Month: June 2022

The government has decided to convert 3,960 MW of electricity generated from imported coal onto local coal of Thar to stop consuming the costly foreign exchange reserves for the import of coal, which is no longer available at low prices. The coal price has shot up to $400 per metric ton, a senior official at the Energy Ministry told The News. “The average per-unit cost of coal-based electricity used to be at Rs4-5 per unit, which has swelled to over Rs18 per unit, mainly because of an increase in imported…

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Pakistan High tech sector is committed to upholding the highest level of defense preparedness”, was stated by Dr. Haroon Qureshi, President of Pakistan Aerospace Council in his speech at a dinner hosted in honour of Air Marshal Shahid Hamid (Retd) and Air Marshal Arshad Malik (Retd) for their lifetime achievements and services to Pakistan Aerospace & Defence Sector. Air Marshal Muhammad Mughees Afzal, Chairman Pakistan Aeronautical Complex,Air Marshal Ahmed Hassan Marwat, Deputy Chief of the Air Staff (Engineering) and Executives from 25 member companies of Pakistan Aerospace Council also attended…

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Italian company Eni on Sunday joined Qatar Energy’s $28.75b project to expand production from the world’s biggest natural gas field, days after Russia slashed supplies to Italy. Eni will own a stake of just over 3pc in the North Field East project, Qatar Energy’s CEO told a signing ceremony in Doha. Qatar announced last week that France’s TotalEnergies will be its first, and largest, foreign partner on the development, with a 6.25pc share. An unknown number of companies are also set to be named. “Today I’m pleased… to announce the…

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Once known for its scenic beauty, habitat and natural streams, the federal capital has been fast losing its elegance due to unruly population and housing societies growth threatening its ecosystem and serenity. Its natural streams flowing out of perennial and seasonal springs of the Margalla Hills have turned into filthy and stinky drains as city manager had failed to put in place proper waste disposal mechanism. Rapid growth in population and massive construction in catchment areas continued to pollute streams emanating unpleasant odor throughout the city, besides turning brooks into…

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Chief Minister Punjab Hamza Shahbaz on Saturday presided over a meeting for a proposed programme to install solar water plants in the remote areas of Cholistan. Commissioner Bahawalpur division gave a briefing with regard to installing solar water plants in Cholistan. The proposed project is believed to increase rain In Cholistan by means of latest technology was also reviewed. The CM while addressing the meeting revealed that the government has chalked out a programme to install solar water plants in the remote areas of Cholistan, adding that human beings along…

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