Year: 2023

Panel to probe Nepra report on over-billing

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K-Electric

ISLAMABAD: Pertur­bed over the power regulator’s inquiry indicting distribution companies (Discos) of malpractices and over-billing in the provision of electricity, the Power Division on Wed­nesday constituted an­­other ‘independent and impartial committee’ to probe the findings and legalities of the Nepra report. The inquiry committee, constituted by the Power Division secretary to probe the Nepra’s inquiry report, will be led by former power secretary Irfan Ali. It comprises Zargham Ishaq Khan, who heads Nespak (a company working under the Power Division), Abid Lodhi, a former executive of public sector power companies,…

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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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