Pakistan’s power transmission system serves as the backbone of the electricity sector, facilitating the transfer of electricity from power generation plants to consumers across the country. However, despite significant investments in generation capacity, the transmission network remains outdated, inefficient and increasingly strained, preventing the effective delivery of electricity where it is needed the most. The country has invested heavily in expanding power generation, particularly in coal, nuclear and renewable energy projects, but the benefits of this expansion remain unrealised due to severe transmission bottlenecks. The National Transmission & Despatch Company…
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OGDCL awards LCE CleanTech/EnergyTech grant
LONDON: Oil prices steadied on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of a resumption in crude exports from northern Iraq. Brent futures were up 13 cents, or 0.2%, at $74.56 barrel by 1103 GMT while U.S. West Texas Intermediate crude futures added 11 cents, or 0.2%, to $70.51. Both Brent and WTI dropped by more than $2 on Friday, registering weekly declines of 0.4% and 0.5% respectively. All eyes remain on efforts to end Russia’s war on Ukraine,…
Read MoreAsia LNG imports set to drop to 22-month low as Europe surge drives prices: Russell
LAUNCESTON: Asia’s imports of liquefied natural gas (LNG) are poised to drop to the lowest in nearly two years in February, while Europe’s are set to surge to the second-highest on record. The weakness in Asia shows buyers are shunning expensive spot cargoes, with prices at least 50% higher than what they were this time last year. A milder-than-usual winter across much of North Asia has also dampened demand, and allowed European buyers to bid for cargoes as part of efforts to re-stock the continent’s depleted inventories. Asia, the top-importing…
Read MorePILDAT releases performance evaluation of federal ministers in the first year
As the first year of the 16th National Assembly draws to a close on February 28, 2025, PILDAT has looked at how Federal Cabinet members have fared during the year in terms of their presence and performance in the legislature. To evaluate performance of the members of the Federal Cabinet in the Parliament, PILDAT has looked at both the houses of the Parliament: 16th National Assembly that became functional on February 29, 2024 and the Senate of Pakistan which was reconvened after the election of half of its membership on…
Read MoreSindh govt, UNIDO partner to build climate-resilient infrastructure; drive economic recovery in flood-affected areas: Murad Shah
KARACHI (Feb 24): Sindh Chief Minister Syed Murad Ali Shah has taken a significant step towards poverty alleviation and inclusive rural development by signing a $5 million agreement with the European Union through the Sindh Peoples Housing for Flood Affected (SPHF), initiating the PAIDAR project – a Communal Infrastructure Grant Agreement. In collaboration with the United Nations Industrial Development Organization (UNIDO) and funded by the European Union’s PAIDAR program, the Sindh government is launching initiatives focused on climate resilience and sustainable development. The signing ceremony was held at the Chief…
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