Day: December 6, 2023

Germany keen to expand business ties with Pakistan: AHK

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Renewable-Energy

KARACHI: Pakistan’s Representative in German Emirati Joint Council for Industry & Commerce (AHK) Muhammad Usman has said that German government and businesses have been looking towards Pakistan in recent years for strengthening business and investment ties which was the basic reason for establishment of Pakistan’s desk at AHK in Dubai.“Germany desires to expand ties of German Small & Medium Enterprises (SMEs) with Pakistan which would be fully facilitated by AHK by connecting the business communities of the two countries through networking, business-to-business meetings and trade delegations’ visits”, added Muhammad Usman…

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CEOs of over 60 industry partners step up efforts to combat climate change through joint targets in renewables, green energy technologies, human skills, and finance at COP28.

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climate-change

Dubai, United Arab Emirates, 5 December 2023 – Over 60 top executives and knowledge partners of the Alliance for Industry Decarbonization (AFID) held a roundtable at COP28 today and committed to raise decarbonization ambitions through tangible achievements by 2030. Members of AFID have individual reduction plans that combined aim to reduce 51% of direct and indirect greenhouse gas (GHG) emissions and grow the installed renewable capacity from 84 gigawatts (GW) today to 187 GW in 2030. Moreover, Alliance members also commit to almost double installed green hydrogen, drive green energy solutions, increase workforce…

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25 leading utility companies from across the globe join forces with IRENA and the UN Climate Change High-Level Champions to launch Utilities for Net Zero Alliance

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partners-COP28

Dubai, United Arab Emirates, 5 December 2023 – Today, 31 partners, including 25 global utilities and power companies that collectively serve more than 250 million customers, united for a landmark joint commitment to advance electrification, renewables-ready grids, and clean energy deployment in line with 2030 Breakthrough goals and a net zero future by 2050. Global industry giants, regional utilities, developers, and power system technology leaders from across the world doubled down their support for the energy transition at COP28 in Dubai, aligning a significant share of the global electricity community with…

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KE only Disco using handheld device for meter reading: Nepra

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k-electric

KARACHI: National Electricity Regulatory Authority (Nepra) has said that the KE is the only Disco that is using handheld devices for meter reading. According to Nepra’s recently issued inquiry report on billing practices in Discos, Karachi Electric (KE) is the only company using handheld devices for meter reading, which are an effective solution at ensuring transparency in the meter reading and billing process. The report also found that KE’s monthly billing cycles follow the regulator’s guidelines and has observed no lapse from the company in this regard. Overbilling in violation…

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