Month: June 2021

Getz Pharma takes the LEED NEW MANUFACTURING PLANT ‘ASTOLA PROJECT’ TAKES THE LEAD

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Getz Pharma Pvt. Ltd. announced today that its new manufacturing facility, named Astola, has been awarded the First LEED Platinum Certification for a pharmaceutical plant in South Asia, by the U.S. Green Building Council. With this achievement, Pakistan has proudly become the first South Asian country to have received the LEED Platinum Level Certification for a pharmaceutical plant. Achieving the highest LEED rating for this state-of-the-art facility is a testament to Getz Pharma’s commitment towards playing its part as a corporate citizen, for preserving and protecting the environment.Getz Pharma believes…

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NEPRA revises tariff for K-Electric during Jul-Dec 2020

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The National Electric Power Regulatory Authority (Nepra) has revised the seven- month tariff for K-Electric on account of fuel adjustment. It allowed the power utility to increase the rates for July, August, September and December 2020, and decrease the tariff for June, October and November 2020. Nepra issued a decision on Friday relating to revision in tariff for K-Electric on account of fuel adjustment for June 2020 to December 2020 in the matter of K-Electric. NEPRA allowed Rs0.7256 per unit increase for July 2020, Rs0.3078 per unit for August, Rs0.710…

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Govt plans to introduce more slabs for electricity consumers

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The government is making its mind to introduce more slabs for electricity consumers to ensure the implementation of targeted subsidies in the next budgetary year 2021-22. “Yes, we are working on it and will carve out slabs starting from 200-300 units 301-400 units, 401-500 units, 501-600 units and 601-700 units and so on for ensuring the targeted subsidy,” SAPM on Power and Petroleum Mr Tabish Gauhar confirmed the development. He said that right now the consumers who use 301 units and 699 units are getting the same subsidy which is…

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New IGCEP for power capacity planning

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A new Indicative Generation Capacity Expansion Plan (IGCEP) has been submitted by the National Transmission and Despatch Company (NTDC) for the regulator’s approval. There are some questionable recommendations made in the model that we will discuss in this space. Should we adopt the recommendations because a computer model has been used or we should apply our minds, analyse and evaluate it keeping in view some peculiarities? Also, all models should be taken with a pinch of salt as there are many issues related to assumptions, methodologies and data accuracy. On…

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Pakistan Railways to shift 155 stations to solar power

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Our national railways are apparently going solar. Pakistan Railways recently announced that it is looking to shift 155 railway stations to solar energy. The directive will be taken under the government’s policy to use alternative environment-friendly energy resources. Pakistan Railways Public Relations Director Nazia Jabeen in a statement said that the total cost of the project would be Rs450 million. In the first phase, to be started after the presenting of the federal budget for 2021-22, she said that 81 railway stations would be equipped with backup of 8 hours…

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