ISLAMABAD: The prices of major petroleum products are expected to see minimal changes for the next fortnight ending December 15, as slight shifts in international oil rates and a marginal improvement in the exchange rate balance out. According to industry sources, global prices for petrol and high-speed diesel (HSD) have risen slightly in the past two weeks, but recent declines and stable import premiums have kept the overall impact negligible. The rupee’s modest appreciation has further offset potential price hikes. Calculations as of November 28 suggest a minor increase of…
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Sindh Government and Civil Society Align to Tackle Climate Impacts of Energy Projects
KARACHI: In a significant step towards inclusive energy policy-making, Sindh’s Minister for Energy, Syed Nasir Hussain Shah, emphasized the need for government collaboration with civil society to shape climate-resilient energy policies. Speaking at the Sindh Energy Dialogue, jointly organized by The Knowledge Forum and NED University of Engineering and Technology, the minister outlined the province’s ambitious renewable energy initiatives, including solar parks and home solar solutions for underserved populations. “The Sindh government is committed to affordable electricity for all. Civil society must partner with experts and institutions to ensure public…
Read More5 Billion Initial Investment Announced for Air Karachi to launch new airlineAtif Ikram Sheikh, President FPCCI
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that, in a transformational initiative for Pakistan’s aviation industry and its skies, top businessmen have formed a strategic alliance to launch the much needed, world-classes airline for Pakistan – which is named Air Karachi as its Head Office will be based in Karachi. The mega-venture is a joint effort by prominent business leaders and corporate investors; including, FPCCI President, Mr. Atif Ikram Sheik, as a major shareholder. Mr. Atif Ikram Sheikh informed that other notable shareholders of Air Karachi include big…
Read MoreDr. Irfan Afzal Mirza Re-Elected as WWEA PresidentWWEA General Assembly Elects New Board to Strengthen Global Wind Energy Advocacy
Bonn, November 28, 2024 (WWEA) – The World Wind Energy Association (WWEA) General Assembly has announced the election of its new board for a two-year term. Dr. Irfan Afzal Mirza, who assumed the presidency from Hon. Peter Rae a year ago, has been unanimously re-elected as President. The assembly also elected the following Vice Presidents, reflecting a truly global representation: Prof. Dr. Chuichi Arakawa (Japan)Zeeshan Ashfaq (Pakistan)Heinrich Bartelt (Germany)Khalid Benhamou (Morocco)Qin Haiyan (China)Dr. Karunamoorthy Neethimani (India)Monica Oliphant (Australia)Dr. Ibrahim Togola (Mali)Prof. Dr. Tanay Sidki Uyar (Turkey)Dr. Irfan Mirza expressed gratitude…
Read MoreWAPDA Chairman Emphasizes Timely Completion of K-IV Project
Engr. Lt Gen Sajjad Ghani (Retd), Chairman of WAPDA, reviewed the construction progress of the Greater Karachi Bulk Water Supply Scheme (K-IV) during a site visit. Key components inspected included intake works, pumping stations, and pressurized pipelines. Highlighting the K-IV Project’s vital role in addressing Karachi’s escalating water demand, the Chairman stressed the urgency of expediting construction and meeting project deadlines. He called for enhanced coordination among stakeholders, particularly with the Sindh Government, to ensure the timely execution of power supply and augmentation components critical for the project’s success. The…
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