Day: May 3, 2021

Vietnam is experiencing a solar boom, with 11.6 GW of power of this kind added to the national grid last year, according to the International Renewable Energy Agency. Only 105 MW of solar electricity was installed in the country in 2018, and the figure rose to 5 GW in only a year later, and even to 16.5GW in 2020, the article said, adding this is a considerable increase as compared to other nations at the same time. As demand for energy in this Southeast Asian country is forecast to shoot…

Read More

The policies followed by governments in the power sector after 1977 have greatly damaged the country’s economy. Shortage of electricity and high cost affected all sectors. Our country – having a hydroelectric potential of 100,000MW, and 87 known projects capable of producing 65,000MW of cheap and non-polluting energy – has been relying only on thermal sources, largely imported. Pakistan’s installed power capacity is 38,719MW, with only 27% hydel. But since the previous government did not focus on building the required transmission and distribution infrastructure at the required time, even the…

Read More

The climate change ministry is pursuing a multi-pronged policy to increase the share of renewable energy up to sixty percent in the national economy by 2030. According to the data shared by the ministry, it achieved early successes when it convinced the government to remove the cap on solar energy share in the national grid, shelve the policy of importing coal and introduce electric vehicle policy. The data showed that renewable energy technologies would be fully deployed so they provide a higher targeted proportion of the national energy supply mix,…

Read More

The Pakistan Industrial and Traders Association Front Chairman Mian Nauman Kabir on Sunday rejected the government’s plan of imposing additional taxes of billions of rupees in the upcoming federal budget 2021-22, besides withdrawing duties and tax exemption of about Rs360 billion, leading to a new wave of inflation in the country. The PIAF Chairman, in a joint statement with vice chairman Javed Siddiqi, said that that the regular attempt of economic managers to impose new taxes and increasing oil prices along with the hike in power and gas tariffs will…

Read More

The state-run Oil and Gas Development Company Limited (OGDCL) has complained to the government over unfair treatment of liquefied petroleum gas (LPG) business of domestic producers against the imported commodity and demanded a level playing field. The OGDCL has reported to the government that serious challenges of LPG supply and uplifting are being faced by the domestic LPG producers due to subsidised LPG imports and their requests over the last five months were not being heeded to. In a letter to Petroleum Secretary Mian Asad Hayau-ud-Din, OGDCL Managing Director Shahid…

Read More

Pakistan has immense potential for generating electricity through solar power. Almost all parts of the South Asian country are dry and hot, barring a few areas in the northwest. However, the country currently only produces a meager 1.16% of its electricity through solar power and 64% with fossil fuels. Other electricity sources include hydropower at 27% and nuclear at 5%. Renewable energy sources count for only 4% of total electricity production. Despite being located in a region severely affected by climate change, Pakistan continues to invest in environmentally unfriendly methods…

Read More