Day: August 29, 2023

OGDCL Workshop on Energy Explores Latest Trends, Future Prospects, and Collaboration Avenues

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OGDCL

ISLAMABAD, August 29, 2023: The Oil and Gas Development Company Limited (OGDCL) on Tuesday hosted a dynamic workshop on energy in collaboration with the Lahore University of Management Sciences (LUMS). The workshop, held at the OGDCL headquarters, provided a platform for industry experts and thought leaders to convene and deliberate on the current landscape, future prospects, and collaborative initiatives within the energy sector. The workshop was graced by the presence of Mr. Ahmed Hayat Lak, the Managing Director of OGDCL, alongside all Executive Directors of OGDCL, and other senior officers.…

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Renewables Competitiveness Accelerates, Despite Cost Inflation

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Global-power

Global power sector saved fuel costs of USD 520 billion last year thanks to renewables, says new IRENA report. Abu Dhabi, United Arab Emirates, 29 August 2023 – The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity. Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of…

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Major legal victory for Imran Khan in Toshakhana case

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imran-khan123

IHC suspends sentence awarded to PTI chairman in state gifts case and orders his release on bail In a major legal victory, the Islamabad High Court (IHC) suspended the sentence awarded to former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan in the Toshakhana case. The IHC ordered the release of the Pakistan Tehreek-e-Insaf (PTI) chairman, who is incarcerated at Attock jail, while announcing a short verdict that it reserved a day earlier. The court said it would elaborate on the reasons for the suspension of the sentence in the…

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Cut in Aug, Sept power bills proposed

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power-bills

ISLAMABAD/ PESHAWAR: Top officials of power and financial divisions have tailored some suggestions for immediate relief to masses in the electricity bills, which are to be placed before the federal cabinet meeting on Tuesday (today) with Caretaker Prime Minister Anwaarul Haq Kakar in the chair. All officials are tight-lipped but some insiders told The News that one of the suggestions was that the government might reduce some portion of the electricity bills of August and September to provide some immediate relief, but the impact of the reduced portion would be…

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Wapda security staff stops wearing army-like uniform after GHQ letter

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WAPDA-MoUs

ISLAMABAD: The security staff of Water and Power Development Authority (Wapda) has stopped wearing the army-like uniform after General Headquarters conveyed its concern whereas Federal Investigation Authority (FIA) has started an investigation into the unauthorised purchase of the uniform in bulk without obtaining requisite permission. The Wapda last made headlines in February this year when portraits of Quaid-i-Azam Muhammad Ali Jinnah and Lt Gen (R) Sajjad Ghani, the chairman of Wapda, were displayed together at different offices and project sites of the authority. The notification in this respect was, however,…

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