Month: September 2022

The federal government is considering to revise the royalty of oil and gas deposits of Balochistan government, which is badly hit by the recent monsoon flooding, sources said. The new royalty will be based on last Petroleum Exploration and Production Policy, 2012, which will help achieve maximum self-sufficiency in energy and promote exploration and production activities by providing competitive incentives to the investors. The sources said that around 40 per cent of the Sui Gas Field’s profit will be shared with Balochistan. Furthermore, in this regard, Pakistan Petroleum Limited (PPL)…

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These projects, with a total capacity of 3300 MW, include three projects to produce power by wind energy and two projects to produce power by solar energy. The total capacity of Wind energy production projects for this phase is 1800 MW, distributed  as follows: Yanbu Project with a capacity of 700 MW Al-Ghat Project with a capacity of 600 MW Waad Al Shamal Project with a capacity of 500 MW The capacity of production projects from Solar energy amounts to 1500 MW, distributed as follows: Al Hanakia Project with a capacity of 1100 MW Tabarjal Project with…

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The Public Procurement Regulatory Authority (PPRA) has termed tender approved by National Transmission and Despatch Company (NTDC) for laying 500KV Double Circuit Transmission Line as mis-procurement. The transmission utility has been held responsible for ignoring rules and regulation in the evaluation process for the procurement of design, supply, installation, testing and commissioning of 500KV double circuit transmission line from Tarbela-5th Extension to Islamabad West Substation. In its order dated September 21, 2022, PPRA noted that “keeping in view the above Rule position, provisions of the bidding documents and available record…

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In 2007, we became carbon neutral and in 2017, we became the first company of our size to match 100% of our global, annual electricity consumption with renewable energy. Today, we are the largest annual corporate purchaser of renewable energy in the world. Now, we’re carving a path forward to decarbonize our electricity supply completely and operate on 24/7 carbon-free energy, everywhere, by 2030. Our mission is to organize the world’s information. Every Google search you do requires a tiny amount of energy used by the servers in our data…

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Chinese OEM Mingyang Smart Energy has been tapped by floating wind developer Hexicon to supply turbines for its flagship project off the UK. As part of the deal, Mingyang will supply 8MW units for the TwinHub array, being built in the Celtic Sea at the site of a former wave-power test facility, as well handling engineering and design for the 32MW development. “A strong and lasting collaborating with a major global wind turbine OEM is essential in any offshore wind project and even more important when you are a first…

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