Month: January 2022

Haque Nawaz joins board of Gas & Oil Pakistan

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Haque Nawaz has joined the Board of Directors of Gas & Oil Pakistan Ltd. He holds master’s degrees in Business Administration and Organic Chemistry. Mr Nawaz is a director at the board of Bank of Azad Jammu & Kashmir since June 2021 and has previously worked as the acting Auditor General of Pakistan. He also served as Joint Secretary as well as Additional Finance Secretary in the Finance Division. Mr. Nawaz has also been associated with the Pakistan Military Accounts Department and the Ministry of Foreign Affairs as Deputy Chief…

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REAP, PSA demand immediate withdrawal of tax proposal to impose 17pc GST on renewable energy equipment in Pakistan

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KARACHI: Both the Renewable & Alternative Energy Association of Pakistan (REAP) and the Pakistan Solar Association (PSA) have urged the federal government to immediately withdraw its proposal to impose 17 per cent GST on solar and wind power generation equipment as otherwise Pakistan’s continuing drive to ensure its energy security through clean power sources would be severely compromised. A press statement issued by the REAP quoted its Chairman, Muhammad Tariq Khattak, as saying that this highly controversial and ill-conceived proposal could set the nation on an accelerated energy poverty slide…

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85 locations identified for EV charging stations at motorways

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There are up to 85 locations across motorways, which are available for the development of DC-fast charging infrastructure for Electric Vehicles (EVs) to prevent ‘range-anxiety’ in adoption of modern electric cars in the country, a report identified. Titled ‘Developing Electric Vehicle Charging Infrastructure Across Highways and Motorways of Pakistan’, the report was prepared to highlight the issues and potential being faced by the users in adoption of EVs by the LUMS’ energy institute in collaboration with the ministry of Climate Change and the National Center in Big Data and Cloud…

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Price of compromised sovereignty

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The most recent wake-up call for the Pakistani elite was last week’s mini budget. Nearly every aspect of this mini budget exposes a profound crisis at the heart of what is and what will be Pakistan for the over 110 million Pakistanis below the age of 23. Let’s count some of the more obvious crises to begin with. Shaukat Tarin, the finance minister was left dangling despite a six-month timeline afforded to the good folks that brought him into office in the first place, to convert his status to one…

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SSGCL facing 250mmcfd shortfall

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Sui Southern Gas Company Ltd (SSGCL) has said that it is facing a shortfall of around 240-250 million cubic feet per day (mmcfd) of gas primarily because of depleting indigenous supplies and constant increase in demand. Clarifying a news report published in Dawn’s Jan 2 issue under the headline ‘Eight-hour gas supply hampering Karachi export industry’, the gas utility said that in January 2021 around 1,010mmcfd average gas was available for supply compared to 940 mmcfd in December 2021. A similar situation is likely to persist in the ongoing month…

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