China’s Power Crisis Could Reach a Himalayan Scale

That makes the problems being experienced in the backyard of the Three Gorges a warning to other economies in Asia that would seek to follow China’s path to development. Daily hydro generation has fallen 51% amid the worst drought on the Yangtze since the early 1960s, part of a worldwide drying that’s also closed the Rhine to barge traffic. That’s led to factory shutdowns as…

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100MW solar power project: Nepra approves 13pc RoE for Turkish co on PM’s intervention

The National Electric Power Regulatory Authority (Nepra) has shown ‘special kindness’ to Turkish company M/s Zorlu Solar Pakistan Limited (ZSPL) by approving 13 percent Return on Equity (RoE), after intervention of the Prime Minister who apologized publicly to the Turkish companies for mistreatment in the past. The company intends to establish 100MWp solar power project at Quaid-e-Azam Solar Power Park…

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OPEC should not create a new crisis by cutting production.

Oil exporting countries have already made huge profits. Pak should prepare to import cheap oil, gas from Iran: Mian Zahid Hussain Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Wednesday said the decision of oil exporting countries to reduce production may push the world…

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Pakistan’s tech firm bags ‘Forbes Asia’s Best Under A Billion’ award

Pakistan’s information technology company, Systems Limited, made history by being the country’s only tech firm to be awarded ‘Forbes Asia’s Best Under A Billion’ for the third time in a row. Forbes Asia has recently compiled its annual list of the top 200 companies from the Asia-Pacific region with consistent top and bottom-line growth and under $1 billion in revenue.…

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