excellent relations which were…
Read MoreExclusive: U.S. talks to energy firms on EU gas supply in case of Russia-Ukraine conflict
The U.S. government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two U.S. officials and two industry sources told Reuters on Friday. The United States is concerned Russia is preparing for the possibility of a new military assault on the country it…
Read MoreEnergy operators working to blend 20 per cent of hydrogen fuel into regular gas grid from 2023
Energy operators of the gas grid said this morning they will have the capacity to blend 20 per cent of hydrogen fuel into the regular gas grid from next year. This means the grid will be able to deliver more hydrogen to households across Britain, a move that could see a drop in households’ carbon emissions. “Whether it be heating…
Read MoreCarbon Offsets Have an Integrity Problem. COP26 May Help Fix It
The global agreement reached at the United Nations’ COP26 summit in Glasgow last weekend may help solve one of the trickiest problems in climate policy: how to boost confidence in the voluntary market for carbon credits. Such credits, or offsets, allow companies to pollute at home in exchange for investing in greener projects elsewhere. Voluntary markets are currently something of a…
Read MoreNatural gas inflow to Turkish system hit historic high in 2021
Natural gas inflow to Turkey’s gas network saw a year-over-year increase of around 23.2% to 61.6 billion cubic meters (bcm) in 2021, according to data from the Turkish Petroleum Pipeline Corporation (BOTAŞ). In 2020, around 50 bcm of natural gas was distributed through the Turkish natural gas system. As the country’s natural gas export volume is relatively low, it is…
Read MoreChinese manufacturers mull relocating units to Pakistan: Khalid Mansoor
China-Pakistan Economic Corridor (CPEC) tsar Khalid Mansoor said on Thursday Chinese businesses have shown willingness to relocate their production facilities to Pakistan if the ongoing trade war between China and the United States escalates further. Speaking at a conference of business leaders, the special assistant to the prime minister on CPEC affairs said two to three investors have approached him…
Read MoreNepra allows Rs4.30 per unit tariff hike
Amid a dissenting note by two of its members and despite 67 per cent of power coming from cheap domestic resources with static prices, the National Electric Power Regulatory Authority (Nepra) on Thursday allowed ex-Wapda distribution companies (Discos) to charge their consumers an additional fuel cost of Rs4.30 per unit during the current billing month to mop up about Rs35…
Read MorePetrol, diesel prices likely to rise by over Rs5 per litre
The prices of key petroleum products are estimated to jump by up to Rs6.30 per litre on Jan 15 for the next fortnight, mainly because of higher international oil prices. Informed sources said the prices of petrol (motor gasoline) and high-speed diesel (HSD) had been worked out to go up by about Rs5.30 and Rs5.80 per litre, respectively, based on…
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