Year: 2020

PM Imran admits ignorance about Pakistan’s power sector woes before taking office

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LAHORE – Prime Minister Imran Khan has admitted he was not fully aware of how bad Pakistan’s financial situation was when he came into power two years ago. The cricketer-turned politician, who became the 22nd premier of the South Asian country in 2018, appeared on a national TV for an interview to share, “Before becoming the prime minister, I was incognizant of how circular debt of the country rises”. He told the host of Samaa’s NewsBeat that he did not have a button to turn everything right, adding that when he came…

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WAPDA under a Dynamic Chairman Overcoming water shortages, completion of huge multiple projects get underway:

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Daily Pakistan Observer interviewed him to learn about his contribution in bringing back the past glory of WAPDA and it is being presented for the readers in the form of questions and answers.PO: What are your achievements as Chairman WAPDA from the year 2016 onward after taking the charge of this office?CW:The base of whatever we developed in WAPDA was provided by our predecessors and as per history of WAPDA it played a core fundamental role in development of Pakistan. After its inception in 1958, WAPDA has played a very…

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The economics of a greener coal in Thar Coalfields

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Speaking at the Climate Ambition Summit, Prime Minister Imran Khan took a clear position that Pakistan will not be utilising coal for power generation, and that indigenous coal would be used to produce energy either through ‘coal to liquid’, or through ‘coal to gas’, such that coal does not have to be burned. The idea is a moonshot, but with the right set of policy actions, and direction, it is certainly possible. Pakistan has one of the largest lignite reserves in the world at Thar Coalfields, which it started mining…

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Competitive power market consultation begins tomorrow

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) will begin on Tuesday (tomorrow) public consultation over a plan it had approved last month to set off operations of wholesale competitive electricity market in April 2022. The design and implementation plan of the Competitive Trading Bilateral Contract Market (CTBCM), which was approved last month, entails action plans from institutional restructuring and strengthening the policy and regulatory framework, with its main objective being gradually introducing competition through non-discriminatory open access for all market participants and bringing transparency, predictability and credibility in the…

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First Turkey-China freight train reaches its destination in historic trip

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In a major milestone, the first train carrying goods from Turkey to China has reached its destination, Turkey’s transport and infrastructure minister said. “Announcing Turkey’s power in logistics to the world from every city it passed through, the China Export Train is our victory in rail transport,” Adil Karaismailoglu wrote on Twitter. The train set off from Istanbul on December 4 and covered a distance of 8,693 kilometres across Turkey, Georgia, Azerbaijan, the Caspian Sea, and Kazakhstan to reach China’s Xi’an city. It followed the Trans Caspian East-West Middle Corridor…

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