ISLAMABAD: Pakistan’s gross domestic product (GDP) could shrink by 21.1% by 2070 under a high-emission climate scenario, according to the Asian Development Bank’s (ADB) latest “Asia-Pacific Climate Report 2024: Catalyzing Finance and Policy Solutions.” The report highlights that climate change impacts could lead to a 17% GDP loss across Asia and the Pacific by 2070, with the region’s GDP losses potentially reaching 41% by the end of the century. Pakistan, along with countries like Bangladesh, India, and Indonesia, is expected to experience the most severe economic impacts, driven by sea…
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China’s NEA Proposes Working Group for Conversion of Power Plants to Local Coal
ISLAMABAD: The National Energy Administration (NEA) of China has expressed its willingness to establish an ad hoc working group to facilitate discussions on converting three coal-fired power plants in Pakistan from imported to local Thar coal, according to sources within the Private Power and Infrastructure Board (PPIB). This development aligns with Pakistan’s broader energy strategy to reduce dependency on imports and foster sustainable growth. Representatives from NEA’s International Cooperation and Planning departments, along with Chinese enterprises operating in Pakistan’s energy sector, will engage in the talks. Pakistan’s Ministry of Energy…
Read MoreNEPRA Raises Concerns Over IPP Contract Policies During K-Electric FCA Hearing
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) voiced serious concerns on Thursday regarding factors in ongoing negotiations with Independent Power Producers (IPPs) that could deter investment in Pakistan’s power sector. These issues surfaced during a public hearing on K-Electric’s provisional Fuel Charges Adjustment (FCA) for September 2024, where K-Electric proposed a 16 paisa per unit reduction, aiming to return Rs 247 million to consumers along with General Sales Tax. During the hearing, NEPRA Member (Tariff and Finance) Mathar Niaz Rana received commendation for his dissenting note on K-Electric’s generation…
Read MoreBangkok to Host ASEAN Solar PV & Energy Storage Expo 2025
The ASEAN Solar PV & Energy Storage Expo 2025 is set to illuminate Bangkok from March 5-7, bringing together international leaders, innovators, and experts in solar photovoltaic (PV) and energy storage. This influential event will spotlight cutting-edge developments in renewable energy, providing a dynamic space for professionals to exchange insights, forge partnerships, and explore the latest technologies driving sustainable growth in Southeast Asia. This year’s expo promises a lineup of keynote addresses by renowned experts, interactive workshops, seminars on emerging technologies, and an exhibition showcasing the latest solar PV and…
Read MoreBangkok to Host ASEAN Battery & Energy Storage Expo 2025
The highly anticipated ASEAN (Bangkok) Battery & Energy Storage Expo 2025 is set to take place from March 5-7 in Bangkok, Thailand. This premier event in the heart of Southeast Asia will bring together industry leaders, innovators, and experts to showcase and discuss the latest advancements in battery and energy storage technology. This year’s expo promises a range of highlights, including keynote addresses by renowned experts, hands-on workshops on cutting-edge technology, and an extensive exhibition space filled with the latest products from leading companies worldwide. Attendees will have unique opportunities…
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