Day: May 5, 2021

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 crore,” the company said in a regulatory filing. The company said the entire capital expenditure of Rs 43 crore will be funded from the its IPO proceeds. The size of…

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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 Virginians as the rural state of 1.8 million moves toward a new economy in which coal is no longer king. The state, which had a poverty rate of 16% in…

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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 energy fell by about 2 billion metric tons, or 5.8% in 2020, from the prior year. Such a plunge “is without precedent in human history — broadly speaking, this is…

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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 months of the current fiscal year, the overall oil sales were increased by 19% at 15.83 million tons, against 13.34 million tons in July-April 2020. Petrol and Diesel Sales:Coming to…

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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 between the two countries and would do so further. On eastern alignment of CPEC, Bajwa said only one section Sukkur-Hyderabad was left that had already been launched by Prime Minister…

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