Author: Admin

Intelligence Agencies Expose Rs227 Billion Petroleum Smuggling Racket

Admin
Billion-Petroleum

Islamabad: Intelligence agencies recently uncovered a massive smuggling operation involving 738 petrol filling stations, corrupt officials, and smugglers, leading to an annual loss of Rs227 billion to the national exchequer. The racket, which includes 533 petrol pumps, 100 officials, and 105 Iranian oil smugglers, has seen a resurgence since the current government took office. Prior crackdowns had reduced smuggling, but it has now escalated, with thousands of vehicles and boats bringing in millions of litres of oil daily. The smuggling routes primarily run through Balochistan, with militant groups reportedly profiting…

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Petrol price slashed by Rs5.45 per litre for next fortnight

Admin
petrol-price

The petrol price in Pakistan has been slashed by Rs5.45 per litre from Rs293.94 to Rs288.49 for the next fortnight in line with the recommendations of the Oil and Gas Regulatory Authority (Ogra). The new fuel prices will be effective from this midnight (May 1), according to an official notification issued by the Finance Division on Tuesday. As per the notification, the price of diesel has also been cut by Rs8.42 per litre to Rs281.96 per litre. The prices of motor spirit (petrol) and high-speed diesel (HSD) for the next…

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SPAR6C Workshop in Lahore Pave the Way for Sustainable Waste Management and Carbon Finance

Admin

Lahore, April 29-30, 2024:  An influential workshop concluded today in Lahore, bringing together 75 participants, including top officials from Provincial Planning and Development Departments, CEOs of key waste management companies, and senior managers from national and international banks. The two-day event focused on enhancing carbon finance opportunities and implementing data-driven solutions for solid waste management in Pakistan. Organized by the Supporting Preparedness for Article 6 Cooperation (SPAR6C) project, which is being implemented by the Global Green Growth Institute (GGGI) and led locally by the UNEP Copenhagen Climate Centre and supported…

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GoodWe Establishes Dedicated Department to Strengthen ESG Governance and Drive Long-Term Sustainability Initiatives

Admin
goodwe

GoodWe, a leading global company in renewable energy industry, has announced the launch of Sustainable Development Research Institute, a team dedicated to advancing the company’s Environmental, Social, and Governance (ESG) performance and practices. Established in late 2023, the institute is tasked with formulating mid- to long-term sustainable development plans. It will play a role in promoting the effective implementation of sustainable decisions within the organization, better identifying, assessing, responding to, and continually managing ESG risks. This latest move is the next step in GoodWe’s accelerated focus on sustainability, which Daniel…

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