Author: Admin

PPIB urges S Arabia to finalise G2G framework pact

Admin
Power-generation

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has asked Saudi Arabia to expedite finalization of Government to Government (G2G) framework agreement, enabling both countries to proceed towards commercial agreements and tariffs on about a dozen projects, well-informed sources told Business Recorder. A high-level Saudi delegation led by the Foreign Minister visited Pakistan during the third week of April and held meetings at the highest level including line ministries to finalize agenda for the forthcoming private sector delegation to be led by Investment Minister which is due on May 5,…

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Carbon markets new opportunity for Pakistan to improve economic situation, reduce carbon emissions: Linulf

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Jakob-Linulf

ISLAMABAD: Ambassador of Denmark, Jakob Linulf on Thursday said carbon markets are a new opportunity for Pakistan to improve its economic situation and reduce carbon emissions for a green development through sustainable and environment friendly practices. He was addressing to the one-day capacity building workshop for journalists on Climate-Smart Reporting: Carbon Market and Equitable Development jointly organized by the Sustainable Development Policy Institute (SDPI) and the Embassy of Denmark. Ambassador Jakob Linulf said climate change was casting adverse impacts on the globe and it was equally important for Pakistan and…

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Exploration firm targets major fields OGDCL aims to enhance hydrocarbon output, tackle crisis with new technology

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ogdcl

Exploration firm targets major fields OGDCL aims to enhance hydrocarbon output, tackle crisis with new technology May 3, 2024 ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), the largest hydrocarbon explorer in Pakistan, has targeted 20 major fields, mainly in the north and south, to enhance production and contribute to overcoming the energy crisis in the country. Owing to the rising demand for gas, Pakistan is relying more on the imported liquefied natural gas (LNG) as its share has swelled to 24% in the energy mix. However, in many countries,…

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Safety concerns prompt shutdown of Neelum-Jhelum power plant

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neelum-jhelum

ISLAMABAD: The Water and Power Development Authority (Wapda) announced on Thursday that the 969-megawatt Neelum-Jhelum Hydro­power Project, valued at over Rs500 billion, has been completely shut down for inspection. The decision follows a major operational issue detected a month ago, leading to significant pressure fluctuations in the project’s headrace tunnel, Wapda said in a statement. It said that a comprehensive plan would be chalked out in coordination with project consultants and international experts to undertake remedial works to rectify the issue once the problem is traced. A sudden change in…

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NFEH seminar on enrolling out-of-school children in Pakistan & CSR Award ceremony

Admin
CSR-Karachi

Call to use 2,50,000 mosques in Pakistan in daytime as special literacy centres to impart primary schooling Karachi: Over 2,50,000 mosques in the country should be used during the day hours as special literacy centres to impart primary-level school education as part of the accelerated drive to educate a record 26.2 million out-of-school children in Pakistan.Former Caretaker Federal Minister for Religious Affairs, Aneeq Ahmed, put forth this suggestion while speaking as the chief guest at a seminar on effective steps to enrol out-of-school children in Pakistan organised by the National…

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