A cabinet body on Monday deferred approval of a World Bank dictated new power generation capacity plan after governments of Khyber-Pakhtunkhwa (K-P) and Punjab raised issues of adverse impact of the plan on relations with China and economic growth. The meeting of the Cabinet Committee on Energy (CCOE) had been called to give approval of the Indicative Generation Capacity…
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In Jordan, one of the most water stressed countries in the world, people have become used to living with very little water.A study published in the Proceedings of the National Academy of Sciences showed that Jordanians will have to halve their per capita use of water by the end of the century. Most Jordanians on lower incomes will live on…
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CASA-1000 is a power transmission project from Tajikistan and Kyrgyzstan passing through Afghanistan to Pakistan. TAPI is a gas pipeline project designed to import gas from Turkmenistan. While we need gas, we are beset by the problem of excess capacity, of which more is to come in the next 10 years. Projections are that the worse has yet to come…
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Minister Imran Khan on Friday welcomed the $85 million investment through Series B financing — the largest single private funding round in Pakistan’s history — in Airlift, a Lahore-based online shopping delivery service. Series B financing is the second round of funding for a company that has met certain milestones and is past the initial startup stage. “We welcome the…
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The Cabinet Committee on Energy (CCoE) on Friday asked the Petroleum Division to resubmit in its next meeting the draft of the Pakistan Oil Refinery Policy 2021 for approval after detailed deliberation and consensus with the stakeholders. The CCoE headed by the Federal Minister for Planning, Development and Special Initiatives Asad Umar, however, approved Power Division’s proposal seeking elimination of…
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Returning to power in Afghanistan after a 20-year absence, the Taliban have regained control of natural resources that a former mines minister of the country once said could be worth up to $3 trillion. That estimate was made toward the end of the last commodities supercycle in 2010 and could be worth even more now, after a global economic recovery…
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The Pakistan Army has paid tribute to Rashid Minhas — Pakistan Air Force (PAF) pilot officer who embraced martyrdom at the age of 20 during the 1971 war — on his 50th martyrdom anniversary. Minhas was awarded the Nishan-e-Haider for his bravery and became the youngest PAF officer to receive the highest valour award. “On 50th Martyrdom anniversary, we remember…
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My birding friend, Ahmer Ali Rizvi had been working on a documentary on flamingoes and I was excited to contribute content for it however possible. So when we found out from our birder friends that a flock of flamingoes had landed on our coastal belt, near Karachi, it couldn’t have been better timed for us to get more footage. Since…
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Finance Minister Shaukat Tarin said on Friday that he believed the energy sector to be the government’s “Achilles heel”, and it would take at least five to seven years to resolve the issues the sector was facing. Addressing businessmen at the Overseas Investors Chamber of Commerce and Industry, he said the government was trying to fix the problems the sector…
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Islamabad: Cabinet committee on energy (CCoE) on Friday approved exemption of generation license for small-scale RE-based systems up to 25 kW for net metering. CCoE approved the proposal of the Power Division for eliminating the need for generation licenses for small-scale RE-based systems (upto 25 kW) for net metering. The measure will greatly facilitate consumers who wish to install small-scale…
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