Month: November 2023

ADB gives $180m for water, waste management

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Asian-Development-Bank

ISLAMABAD: The Asian Development Bank (ADB) on Tuesday announced that it had approved a $180 million loan to improve water supply and solid waste management services in Punjab’s two rapidly growing cities — Rawalpindi and Bahawalpur. In a statement, the Manila-based lending agency said the loan was expected to benefit about 1.5 million people through the Developing Resilient Environments and Advancing Municipal Services in Punjab and help curtail excessive groundwater extraction and urban environment degradation by expanding and modernising urban water supply in Rawalpindi and solid waste management systems in…

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NEPRA hears petition for grant of distribution, supplier license to K-Electric for 20 years

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k-electric

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has heard K-Electric’s petition for the grant of a non-exclusive distribution license and supplier license for the next 20 years to its service territory including Karachi, Dhabeji, and Gharo in Sindh and Balochistan’s Hub, Bela and Vinder regions.The hearing was attended by various stakeholders including Karachi’s industries and the general public. KE’s senior leadership including Chief Financial Officer Aamir Ghaziani, Chief Distribution Officer Fawad Gilani, and Chief Marketing and Communications Officer Sadia Dada, represented the company to address the questions framed by the…

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Experts call for tackling water crisis with potential solutions

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water-crisis

KARACHI: Experts at the 6th Karachi International Water Conference have called for tackling the water crisis in the country with potential solutions and bringing about a positive change in this regard. This important two-day event not only shed light on critical water issues but also provided a platform for collaborative solutions and a renewed commitment to addressing the water crisis and climate discourse. The conference stood as a testament to the power of collective action in tackling pressing global challenges. On the second day of the conference of Hisaar Foundation,…

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GCIL to set up coal power plant

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thar-coal-power

KARACHI: Ghani Chemical Industries Limited (GCIL), a manufacturer of medical and industrial gases and chemicals, said on Monday it will set up a $5-5.5 million coal power plant to reduce its electricity costs and gain a competitive edge. The company in a filing to the Pakistan Stock Exchange (PSX) said that it has decided to set up a 7 megawatt (MW) coal power plant based on a mix of local and imported coal at Port Qasim or any other nearby suitable location. The plant is expected to save 45 percent…

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KE licence hearing today

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k-electric

NEPRA frames questions based on comments from industrialists, other stakeholders ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is set to conduct a public hearing on Tuesday to consider a request for the renewal of K-Electric’s (KE) electricity distribution and supplier licence. Nepra has framed 17 questions in response to comments from various stakeholders while KE will present its arguments. KE, a private power utility, has filed for the renewal of its licence on a non-exclusive basis. Ex-Wapda distribution companies (DISCOs) have already been awarded non-exclusive licences for a period…

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