Day: July 24, 2020

CPEC projects unaffected by Covid-19, say officials

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ISLAMABAD: China-Pakistan Economic Corridor (CPEC) projects have not only remained unscathed by the Covid-19 pandemic but Pak-China bilateral cooperation has increased during this period, officials and think tank representatives said on Thursday. They were speaking at a webinar on ‘New Oppor­tunities and Challenges of China-Pakistan Cooperation in the Post-Epidemic Era’, which was participated in by experts of Chinese and Pakistani think tanks. The webinar was organised by Pakistan-China Institute. Chinese Ambassador Yao Jing spoke about the cooperation between the two countries during the pandemic and said his country’s assistance for…

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Third spell of heavy rain, thunderstorm to hit Karachi on July 26

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The thunderstorms and gusts of winds before heavy rainfall are expected in the metropolis between July 26 and July 27. Photo: FilePakistan Meteorological Department (PMD) on Friday predicted the third spell of monsoon in Karachi where thunderstorms and gusts of winds before heavy rainfall are expected in the metropolis between July 26 and July 27. According to the met department chief Sardar Sarfaraz, a low-pressure area is expected in India’s Gujrat on July 24 that would enter Pakistan through Indian Rann of Kutch affecting the sea’s southwestern wind. Earlier on…

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Petroleum Companies Refuse to Cooperate With Investigation on Recent Petrol Crisis

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Chief Executive Officers (CEOs) of multiple petroleum companies nominated in the petrol crisis case have refused to appear before the investigation team carrying out the probe. According to details, a district and sessions court in Karachi is hearing a case on the recent artificial shortage, hoarding, and black marketing of petroleum products. The FIR of the case was lodged in Jackson police station by member fuel price committee of the petroleum division at the directives of DG Oil. CEOs of major oil companies including CEO of Gas & Oil (GO)…

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Fairtrade renewable energy: shedding light on clean energy’s dirty secrets

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The world is coming together on renewable energy. Trust in technology such as solar and wind power generation is increasingly reflected in the investment it receives from governments around the globe. In the UK, fairness to the consumer and affordability are at centre stage as the country look to eradicate fuel poverty on the road to a zero-carbon future. The Scottish government is considering a not-for-profit energy utility to compensate the consumer by reducing the amount of energy trading in the private sector. Elsewhere, an analysis of the value of…

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Increase in power tariffs approved by NEPRA

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ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Thursday approved increase in electricity tariffs of Discos for five months and reduction for three months under monthly fuel price adjustment mechanism to be passed on to consumers in August and September 2020. For November, 2019, Nepra approved an increase of Re 0.9824 per unit with positive financial impact of Rs 7.082 billion, for December 2019, Rs 1.8880 per unit, with a financial impact of Rs 13.800 billion, for January, 2020, Re 0.9380 per unit, positive impact Rs 7.010 billion, for February…

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