Waste-to-Energy: The way forward in waste management

Millions and millions of tons of trash is dumped every day, globally, either on landfill sites; to be recycled later or directly into oceans. A huge quantity of trash accumulated by the oceans creates havoc for marine life, in fact due to ‘oceanic littering’ and other human activity; various areas are on the verge of an ecological disaster, whereas coral reefs and precious indigenous marine life is on the brink of extinction. Although, some states have ramped up conservation efforts to save oceans from the lingering disaster, however, these efforts…

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Carbon Dioxide Levels Hit New Record; UN Says

UNITED NATIONS, (APP – UrduPoint / Pakistan Point News – 24th Nov, 2020 ) :Levels of carbon dioxide (CO2) in the atmosphere hit a new record of 410.5 parts per million in 2019, and are expected to keep rising this year, the World Meteorological Organization (WMO), a United Nations (UN) agency, said in its annual Greenhouse Gas Bulletin on Monday. “We breached the global threshold of 400 parts per million in 2015. And just four years later, we crossed 410 ppm. Such a rate of increase has never been seen in the history of our records. The lockdown-related fall in emissions is…

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Energy relief package unlikely to benefit SMEs

LAHORE: The garment industry has urged the government to remove the condition of extra electricity consumption to make its relief package more practicable for small and medium enterprises (SMEs). The prime minister’s energy relief package could only benefit larger units, which were working in multiple shifts, whereas the SME sector was working in a single shift and was not in a position to avail itself of the relief in peak-hour electricity rates, said participants of a meeting of the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA). Speaking on the…

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Industry rejects SSGC’s plea for gas price hike

ISLAMABAD: Major stakeholders including commercial and industrial representatives on Monday opposed increase in prescribed gas prices demanded by the Karachi based Sui Southern Gas Company Ltd (SSGCL) to meet its revenue requirements for the current fiscal year. Instead the All Pakistan Textile Mills Association (Aptma) made a case for cut in the well-head gas price to reduce the cost of gas supply and cover up SSGCL’s revenue gap. This was also supported by the SSGCL. Other key stakeholders including car manufacturers, ceramics association and Karachi Chamber of Commerce and Industry…

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SNGPL proposes steep hike in gas prices

ISLAMABAD (Dunya News) – Sui Northern Gas Pipelines Limited (SNGPL) has requested to impose an additional burden of more than Rs 250 billion on its consumers. OGRA will hold a public hearing on SNGPL’s proposal on November 26. According to Oil and Gas Regulatory Authority (OGRA), Sui Northern has demanded an increase of Rs 773.50 per MMBTU in gas price from July 1, 2020. It has proposed to fix the average price of gas at Rs 1,404.91 per unit. In terms of operating income, an increase of Rs 60.41 per…

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Pakistan’s economy: somewhere it all went wrong

KARACHI: Fun fact: between 1960 and 1990, Pakistan’s GDP growth was higher than that of South Asia for all but just five years. In the last 30 years, however, it has been higher in only two annual readings, according to World Bank data. A remarkable reversal for a country that posted its highest population growth rate in the 1980s, suggesting that greater economic activity would be needed to maintain the same standard of living. The time-period division has not been made to imply that a U-turn was made precisely in…

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Grant awarded for efforts to transform oil and gas wells to geothermal power generation

In a release Colorado, U.S.-based Transitional Energy announced it has received a $500,000 Advanced Industries Grant from the Office of Economic Development and International Trade (OEDIT). OEDIT provides these grants to proof-of-concept and early stage companies to support the commercialization of innovative technologies and products that support the Colorado economy. Transitional Energy will use these funds to support the development and conversion of oil and gas wellbores and associated infrastructure into geothermal power generation facilities. Oil and gas production has long been a key industry underlying Colorado’s economic growth. As…

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For turning MoUs into amended PPAs: Govt, 47 IPPs set to embark upon crucial talks from tomorrow

ISLAMABAD: The crucial round of talks between the government and IPPs to turn the MoUs into amended Power Purchase Agreements (PPAs) will start from tomorrow (Tuesday) on Payment Mechanism of dues that has been finalised by top notches of the Power Division and finance ministry with the World Bank, a top official of the Power Division told The News. “As many as 47 IPPs installed plants under power policies 1994, 2002 and 2006 that signed MoUs on August 13, 2020 and over three-month period has elapsed and so far there…

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Women in Energy and Women Engineers Pakistan Host Largest Digital Job Fair STEM Forward 2020

More than 1400 students, engineers and energy-sector professionals from Pakistan, South Asia and across the globe participated in the first ever digital job fair during the pandemic time. This two-day event is organized byWomen In Energy Pakistan (WIE) in partnership with fellow women-led communities,Women Engineers Pakistan, Women In Tech PK, and Code Girls, to promote workforce participation of women in the STEM and the Energy sectors. STEM Forward 2020 Job Fair was designed in response to COVID-19 to it help connect anxious fresh graduates and young professionals with STEM and…

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Revision in IPPs’ agreements to reduce per unit cost by Rs 1.4: Asad Umar

Minister for Planning, Development and Special Initiatives Asad Umar Monday said that review in agreements with Independent Power Producers (IPPs) would help reducing the per unit price of electricity by over Rs 1.4. In 2022, the price would go down by Rs 0.74 while in 2023, it would be cut by Rs 0.66 per unit, the Minister said while talking to media here. With the agreements with IPPs, the consumers would get a huge relief of over Rs300 billion in three years, Said Asad. He said the government decided to…

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