Month: February 2021

Govt keen to produce renewable energy: Minister

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Punjab Minister for Energy Dr. Akhtar Malik has said that generation of low cost electricity from renewable energy sources is among top priorities of the provincial government.Dr. Akhtar Malik said that his department has set a target to reduce Punjab government’s annual electricity bill from Rs37 billion to zero. He said that the government schools, universities, jails, hospitals, and basic health centers (BHUs) across the province are being shifted to solar energy. RS4.1M RELEASED FOR HEIRS OF DECEASED LGH STAFFERThe Punjab Government on Tuesday released financial assistance grant of 4.1…

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Repaying personal debt always important issue for families

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Islamabad : Dr Ali Kemal, former Economic Policy Advisor, Federal SDGs Unit, Planning Commission, has said that repaying debt in Pakistan always was a pertinent issue for families. Dr Kemal was addressing a webinar and launch of a study ‘Household debt and indebtedness in Pakistan: estimates and implications’ organised by Sustainable Development Policy Institute (SDPI) in collaboration with Sustainable Energy and Economic Development (SEED) here Tuesday. Dr Kemal observed that a higher incidence of borrowing in Khyber-Pakhtunkhwa indicated in the report may suggest a better social capital in the province.…

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US Energy Crisis Deepens

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The energy crisis crippling Texas’s power system continued to spread, with nearly 5 million people across the U.S plunged into darkness as authorities fought to avoid a total collapse of the grid. Homes and businesses from North Dakota to Texas are losing power in the middle of an unprecedented deep freeze that has broken daily temperature records in hundreds of places. The blackouts are likely to continue throughout Tuesday with no firm end in sight as the cold weather is forecast to remain through Wednesday. Officials have reported two people…

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The Auto Industry Bets Its Future on Batteries

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As automakers like General Motors, Volkswagen and Ford Motor make bold promises about transitioning to an electrified, emission-free future, one thing is becoming obvious: They will need a lot of batteries. Demand for this indispensable component already outstrips supply, prompting a global gold rush that has investors, established companies and start-ups racing to develop the technology and build the factories needed to churn out millions of electric cars. Long considered one of the least interesting car components, batteries may now be one of the most exciting parts of the auto industry. Car manufacturing hasn’t fundamentally…

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Sindh province in Pakistan is rich in wind energy reserves

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Ruichen Hong, a scholar of Green BRI Centre, has said that Dawood Wind Power Station not only can improve energy situation in Pakistan, but also brings benefits to the Pakistani society. Hong, in an interview, said many countries of the Belt and Road Initiative (BRI) were among the world’s major energy producing and consuming countries. Meanwhile, they are mostly developing countries, with the requirement to continue expanding its energy markets, according to a report published by China Economic Net (CEN) here on Monday. Power shortages have been a major constraint…

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