August 2022
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Day: August 22, 2022
China’s Russian coal imports hit 5-year high as West Shuns Moscow
s China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Russian cargoes over its invasion of Ukraine. China brought in 7.42 million metric tons of coal from Russia last month, data from the General Administration of Customs showed on…
Read MorePower Price Likely To Go Up By Rs4.69 Per Unit
The price of electricity is likely to go up once again as the Central Power Purchasing Agency (CPPA) has filed an application with NEPRA seeking power tariff increase by PKR4.69 per unit, it was learnt on Sunday. According to the details, CPPA on behalf of power distribution companies (DISCOs) except K-Electric has asked the National Electric Power Regulatory Authority (NEPRA) to…
Read MoreEurope huddles down for a winter without Russian gas
Latvians have been adjusting since the end of July, when Russia stopped supplying gas to the Baltic former Soviet state. “Energy prices are so exorbitant that we already cut off the hot water from the city pipeline and installed our own hot water boiler,” said Juons Ratiniks, who lives in the city of Rezekne, near the Russian border. “It is…
Read MorePM Shehbaz seeks urgent report on inflated electricity bills
Prime Minister Shehbaz Sharif on Monday took strict notice of public complaints on inflated electricity bills and directed authorities to submit an urgent report and recommendations over the matter. Chairing a meeting in Islamabad, the premier instructed officials concerned to submit a detailed report with recommendations regarding public complaints on electricity bills on priority basis. “Khadim-e-Pakistan is answerable to his…
Read MoreThe Nations Bank Joins hands with the National Flag Carrier
National Bank of Pakistan (NBP) and Pakistan International Airlines (PIA) have signed an agreement for “Employee Banking” for provision of banking facilities to PIA employees. Under the aforementioned arrangement, NBP will facilitate PIA employees to meet their financial needs through provision of its wide range of assets and liabilities products under the preferred service mode. The arrangement offers concessional rates…
Read MoreOn time completion of projects is foremost priority: WAPDA Chairman
Pakistan Water and Power Development Authority (WAPDA) Chairman Lt Gen Sajjad Ghani (Retd) has said that his foremost priority is to complete under-construction WAPDA projects as per their schedules, in addition to initiating new projects to cope with increasing requirements of water and electricity in the country. This was the crux of the Chairman’s interaction during a week-long briefing sessions…
Read MoreScientists use supercritical carbon dioxide to power the grid
When it comes to turning turbines, steam is out and supercritical carbon dioxide is in – as demonstrated by Sandia National Labs when it connected a closed-loop system to the local grid, supplying about 10 kilowatts of power for nearly an hour. Sandia’s experimental unit uses carbon dioxide in a supercritical state (pressurized to behave like a liquid and gas) to move…
Read MoreColorful solar panels could make the technology more attractive
Solar panels aren’t just for rooftops anymore—some buildings even have these power-generating structures all over their facades. But as more buildings and public spaces incorporate photovoltaic technologies, their monotonous black color could leave onlookers underwhelmed. Now, researchers reporting in ACS Nano have created solar panels that take on colorful hues while producing energy nearly as efficiently as traditional ones. Solar…
Read MoreAhead of PM’s visit to Qatar: Way cleared for FDI from Qatar in LNG terminal
In a welcoming development, the coalition government has done away with all the hurdles that had delayed the construction of four LNG terminals during the PTI government’s tenure, a senior official told The News. “Ahead of prime minister’s visit to Qatar, the ECC has amended the LNG Policy 2001 for exemption from mandatory Third Party-Access (TPA) to new LNG terminals…
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