Month: February 2024

Gas Shortages Disrupt Cooking in Karachi

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Gas-Prices

Karachi residents are grappling with persistent gas shortages, particularly during the winter months, causing significant disruptions to daily life. The scarcity of gas not only hampers cooking routines but also poses challenges for heating homes economically. Nadia, a homemaker from Rashid Minhas Road, describes the struggle of coping with gas load shedding, enduring up to 16 to 20 hours of unavailability each day. This sentiment is echoed by Farida from Surjani Town and Sahar from Liaquatabad, who express frustration over disrupted cooking schedules and the impact on their children’s meals,…

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Gas at 2,750 per MMBtu Price Hike Will Make Industries Shut Down

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fpcci

Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has strongly demanded that the government reevaluate its policy of continuously increasing energy prices on an immediate basis. Particularly, the decision to increase captive gas price to Rs. 2,750/MMBtu — an increase of 223% since January 2023 — threatens the very survival of Pakistan’s industrial sectors and a complete collapse is imminent. Mr. Atif Ikram Sheikh explained that the direct consequence of spiraling energy costs is an increase in production costs across all industrial sectors, forcing businesses to pass these costs onto consumers.…

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5th ENGINEERING CAPSTONE EXPO’2024 (PUNJAB REGION)

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PEC

Pakistan Engineering Council (PEC) is dedicated to promote growth of Engineering Education for whichPEC Pakistan Development Committee convenor Engr Mir Masood Rashid inviting at the 5th EngineeringCAPSTONE EXPO Punjab (FYDP- Final Year Design Projects exhibition), ENGR Muhammad Najeeb HaroonChairman PEC (Ex MNA) will be the chief guest. CAPSTONE will be held on Monday 19th FEB’2024 from10am to 4pm, at “PEC – REGIONAL OFFICE”, LAHORE. In this Expo 29 Universities are participating with170 shortlisted projects for showcasing.In this CAPSTONE Engineering Universities will showcase their Engineering students’ projects that pertainsto market/industry, where…

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Caretaker PM Prioritizes Resolution of Karachi Electric Issues

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Lahore-Electric

In a recent meeting chaired by Caretaker Prime Minister Anwaar ul Haq Kakar, emphasis was placed on resolving the remaining issues of Karachi Electric (KE) on an urgent basis. The meeting acknowledged the resolution of major challenges facing the company but underscored the importance of addressing any outstanding concerns. During the session, suggestions for resolving KE’s problems were deliberated upon, with the caretaker premier directing the National Electric Power Regulatory Authority (Nepra) and Karachi Electric to collaborate closely in finding prompt solutions. He requested a swift report on the matter.…

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SIFC Cancels Letters of Interest for CAT-III Wind Projects

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wind-energy

In Islamabad, the Apex Committee (AC) of the Special Investment Facilitation Council (SIFC) has made significant decisions regarding energy projects and economic initiatives, according to reliable sources. The committee has opted to cancel all Letters of Interest (LoIs) for category-III wind projects, except for the 300-MW project designated for K-Electric (KE), aligning with established policy guidelines. Concerning solar projects, the AC has determined that the National Transmission and Despatch Company (NTDC) will confirm the evacuation capacity for Cat-III solar projects after the finalization of the Integrated Generation Capacity Expansion Plan…

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