QINGDAO: Federal Minister for Power Sardar Awais Ahmad Khan Leghari on Wednesday said that Pakistan has set an ambitious goal to generate 60 per cent of its energy from renewable energy (RE) sources, reflecting its commitment to sustainability. Addressing at the opening ceremony of the Third Belt and Road Energy Ministerial Conference here, the minister underscored Pakistan’s commitment to renewable energy and stressing the importance of global cooperation in the energy sector, said a press release. Pak sets ambitious goal to generate 60% energy from RE: AwaisAwais Leghari outlined Pakistan’s…
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Sindh Chief Minister Launches Solar Energy Initiative at Karachi Central Jail
Karachi – Sindh Chief Minister Syed Murad Ali Shah, alongside Minister of Energy Sindh, inaugurated the solarization of Central Jail Karachi, a pioneering project aimed at reducing energy costs and promoting sustainable energy solutions within the correctional facility. The project has a total installed capacity of 614.8 KW, exceeding the building’s energy demand of 549.5 KW. Implemented under the Sindh Solar Energy Project (SSEP) at an estimated cost of PKR 216 million, the investment is expected to be recovered within three years of operation. With a lifespan of 25 years,…
Read MoreSindh Chief Minister Inaugurates Solar Power Project at DUHS Hospital, Karachi
Karachi – Sindh Chief Minister Syed Murad Ali Shah, along with provincial ministers Sharjeel Memon, Nasir Hussain Shah, Saeed Ghani, Ali Hassan Zardari, and Waqar Mehdi, inaugurated a significant solar power project at the Dow University of Health Sciences (DUHS) Ojha Campus Hospital. This initiative, launched under the Sindh Solar Energy Project (SSEP) with support from the World Bank, is a major step towards integrating sustainable energy in healthcare facilities. The solar project will generate 2.32 MW of power at an estimated cost of PKR 290 million. According to Chief…
Read MoreOil prices dip as Blinken arrives in Israel for talks, China demand weighs
TOKYO/SINGAPORE: Oil prices eased on Tuesday as the top US diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in China, the world’s top oil importer, continued to weigh on the market. Brent crude futures for December delivery were down 60 cents, or 0.8%, at $73.69 a barrel at 0717 GMT. US West Texas Intermediate crude futures for November delivery were 6 cents lower at $70.50 a barrel on the contract’s last day as the front month. The more actively traded WTI…
Read MoreGoing green: Lucky Cement completes 28.8MW wind power project
Lucky Cement, one of Pakistan’s largest cement manufacturers, completed and commissioned the 28.8MW captive wind power project at its Karachi plant. The company announced the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday. “We are pleased to announce the successful completion and commissioning of our 28.8 MW captive wind power project at the company’s Karachi plant, a significant milestone achieved by the company,” stated the notice. Lucky Cement informed the project has been completed within the stipulated timelines and costs and has commenced operations as of…
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