Year: 2021

THE broader dimension of China-Pakistan Economic Corridor (CPEC) is that it is a project of larger regional and political integration. Besides, CPEC provides economic prosperity for various regions of Asia, especially the economically deprived regions. Pakistan is a key state for the success of this project since it (CPEC) covers over 3000 kilometre area of Pakistani geopolocialitics. According to a recently published book, “The China-Pakistan Economic Corridor of the Belt and Road Initiative: Concept, Context and Assessment” CPEC is a project of immense significance for Pakistan and China. The book…

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It is increasingly getting clear that RLNG has issues of irregular pricing and there are other supply chain issues like availability of infrastructure. In the wake of dwindling local gas production, the government of Pakistan is almost frantically looking for closing the demand-supply gap. It is trying to divert gas from captive power plants to other sectors, a move that has been opposed by the textile sector. It appears that RLNG is no panacea, as it appeared earlier. There are many issues. Although, RLNG will remain a major gas resource…

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Punjab Minister for Energy Dr. Akhtar Malik has said that generation of low cost electricity from renewable energy sources is among top priorities of the provincial government.Dr. Akhtar Malik said that his department has set a target to reduce Punjab government’s annual electricity bill from Rs37 billion to zero. He said that the government schools, universities, jails, hospitals, and basic health centers (BHUs) across the province are being shifted to solar energy. RS4.1M RELEASED FOR HEIRS OF DECEASED LGH STAFFERThe Punjab Government on Tuesday released financial assistance grant of 4.1…

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Islamabad : Dr Ali Kemal, former Economic Policy Advisor, Federal SDGs Unit, Planning Commission, has said that repaying debt in Pakistan always was a pertinent issue for families. Dr Kemal was addressing a webinar and launch of a study ‘Household debt and indebtedness in Pakistan: estimates and implications’ organised by Sustainable Development Policy Institute (SDPI) in collaboration with Sustainable Energy and Economic Development (SEED) here Tuesday. Dr Kemal observed that a higher incidence of borrowing in Khyber-Pakhtunkhwa indicated in the report may suggest a better social capital in the province.…

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The energy crisis crippling Texas’s power system continued to spread, with nearly 5 million people across the U.S plunged into darkness as authorities fought to avoid a total collapse of the grid. Homes and businesses from North Dakota to Texas are losing power in the middle of an unprecedented deep freeze that has broken daily temperature records in hundreds of places. The blackouts are likely to continue throughout Tuesday with no firm end in sight as the cold weather is forecast to remain through Wednesday. Officials have reported two people…

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