Author: Admin

Thar Coal produces affordable electricity, but transmission challenges hold back the promise of low-cost power: Murad Shah.

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Thar-Coal

Thar coal produces power for Rs 4.8/KWh compared to imported coal at Rs 19.5/ KWh KARACHI (Dec 2): Sindh Chief Minister Syed Murad Ali Shah stated that Thar Coal is the most affordable source of electricity generation in the country, however, due to transmission constraints, there are instances when the delivery of this inexpensive power is hindered, preventing the full potential of Thar Coal from being realised. “Since 2019, 27000 GWh of electricity has been generated from Thar Coal Block-II at a significantly lower fuel price of Rs 4.8 per…

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Govt to transit major coal power plants to Thar coal

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coal power plants

Aimed to reduce energy costs and reliance on imported coal, the federal government has decided to shift the coal-based power plants at Jamshoro, Thal, and Sahiwal to utilize locally sourced Thar coal. The decision was finalized during the 28th meeting of the Thar Coal and Energy Board, chaired by Sindh Chief Minister Syed Murad Ali Shah. Key federal and provincial officials, including Energy Minister Nasir Hussain Shah and Federal Finance Minister Senator Aurangzeb, participated in the meeting. The Sindh Chief Minister highlighted that electricity from Thar coal costs just Rs…

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Qatar Energy signs long-term LNG deal with Shell for delivery to China

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qatar energy

SINGAPORE: State-owned QatarEnergy has signed a long-term sales and purchase agreement with oil and gas major Shell to supply it with liquefied natural gas (LNG) for delivery to China. The deal is for the supply of three million metric tons per annum year of LNG, said QatarEnergy in a statement on Monday, adding that the agreement will start in January 2025. QatarEnergy added that the agreement highlights the continued growth of China’s LNG market, but did not say how long the duration of the supply deal with Shell would be.…

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Oil rises on Chinese data, Middle East tensions

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oil rises

HOUSTON: Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as escalating tensions in the Middle East, where Israel resumed attacks on Lebanon despite a ceasefire deal, spurred supply concerns. Brent crude futures climbed 36 cents, or 0.49%, to $72.20 a barrel by 10:44 a.m. EST (1544 GMT) while U.S. West Texas Intermediate crude rose 34 cents, or 0.5%, to $68.33. “Crude futures are gaining support this morning on positive economic data from China, as well as expectations that OPEC will delay…

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GoodWe Recognized Among Forbes China Go-International Series Top 30 Brands for Exceptional Contributions to Global Energy Transition

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GoodWe, a global leader in solar inverter manufacturing and energy solutions, has been named among the Top 30 Brands in the 2024 Forbes China Go-International Series. This recognition highlights the company’s outstanding achievements in globalization, innovation, and its role in shaping global markets. At the award ceremony, Cameal Yu, International Marketing Director of GoodWe, expressed gratitude for the recognition: “This award is a testament to our brand’s success in global expansion, made possible by the support of our customers and employees worldwide. At GoodWe, we believe in creating and winning…

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