New Delhi: Speciality chemical company Anupam Rasayan India on Tuesday said it will invest Rs 43 crore to set up a 12.5 megawatt (MW) solar power plant. “In a conscious move towards reducing dependence on non-renewable energy and cost saving measure, Anupam Rasayan… has issued a letter of intent to install solar power by investing a sum of Rs 43…
Read MoreDay: May 5, 2021
Biden’s Road to Clean Energy Runs Through West Virginia Coal Country
Gerald Lucas, 69, is a former coal miner and federal mine inspector who now gives public tours underground at the Beckley, W.Va., Exhibition Coal Mine, a working mine that ceased operations in 1953. He describes it as a fun job that allows him to share his decades of experience with visitors. Lucas’s career change is becoming more common among West…
Read MoreAfter Historic Fall, Carbon Emissions Are Now Coming Back Fast
Pandemic restrictions in 2020 caused the largest absolute drop in carbon-dioxide pollution from energy use since World War II. But lockdowns eventually lifted, and as economic activity picked up, emissions resumed very quickly by year’s end. In December, worldwide emissions were 2% higher than the same month in 2019, according to new data from the International Energy Agency. Emissions from…
Read MorePakistan’s Oil Sales Saw 57% Increase In April 2021
The oil sales in Pakistan have seen a huge jump of 57% in the month of April 2021. The country recorded sale of 1.67 million tons of oil in the said month, compared to 1.07 million tons in April 2020. The Month on Month (MoM) sales were increased by 13%, from 1.49 million tons in March 2021. During the ten…
Read MoreGen Bajwa says no power on earth can sabotage CPEC
CPEC Authority Chairman Lt General (retd) Asim Saleem Bajwa Tuesday said no power on earth could sabotage China Pakistan Economic Corridor (CPEC) as it was the country’s national project. Addressing a ceremony at Karachi Chamber of Commerce and Industry (KCCI) here, he said CPEC, being a flagship project of the Chinese Belt and Road Initiative, had improved the road connectivity…
Read MoreGas production from Benari started
KARACHI: KARACHI: Pakistan Petroleum Limited (PPL) has commenced commercial gas production from Benari Development and Production Lease (Benari D&PL) in Shah Bandar Block with effect from May 3, 2021, a bourse filing said on Tuesday. The block is located in districts Thatta and Sujawal, Sindh and lies in the southernmost part of the Lower Indus basin. Benari X-1 well in…
Read MoreEnergy Projects Afoot To Improve Power Supply In Malakand Division
The government was taking tangible measures to resolve issues pertaining to low voltage and frequent disruption of power supply in Malakand division. As part of such efforts, three projects would be undertaken in different districts of Malakand division to improve voltage and provide uninterrupted power supply to domestic, industrial and agricultural consumers. Engr Malik Luqman Khan, KP Energy Department’s senior…
Read MoreFPCCI questions setting up of RLNG-based plant in Punjab
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) on Tuesday demanded that government explain the rationale behind approving the 1,263MW power plant being set up by Punjab Thermal Power Ltd in Jhang which is based on imported regasified liquefied natural gas (RLNG). In a statement, FPCCI President Mian Nasser Hyatt Magoo said the new plant will cost six…
Read MoreRs36 Billion Loaned Under Financing Scheme for Renewable Energy
Karachi: Total loans under the SBP’s financing scheme for renewable energy amounted to Rs36 billion as of February as the scheme has evolved over time and received strong response, the central bank governor said on Tuesday. As of February 2021, financing of around Rs36 billion have been extended for 521 projects producing approximately 850 megawatts, the State Bank of Pakistan…
Read MoreKE’s system: $650m BQPS-III project to add 900MW of generation capacity: governor
KARACHI: Sindh governor Imran Ismail on Tuesday visited K-Electric’s Bin Qasim Power Station-III (BQPS-III) project to review the progress on the latest addition to Karachi’s power network. The visit followed a meeting between KE’s senior leadership and the Governor Sindh where KE presented an update on the company’s preparedness for Ramazan and the 2021 summer season, said a spokesperson of…
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