Day: July 27, 2021

The government is yet to submit an alternative plan for power sector management to the World Bank, the lead agency in this sector, or demonstrate the generation of an additional Rs 100 billion through enforcement measures prior to re-engaging with the International Monetary Fund for the sixth review under the $ 6 billion Extended Fund Facility (EFF). A senior member of the government’s economic team told Business Recorder on condition of anonymity that work on the power sector management plan remains incomplete and therefore it has not been submitted to…

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To promote and recognize Pakistan’s bright, young entrepreneurs, ‘Shell Tameer Awards 2021’ has been launched, opening the application process from now until August 8th. This initiative is part of Shell LiveWIRE – a global flagship programme, locally named Shell Tameer, for enterprise development, envisioned to strengthen local economies, by promoting entrepreneurship and innovation. Start-ups and innovators in their prototype stage are eligible to participate under six categories. ‘Clean Energy Solutions’ (CES) category includes disruptive technologies for access to energy, off-grid solutions, energy-efficiency etc. ‘Empowering Women’ (EW) category invites innovative tech…

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Pakistan and United States of America on Monday pledged to jointly work and boost bilateral cooperation for enhanced global climate action to protect world environmental ecosystems and the life on earth they feed, said the statement. https://www.facebook.com/v2.9/plugins/quote.php?app_id=106170627023&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fx%2Fconnect%2Fxd_arbiter%2F%3Fversion%3D46%23cb%3Dfc30a4346bc8e8%26domain%3Dnation.com.pk%26origin%3Dhttps%253A%252F%252Fnation.com.pk%252Ff10e5051d37f3e4%26relation%3Dparent.parent&container_width=779&href=https%3A%2F%2Fnation.com.pk%2F27-Jul-2021%2Fpakistan-us-pledge-to-work-for-global-climate-action&locale=en_US&sdk=joey Climate Change Ministry media spokesperson Muhammad Saleem told media persons that Special Assistant to Prime Minister Imran Khan on Climate Change Malik Amin Aslam and Former presidential candidate and US Special Envoy for Climate John Kerry made such pledge during their meeting in the British capital’s Kew Gardens on the heels of the pre-COP…

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Zi Solar, a leading renewable energy solution provider in Pakistan, has entered into partnership with Aeonus, a Korean global leader in renewable energy, for the deployment of Electric Vehicles (EV) charging and storage equipment in the country. The two companies will also collaborate in research and development to promote electric charging infrastructure and facilities in Pakistan. The collaboration is in line with the government’s objective to promote electric vehicles to improve the environment and to reduce the oil import bill. The collaboration also complements the Pakistan Electric Vehicles Policy 2020-2025…

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