Month: September 2021

Sharjah Generated 5.4 Billion Kilowatt-Hours In H1: SEWA

Admin

Energy generated in the Emirate of Sharjah amounted to 5.4 billion kilowatt-hours during the first half of the year, according to latest statistics by the Sharjah Electricity, Water and Gas Authority (SEWA). Figures indicated that the residential sector in the Emirate of Sharjah is the most in consuming electricity at 41.19 percent, and the commercial sector is in 2nd place with 35.18 percent, followed by the government sector with 12.03 percent, then the industrial sector by 11.48 percent, and the agricultural sector by 0.13 percent. Engineer Issa Obaid Al Suwaidi, Director of Electricity Production at SEWA, confirmed that the strategy of implementing SEWA projects in the field of…

Read More

Govt likely to approve payment to IPPs today

Admin

The Federal Cabinet which is scheduled to meet on Tuesday (today) with Prime Minister Imran Khan in the chair, is likely to approve payment of Rs 52.432 billion, 40 per cent of the total amount payable to 11 Independent Power Producers (IPPs of 2002 policy), import of 50,000 tons of sugar and Kamyab Pakistan Programme (KPP). The KPP has been streamlined in consultation with stakeholders to disburse micro-credit for uplifting marginalized segments of society. KPP has five components namely (i) Kamyab Karobar (ii) Kamyab Kissan (iii) Naya Pakistan low-cost housing…

Read More

China’s overseas coal power retreat could wipe out $50 bln of investment

Admin

China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal programme is still propping up the dirty fossil fuel. Chinese President Xi Jinping said in a pre-recorded address at the United Nations General Assembly on Tuesday that China would help developing countries build green energy production and halt construction of coal power plants abroad. China has been under international pressure to announce an end to overseas coal financing as part of its…

Read More

GOVT TO RESOLVE ISSUES TO CNG SECTOR, SAYS SHAUKAT TARIN

Admin

A delegation of All Pakistan CNG Association (APCNGA) led by its chairman Khalid Latif called on Finance Minister Shaukat Tarin at the Finance Division on Monday, ARY News reported. Federal Board of Revenue (FBR) Chairman Muhammad Ashfaq Ahmed, Oil and Gas Regulatory Authority (OGRA) Chairman Mansoor Khan, senior officers from the Petroleum Division and representative of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) also participated in the meeting. The APCNGA chairman briefed the Finance Minster about the operations of the CNG sector in Pakistan. Khalid Latif said that…

Read More

Saudi Envoy Lauded RE Policy of GOP

Admin

Federal Minister for Energy Muhammad Azhar received His Excellency Nawaf bin Saeed Al-Maliki, Ambassador of Saudi Arabia to Pakistan in his office today. The sides discussed matters of mutual interest relating to on-going bilateral cooperation in the energy sector.The Minister apprised the Ambassador of government’s initiatives in energy sector focusing on induction of renewable energy policy to harness local resources for power generation and; said that revival of exploration and production activities in oil & gas sector would attract investment in the country. The Minister also highlighted expeditious steps taken…

Read More