Year: 2022

Cheaper bank loans fuel conversion of tube-wells to solar power

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The State Bank of Pakistan (SBP) decision of allowing commercial banks to extend cheaper loans for conversion of tube-well operations to solar power for availing the net metering facility, the power distribution companies have started receiving an overwhelming response from such consumers across the country. Under the provisions, the tube-well connections seeking net metering on a load up to 25kW will not require permission from the National Electric Power Regulatory Authority (Nepra) for the grant of generation licence, Dawn has learnt. The facility will not only convert most such connections…

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Senate panel urges security mechanism at Ghazi Barotha canal to avoid loss of lives

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The Ghazi Barotha canal has turned into a death trap for picnickers who take a plunge in its lake since the absence of safety equipment makes it almost impossible to pull a bather out once the strong currents suck him down, a Senate panel observed on Thursday. The upper house’s standing committee on water resources called upon the authorities to take steps for the picknickers’ safety, recalling that the canal had claimed 124 lives so far. Masadik Malik of the PML-N chaired the meeting. Senators Sana Jamali, Taj Haider, Gurdeep…

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Sindh Govt believes in business beyond borders. Jam Ikramullah Dharejo.

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Sindh minister for Industries & Commerce and Cooperative Department Jam Ikramullah Dharejo has said that Government of Sindh believes in business beyond borders and that’s why we effectively and efficiently participate in CPEC initiatives. This he said as a key speaker in Sindh Industrial Cooperation B2B Investment Conference ( Sindh Chapter) organized by Board of Investment here at a local hotel today. Minister for State & Chairman Board of Investment Muhammad Azfar Ahsan also spoke on the occasion. Jam Ikramullah Dharejo said that Hydro China, Shanghai Powergen, China Ghezouba Group,…

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Educational ties in renewable energy domain to be promoted

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The German Solar Academy Network (GSAN) and Harmony Group Pakistan signed a Memorandum of Understanding (MoU) to establish their cooperation for the promotion and delivery of high-quality training, research and education in the field of Renewable Energy (with focus on Solar Energy) in the country, says a press release. The MoU is an outcome of the Pakistan-German Renewable Energy Forum (PGREF) B2B facilitation among German and Pakistani entities. The MoU was signed as a delegate of the German Solar Academy Network (GSAN), Germany, is visiting Pakistan with an objective, to…

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Could The Russian Oil Ban Turn The World Toward Renewable Energy?

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On Tuesday, President Joe Biden announced a ban on Russian oil imports in the most recent sanction to stop the conflict in Ukraine—a decision that has piqued curiosities to invest in renewable energy. The move marks the latest action that the US has taken to cripple the Russian economy in response to the war Russian president Vladimir Putin has waged. It follows sanctions on Russia’s largest banks and the central bank and finance ministry, as well as the growing list of private and public companies that have been pulling products…

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