Year: 2021

The western alignment routes of the China-Pakistan Economic Corridor (CPEC) will be completed in around three years while the country is entering the second phase of CPEC that primarily focuses on agriculture and mass industrialisation, said CPEC Authority Chairman Asim Saleem Bajwa.  Speaking to businessmen at the Karachi Chamber of Commerce and Industry (KCCI), he said that work on the western alignment was underway on the route from Islamabad to Dera Ismail Khan and from Dera Ismail Khan to Zhob.  “We have presented a roadmap to China and they have approved it,” he said, adding that…

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New Delhi: Speciality chemical company Anupam Rasayan India on Tuesday said it will invest Rs 43 crore to set up a 12.5 megawatt (MW) solar power plant. “In a conscious move towards reducing dependence on non-renewable energy and cost saving measure, Anupam Rasayan… has issued a letter of intent to install solar power by investing a sum of Rs 43 crore,” the company said in a regulatory filing. The company said the entire capital expenditure of Rs 43 crore will be funded from the its IPO proceeds. The size of…

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Gerald Lucas, 69, is a former coal miner and federal mine inspector who now gives public tours underground at the Beckley, W.Va., Exhibition Coal Mine, a working mine that ceased operations in 1953. He describes it as a fun job that allows him to share his decades of experience with visitors. Lucas’s career change is becoming more common among West Virginians as the rural state of 1.8 million moves toward a new economy in which coal is no longer king. The state, which had a poverty rate of 16% in…

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Pandemic restrictions in 2020 caused the largest absolute drop in carbon-dioxide pollution from energy use since World War II. But lockdowns eventually lifted, and as economic activity picked up, emissions resumed very quickly by year’s end. In December, worldwide emissions were 2% higher than the same month in 2019, according to new data from the International Energy Agency. Emissions from energy fell by about 2 billion metric tons, or 5.8% in 2020, from the prior year. Such a plunge “is without precedent in human history — broadly speaking, this is…

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The oil sales in Pakistan have seen a huge jump of 57% in the month of April 2021. The country recorded sale of 1.67 million tons of oil in the said month, compared to 1.07 million tons in April 2020. The Month on Month (MoM) sales were increased by 13%, from 1.49 million tons in March 2021. During the ten months of the current fiscal year, the overall oil sales were increased by 19% at 15.83 million tons, against 13.34 million tons in July-April 2020. Petrol and Diesel Sales:Coming to…

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