Year: 2022

Standard documents of SHPPs: PD asked to seek guidance from CCoE

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Ministry of Planning, Development and Special Initiatives (MoPD&SI) has advised Power Division to seek guidance from Cabinet Committee on Energy (CCoE) with respect to clearance of standard documents of Small Hydropower Projects (SHPPs) and clarification on previous decision, well informed sources told Business Recorder. The MoPD&SI has offered its comments in response to a letter of Managing Director Private Power & Infrastructure Board (PPIB) Shah Jahan Mirza in which the latter was requesting resolution of standard documents related issues. According to MD PPIB, the organisation is processing for the first time…

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Zainab Bibi

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Zainab BiZainab was given a Queen’s Young Leaders Award in 2016 for her work to promote renewable energy. She founded the Pakistan Society for Green Energy and developed an ethanol (a bio-fuel) from waste tissue paper, which could help to provide cleaner energy.

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Oil rises to over $120/bbl after attack on Saudi facilities

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Crude prices rose more than 1% to over $120 a barrel on Friday, as traders reconciled the impact of a missile attack on an oil distribution facility in Saudi Arabia with a possible release of oil reserves by the United States. Brent crude settled up $1.62, or 1.4%, to $120.65 a barrel and US West Texas Intermediate (WTI) crude ended at $1.56, or 1.4% higher, at $113.90. Both had dropped $3 earlier. Both benchmarks notched their first weekly gains in three weeks – Brent rose more than 11.5% and WTI…

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Solar net-metering connections being provided on priority: Nepra

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For quick disposal of solar net metering connection-related applications, we have allowed the respective power distribution companies (Discos) to approve applications seeking connection up to 25 kilowatts, National Electric Power Regulatory Authority (Nepra) Chairman Tausif H. Farooqi said on Saturday. Speaking to the media at the10th Solar Pakistan Exhibition at the Lahore Expo Centre, Mr Farooqi said that despite opposition, Nepra allowed the launch, completion and promotion of solar power projects across the country. We did it in a bid to provide cheap electricity to the people of Pakistan, he…

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Ukraine-Russia crisis is driving countries to explore new ways of pricing oil, Qatar says

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Qatar’s foreign minister has said the conflict in Ukraine, and its geopolitical ramifications, is pushing some countries to explore new ways of pricing oil — not in the dollar. The comments, made Saturday by Mohammed bin Abdulrahman Al-Thani, come after a Wall Street Journal report that Saudi Arabia is in accelerated talks with China to accept yuan instead of dollars for oil that Beijing buys. Speaking to Hadley Gamble at the Doha Forum, Al-Thani said he didn’t expect such a system to be introduced in the near term, but stressed…

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