Year: 2021

Failure to implement structural reforms: Lack of policy consensus within govt biggest culprit, says Tabish

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Ex-SAPM on Power and Petroleum Tabish Gauhar finally spoke his mind on Saturday, after lapse of 12 days since his resignation on September 21 while tweeting his 2,523 worded account of what he observed and learnt being part of the government for one year. He touched upon the vital issues including the structural reforms in energy sector, fear of NAB impeding the decisions out of box solutions, and role of ‘mafia’ operating in energy sector issues. He also pinpointed political meddling into energy related affairs apart from highlighting the media…

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Will it impact China investment in Bangladesh’s power sector?

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Chinese President Xi Jinping, in his official statement at the General Debate of the 76th Session of the United Nations General Assembly on September 21, announced that China would step up support for other developing countries in generating green and low-carbon energy and would not build new coal-fired power projects abroad. Such a statement from the top leadership of China has important future implications for the clean energy and power sector across developing countries since China is a major investor/builder in the coal-fired power sector across developing Asia, including Bangladesh.…

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Distributed generation continues on a steep growth trajectory

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The National Electric Power Regulatory Authority (Nepra) has issued a total of 8,417 net-metering licences with the accumulated capacity of 146MW during FY21. The growth of distributed generation in Pakistan reveals a very steep positive trend line; from 1MW in 2016 to 3MW in 2017, 10MW in 2018 and then a sudden big jump in 2019 with the addition of 32MW, registering a growth of 220 per cent from 2018/19. “There has been a growing trend for net-metering, as well as distributed generation through solar plants for [the] sale to…

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LCCI urges SBP to help arrest ‘dollar flight’

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The Lahore Chamber of Commerce & Industry on Saturday urged the State Bank of Pakistan to make appropriate market interventions to stop the dollar flight as it is adversely impacting a number of important sectors of our economy. In a statement, President of the Lahore Chamber of Commerce & Industry Mian Nauman Kabir, Senior Vice President Mian Rehman Aziz Chan and Vice President Haris Ateeq said that Pak-rupee fall has far-reaching implications including increasing the cost of production and inflationary pressure. They said that the local industry is dependent on…

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British High Commissioner launches ‘Race to Zero’ bid in Pakistan ahead of COP 26 Climate Change Conference

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British High Commissioner Dr Christian Turner has been visiting Karachi to launch the race to get 26 companies operating in Pakistan to commit to net zero emissions by 2050. So far 12 companies in Pakistan are committed – including one after meeting the High Commissioner on his visit. With one month to go until the COP 26 global climate change conference hosted in the UK, the UK Government is looking for more to take the leap. Globally more than 3,000 companies have signed up. The High Commissioner’s visit was part…

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