The power sector of Pakistan is facing a looming crisis due to a shortage of foreign exchange, as Independent Power Producers (IPPs) are at risk of shutting down their power plants due to non-payment of approximately $710 million. IPPs have written letters to the federal government, highlighting their outstanding payment issues and warning of severe financial loss if their concerns are not addressed.
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Intending to domestically produce wind turbines and contribute to Türkiye’s path toward increasing renewables’ share in electricity generation, Kalyon Holding has signed a preliminary agreement with defense giant Aselsan, its Chairperson Cemal Kalyoncu said Thursday.
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The Thar Coal undertaking’s harmful impacts on the savoring water Thari people group have been affirmed by another report composed by Dr Imprint Chernaik of the Ecological Regulation Collusion Around the world (ELAW).
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The Oil and Gas Regulatory Authority (OGRA) on Thursday advised slight change in the costs of imported LNG for end shoppers of the two gas organizations, Sui Northern Gas Pipeline Restricted (SNGPL) and Sui Southern Gas Organization Restricted (SSGC) for April.
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Secretary Oil Division has said that main three unfamiliar organizations are presently working in the oil and gas area in the country, as global organizations are leaving Pakistan and selling their resources. While preparation the NA board, Secretary Oil Division Muhammad Mahmood expressed that because of ceaseless exhaustion of gas supplies establishment of new gas associations wouldn’t be imaginable. The Standing Panel on Energy (Oil Division) met under the chairmanship of Aamir Talal Gopang, MNA. Secretary Oil said Pakistan is high gamble country for financial backers, and there is dread…
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