Month: September 2021

Water Resources Federal Minister Moonis Elahi  visited WAPDA House, therein he was briefed about the development portfolio of WAPDA and the progress achieved so far on water and hydropower projects. Speaking on the occasion, the Federal Minister said that harnessing the water resources is a key to national development. That is why, the Federal Government is constructing water and hydropower projects in the country to improve water situation and increase the ratio of hydel electricity in the National Grid for providing low-cost energy to stabilize the economy and provide relief…

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Cooperation between Pakistan and Germany has grown considerably in the energy sector, said Federal Minister for Energy Muhammad Hammad Azhar. Talking to German Ambassador Bernhard Schlangheck, the minister appreciated the recent signing of implementation agreement for GIZ Pakistan’s Renewable Energy and Energy Efficiency-II (REEE-II) project worth €8.1 million. “The new Renewable Energy Policy approved by the Council of Common Interests is a major milestone in the energy transition of Pakistan,” he said. “The policy will drive a substantial shift to renewable sources in the power generation capacity.” He elaborated that…

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Yesterday Pakistan entered into a 664 Million US$ defence deal with Argentina (Sold 12 JF 17 Block 111) which UK told Pakistan not to do as both UK and Argentina fought for the Faukland Island in the past and according to UK, Argentina doesn’t have any other enemy to use these jets except The UK. The deal was approved today and in next hour NZ cancelled it’s tour. Now both Australia and England would cancel their tours to Pakistan as well.

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With a summary for increase in price of natural gas by up to 35 per cent on the table, the Cabinet Committee on Energy (CCoE) on Friday approved a flat tariff of Rs12.96 per unit for electricity consumers across the country on additional consumption for four winter months in an effort to promote use of electrical appliances for heating room and water. The CCoE meeting presided over by Planning Minister Asad Umar “approved the summary submitted by Power Division on the winter incentive package on incremental consumption for all domestic,…

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The Cabinet Committee on Energy (CCOE) has turned down a proposal for a massive increase in gas tariff of up to 36%, fearing political backlash.The Petroleum Division submitted a summary for revision in gas slab tariffs for domestic consumers covering winter months from November 2021 to February 2022.Sources said that CCOE observed that there would be political consideration of the proposed increase in gas tariff and therefore approval should be sought from Prime Minister Imran Khan.During the meeting, cabinet body members were of the view that the government should cap…

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