Sept. Oct. Nov-2019
Author: anasalam1989
Going green need of the hour, says PM as Pakistan plans to set up 360 MW wind power projects
The electricity generated from these projects would be less than five cents per unit. PM says Pakistan is now on the right path and government now wants to improve the economy of Pakistan. With the aim to battle global warming, Pakistan would set up 360 Megawatts wind power projects at the cost of $450 million, as the country plans to generate cheap electricity using renewable sources. “Pakistan has a lot of potential to produce electricity using wind plants,” said Prime Minister Imran Khan at the signing ceremony of the ‘Super-6′,…
Read MoreGovt decides to shut retiring power plants, NA body told
ISLAMABAD: Special Assistant to Prime Minister on Petroleum Nadeem Babar said on Wednesday that the circular debt of power sector will be ended in December 2020, whereas, the government has decided to shut old power plants came to its retirement period. Nadeem Babar made the statement while briefing the National Assembly’s Standing Committee on Privatisation during a session held under the chair of Syed Mustafa Mahmud. Babar apprised NA body that the transmission of 19,000 megawatts electricity was made in July 2018 while more than 4,000 MW power transmitted in…
Read MoreRs52bn contract for Dasu power project signed
ISLAMABAD: The Water and Power Development Authority (Wapda) has signed a Rs52.5 billion contract with a joint venture of General Electric Hydro China and Power China Zhongnan Engineering Corporation for electro-mechanical works of the Dasu hydropower project (stage-I). Dasu hydropower project’s general manager and project director Anwar ul Haque and GEHC deputy general manager Aijun Xu — the authorised representative of the joint venture — signed the contract on behalf of their respective sides at a ceremony here on Monday. French Ambassador Marc Barety, World Bank’s country director Illango Patchamuthu,…
Read MoreOil and gas reserves of Pakistan going to India due to lack of exploration
ISLAMABAD: The Hydrocarbon Exploration Licensing Policy (HELP), a vital document about way forward to self-sufficiency in oil and gas sector authored by an eminent energy expert Engineer Arshad H Abbasi associated with SDPI has pinpointed that Pakistan authorities have so far ignored the area bordering with India, Rajasthan for exploration and production (E&P) activities for oil and gas deposits knowing the fact that India in its side of border is currently producing 1,75000 barrels per day (BPD). It also raises the red flag asking as to why Pakistan companies are…
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