Islamabad industry faces power outages after gas suspension: ICCI

The Islamabad Chamber of Commerce & Industry (ICCI) has shown grave concerns over the gas suspension to industry as well as electricity load shedding, saying these would badly affect industrial productivity and ultimately hurt the overall economy. ICCI President Sardar Yasir Ilyas Khan said that the supply of gas was stopped abruptly to various industries in Islamabad including steel re-rolling…

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CNG shutdown hikes fuel cost

Consumers of compressed natural gas (CNG) in Punjab will be forced to use expensive fuel due to supply disruption and the government will also have to import more petroleum products worth millions of dollars. It is estimated that with the closure of CNG stations, about one million users of the fuel will have to buy about 15 million litres of…

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End to coal power brought forward to October 2024

From 1 October 2024 Great Britain will no longer use coal to generate electricity, a year earlier than planned, Energy and Climate Change Minister Anne-Marie Trevelyan announced yesterday (Wednesday 30 June 2021). The move is part of ambitious government commitments to transition away from fossil fuels and decarbonise the power sector in order to eliminate contributions to climate change by…

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China is facing its worst power shortage in a decade. That’s a problem for the whole world

China is in the middle of a huge power crunch as extreme weather, surging demand for energy and strict limits on coal usage deliver a triple blow to the nation’s electricity grid. It’s a problem that could last for months, straining the country’s economic recovery and weighing on global trade. Several Chinese provinces have said they are facing a power…

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NEPRA not consulted on LNG terminal closure

The National Electric Power Regulatory Authority (Nepra) on Tuesday said that government had not taken it into confidence while taking the decision to shut down the LNG terminal. The regulator is likely to reduce power tariff by 28.66 paisa per unit for the month of May under Fuel Charges Adjustment (FCA). Presiding over hearing on the petition of Central Power Purchasing Agency…

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Reon Energy Announces Commissioning of 14.3 MW Solar Power Project at BCL Farooqia Plant

Bestway Cement and Reon Energy Limited today energized 14.3 MW captive Solar Power Project at Farooqia, Khyber Pakhtunkhwa. The Solar Photovoltaic Plant is part of around a 50 MW project deal dispersed across Bestway’s four locations i.e., Farooqia, Chakwal, Kallar Kahar and Hattar. The deal between Bestway and Reon is the largest distributed energy project in the region to date. The project is owned and financed by Bestway. The Solar PV project is expected to produce approximately 78,385 MWh (Megawatt hours) annually.  The output energy will be used on-site resulting in substantial…

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