Pakistan to conserve energy equivalent to 33,000 MW by 2025

The government has planned to save 3 Million Tone Equivalent of Oil (33,000 MW) by 2025 through energy efficiency and conservation. READ MORE: Pakistani Premier warns of possible refugee influx from India “We are aiming  for conservation of 3 MTOE till 2025 (33000 MW of electricity) through conservation in industry, building and transport, said Managing Director  National Energy Efficiency and Conservation Authority,…

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Can LNG Kill Oil?

Natural gas–the bridge fuel to our renewable future–is cleaner and cheaper than oil. If it’s the clearly green fuel and already widely used to generate power, why isn’t the whole world driving natural gas-powered cars in larger numbers? And can natural gas one day replace oil? Gas is so cheap right now that many producers are struggling to turn in…

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Irregularities Found at Pakistan’s Top Bank After U.S. Sanction By Faseeh Mangi

A Middle East operation of Pakistan’s largest bank displayed “significant irregularities” in dealings with politically exposed clients and screening some transactions, according to an inspection by the South Asian nation’s central bank that took place more than a year after the lender was shut out of the U.S. financial system. The findings are contained in a State Bank of Pakistan…

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Enertech breaks record of providing lowest tariff solar energy project

QUETTA: Enertech — a Kuwaiti shareholding company fully owned by National Technology Enterprises Company (NTEC) — provided a solar energy project with National Electric Power Regulatory Authority (NEPRA) in Balochistan by breaking record of providing lowest tariff of $3.76/kWh for its 500 MW project. According to a press release, the company provided lowest tariff determined for Independent Power Projects in the…

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