Year: 2022

Pakistan Climate Conference was held here on Wednesday to bring together global climate experts, policymakers and corporate decision-makers to discuss how Pakistan could meet the country’s global climate commitments. Speaking at the occasion, Kazeem Khan, GM Nature Based Solutions, Asia Pacific from Shell, said that there was a huge playing field where a lot of investment was being made towards ensuring Net Zero. “A lot of oil and gas companies are pivoting away from their traditional businesses and investing in renewables,” said Khan while acknowledging that it; however, remains a…

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Oil and Gas Regulatory Authority (OGRA) on Wednesday assured the Oil Marketing Companies (OMCs) to resolve all the issues confronted by the oil industry on priority. The authority OMC and OMAP, in a meeting held at the OGRA’s Regional Office Lahore, agreed to make joint efforts in handling all the challenges faced by the oil industry, a news release said here. Among others, the meeting was attended by representatives of leading OMCs and Oil Marketing Association of Pakistan (OMAP), which was chaired by OGRA Member (Oil) Zain-ul-Abideen Qureshi, Senior Executive…

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2nd International Solar Clean Energy Conference-2022 AEDB aims to launch from next month competitive bidding regime for new solar, wind projects The Alternative Energy Development Board (AEDB) has aimed to commence from April 2022 the process of competitive bidding for launching new solar and wind power projects to increase the share of clean electricity in the national energy mix to 61 per cent as per the Indicative Generation Capacity Expansion Plan (IGCEP) 2021-2030.This was stated by Chief Executive Officer of AEDB, Shah Jahan Mirza, while speaking as the chief guest…

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5th International Wind Energy Summit-20222Global body urges Pakistan to exempt energy sector SMEs from competitive bidding system to ensure their survivalKarachiThe World Wind Energy Association (WWEA) has urged Pakistan’s government to preferably exempt the small and medium-sized power companies from the competitive bidding system soon to be introduced in the country for new renewable energy projects.The WWEA put forward this suggestion as its Secretary-General, Stefan Gsänger, appeared via the video-link as the keynote speaker at the 5th International Wind Energy Summit-2022 organised here at a hotel by the Energy Update.The…

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In order for the economy to emerge stronger out of its current industrialization phase, energy policies must reflect thorough planning for sustainability and effective resource management, along with a formula to reduce the trade deficit and limit borrowing in order to tackle the ballooning circular debt, writes Shahid Sattar, Executive Director & Secretary General of All Pakistan Textile Mills Association (APTMA). Pakistan has historically suffered from some of the highest electricity tariffs in South Asia. These tariffs have not only served as a means to transfer the costs of inefficiency…

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