Year: 2020

Excess’ payments to IPPs: Prospects for Consensus Improve

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ISLAMABAD: Independent Power Producers (IPPs) and government’s team are said to have completed four rounds of talks but “crucial things” are yet to be tabled and agreed between the parties, well-informed sources told Business Recorder. The newly-constituted committee representing the government is headed by Chairman Federal Land Commission Babar Yaqoob Fateh Muhammad and comprises an officer of Power Division not below a Joint Secretary, Muhammad Ali, former Chairman, Securities and Exchange Commission of Pakistan and Barrister Qasim Wadood. However, now a senior officer of an intelligence agency, who played a vital…

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Duration of electricity interruption much higher in Pakistan: WB

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ISLAMABAD: The World Bank, in its first comprehensive stock-taking of infrastructure services in Asia, says although electricity access in Pakistan is in line with regional averages of 92.5 per cent, the average interruption duration and frequency values are much higher. This is apparent from frequent power outages due to loadshedding. Pakistan suffers from outdated facilities and a complex distribution system vulnerable to damage, the report says. The government plans to add capacity and diversify the energy sector by commissioning more hydropower plants, with Chinese support under the China-Pakistan Economic Corridor…

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9 Ways to Stop Using So Much Plastic

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9 Ways to Stop Using So Much Plastic August 4, 2020 Let’s get the bad news out of the way. You know when people casually joke about our country being a burning dumpster fire? They’re not totally wrong. America has a huge waste problem, and municipalities are now burning recyclables. Why? Because in 2017, China, which used to buy most of America’s discarded recycling, decided it was tired of being the world’s garbage bin. Unfortunately, the U.S. wasn’t totally equipped to do its own recycling. “A lot of places are…

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Pakistan’s olive oil producers prepare to enter global market: report

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ISLAMABAD: Pakistani olive oil producers are preparing to enter the global market as 27.5 million olive trees on more than 30,000 acres of land have been planted. The plantation extends through Punjab, Khyber Pakhtunkhwa, Baluchistan, Islamabad and Azad Kashmir, said a report published by Gwadar Pro on Wednesday. Pakistan has 10 million-acre suitable land for olive plantation, almost double than Spain, which is currently the largest olive oil producer in the world. With an increase in the area under cultivation, Pakistan is passing through a silent revolution in olive oil production.…

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Fish-friendly hydropower plant makes debut in Germany

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The world’s first ‘shaft hydropower plant’, with the turbine concealed in a shaft in the river bed, is now operating in Germany. This plant was built on the Loisach River in a Bavarian nature reserve. The new plant concept was developed at the Technical University of Munich (TUM), and scientists say it allows fish to pass freely over the power plant on their migration downstream. TUM says: “The environmental standards for new plants are virtually impossible to fulfil in Germany and many other countries. While hydropower plants can contribute to…

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