The international energy demand/supply imbalance has resulted in a steep rise in the cost of energy inputs. Pakistan cannot control the international geopolitics behind the crisis, but taking emergency countermeasures to fix our energy situation is certainly possible. In this article, I will argue why we need to launch a major programme of solar roof-tops to handle the current crisis…
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August 7 (ANI): Amid the severe energy crisis,Pakistan sought a six-year Liquefied Natural Gas (LNG) supply contractfrom international trading companies, by issuing a two-part tender seeking bid prices. Pakistan is heading towards a severe energy crisis in the coming monthswithout the proper LNG supply required to generate electricity, fuelindustries, and household consumption.Last month, the 5-year LNG term agreement with GUNVOR…
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Asia now hosts about one-fourth of the world’s operational nuclear power units. As of June 2021, six Asian markets and regions (Japan, South Korea, mainland China, Taiwan, India, and Pakistan) were running 113 reactors producing 97.4 GW of energy. Over half of these reactors were built before 2011. According to the World Nuclear Association, around two-thirds of reactors currently under…
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The Oil and Gas Regulatory Authority (Ogra) has asked the government to immediately create a National Gas Transmission Company (NGTC) classified as a “strategic asset” to begin with gas sector reforms and open up the gas market for competition and facilitate bridging a massive demand-supply gap currently facing the country. According to Ogra estimates, Pakistan’s unrestricted gas demand is currently…
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THE continuing political circus is distracting from the intense monsoon, the worst in three decades. Public and media attention is rightly focused on the devastation — 550 dead, infrastructure washed away, acute food and water shortages, especially dire in Balochistan. But we are still not doing enough to connect this devastation with broader climate change discourse, using the grim circumstances…
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Under the federal government-backed initiative ‘Decade of Dam’, the Water and Power Development Authority (WAPDA) is currently working on multiple dam projects. According to the initial planning and framework of the initiative, these dams are expected to be completed by 2028. Projects that are already in the works include Diamer-Bhasha Dam, Mohmand Dam, Dasu Hydropower Project, Sindh Barrage, Nai Gaj…
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Rs100bn cost overrun likely to hit Dasu hydropower project In a shocking development, the country’s most important project — Dasu hydropower project’s stage -1 with the capacity to generate 2160 MW hydel electricity — has got delayed by three years, and the cost overrun cost is feared to have gone up by Rs100 billion. The project earlier scheduled to come…
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Amid severe LNG shortfall in the international market, Pakistan has issued a two-part tender seeking bid prices from well-reputed international LNG trading companies for a six-year agreement. Since the five-year LNG term agreement with GUNVOR expired in July 2022, the country’s fully-owned company Pakistan LNG Limited (PLL) has now released the tender for a term agreement for six years. Bids…
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The United Arab Emirates (UAE) is planning to invest one billion dollars in Pakistan’s economic and investment sectors, quoting an official source in Abu Dhabi the state news agency has reported. The move aims at exploring new investment opportunities, expanding bilateral economic relations and to enhance mutual cooperation in projects covering various sectors of the economy. The UAE investment will…
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