Month: March 2024

Government Likely to Maintain Stable Petroleum Prices for Next Fortnight

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Petroleum-prices

According to informed sources, petroleum prices are expected to remain steady for the upcoming two weeks starting March 16. Despite a slight increase in the premium on petrol import to $12.15 per barrel, and unchanged premium on high-speed diesel (HSD) import at $6.50 per barrel, the government has room to manage prices. While petrol prices may see a marginal increase of about a rupee per litre, HSD prices are anticipated to decrease by less than Re1 per litre. This stability is attributed to factors such as steady exchange rates and…

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Naeem Qureshi appointed as Convener of FPCCI Central Standing Committee on SDGs

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EU-NQ.

Karachi: Naeem Qureshi, the President of the National Forum for Environment and Health, has been appointed as the new Convener of the CSR Central Standing Committee of the Federation of Pakistan Chambers of Commerce & Industry on Sustainable Development Goals (SDGs) for the year 2024-25.FPCCI President, Atif Ikram Sheikh, appointed Qureshi as the Central Standing Committee convener keeping in view his years-long services to promote greenery in urban areas, prevent deforestation, greater use of renewable energy sources, reduce harmful industrial emissions and urban waste, and building mass transit systems in…

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Sindh’s solar power potential to be tapped to fulfil Bilawal poll campaign promise of 300 units of free electricity

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solar-power

Newly appointed Sindh Energy Minister, Syed Nasir Hussain Shah, has said the execution of the ongoing solar power projects will be expedited for fully tapping the clean energy potential of Sindh to fulfil the election campaign promise of PPP Chairman Bilawal Bhutto Zardari to provide 300 units of free electricity to underprivileged consumers.Shah stated this while chairing an introductory meeting with the officials of the Sindh government’s Energy Department after he assumed charge of his ministerial position a day after he took the oath of the office of provincial minister.The…

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Dr. Musadik Malik Assumes Office as Federal Minister of Energy

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Musadik-Malik

ISLAMABAD – Dr. Musadik Malik has officially taken charge as the Federal Minister of Energy, marking the beginning of his tenure at the Ministry of Energy. Upon his arrival, he received a warm welcome from the Secretary of Petroleum and other officials of the ministry. Addressing the gathering, Dr. Malik expressed the government’s dedication to facilitating both local and foreign investment in the gas and minerals sector, emphasizing that the well-being of the people remains the top priority for the current administration. He reiterated the government’s commitment to ensuring uninterrupted…

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Planning Commission’s LEAP Model Targets Pakistan’s Energy Challenges

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renewal-energy

Islamabad – The Planning Commission’s new initiative, centered around a long-term integrated energy demand and supply model based on a long-range energy alternatives planning (LEAP) framework, aims to address Pakistan’s persistent energy challenges. Muhammad Nauman Hafeez Khan, a research analyst on energy policy at the Ministry of Planning, Development, and Special Initiatives, highlighted the critical role of this initiative in providing comprehensive energy planning at the national level. Khan emphasized the need for integrated energy planning to guide various energy-related departments over a span of five to 15 years. He…

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