Month: March 2021

Pakistan, Denmark Team Up For Renewable Energy Cooperation

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Underscoring the need for strategic energy cooperation between Pakistan and Denmark, both the countries have formed a joint technical working group to develop terms of reference (TORs) for government-to-government (G2G) agreements focusing on energy audit and demand forecast of the Asian nation.This transpired on Monday when Federal Minister for Energy Omar Ayub Khan held a virtual meeting with Danish technical energy team along with Lis Rosenholm, Ambassador of Denmark to Pakistan. Special Assistant to Prime Minister on Power Tabish Gauhar and Secretary Power Division Zafar Ali Bhutta also joined the…

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Private sector likely to import LNG by April 21

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ISLAMABAD: The private sector is likely to start import of LNG by April 21, 2021 as grant of unutilised Liquefied Natural Gas (LNG) terminal capacity is currently in process. According to a private sector importer, the private sector has suggested some changes in third-party rules to the Oil and Gas Regulatory Authority (OGRA). “The amendment in OGRA third party rules is under discussion by the authority and may accommodate our suggestions before we start importing the LNG,” he said. The re-gasification volume is at around 1,000 Million Cubic Feet per…

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Guddu, Nandipur plants may be given to PSO

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The Cabinet Committee on Energy (CCOE) is likely to approve transfer of shares of Guddu and Nandipur power plants with management control to Pakistan State Oil (PSO) under an equity swap arrangement to clear circular debt. Sources told The Express Tribune that a deal would be struck to cover PSO’s receivables from the two power plants. They said that the Cabinet Committee on Privatisation (CCOP) had given directives for placing a summary before the cabinet body on energy for formal approval. PSO was supplying fuel to the two power plants.…

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60pc of energy mix to be clean energy by 2030: PM

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ISLAMABAD: Prime Minister Imran Khan Monday said that by 2030 the country’s 60 percent energy mix would be shifted to clean electricity production through solar, wind, and hydro power. The premier, in a letter to Crown Prince Muhammad bin Salman, not only expressed his delight over the Kingdom’s plan for launching “Saudi Green Initiative plantation of 10 billion trees in the Kingdom” but also shared experience of the provincial government of planting one billion trees from 2014-18. After successfully planting one billion trees from 2014 to 2018, “10 Billion Tree…

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Pak’s maiden electric bus hits the road in Karachi

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Sindh Transport Minister Syed Owais Shah, on Tuesday launched the country’s maiden electric bus in Karachi. Speaking to the media after the launching ceremony, he said more electric buses will be brought to the city’s roads in cooperation with the private sector. As many as 100 electric buses will hit the road by the end of this year, he announced. Minister for Science and Technology Fawad Chaudhry took to Twitter to congratulate the Sindh government, specially Chief Minister Murad Ali Shah and his ministry, on their “remarkable step to add…

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