Experts stress Net metering regime should assist Pakistan in rapidly achieving its clean energy transition goals The experts at a roundtable on solar net metering challenge on Friday demanded a holistic revamp of existing policy as an urgent measure for promoting solar energy as the cheapest power resource amid growing energy demand. The Sustainable Development Policy Institute and Energy Update jointly organized the roundtable discussion on “Solar Net Metering Conundrum: Adapting Solar Net Metering to Evolving Market Dynamics in Pakistan”.In his opening remarks, Dr Abid Qaiyum Suleri, Executive Director, SDPI…
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RAILBUS: A Game-Changer for Karachi’s Urban Transportation
Karachi, Pakistan – As Karachi grapples with escalating traffic congestion and pollution, the introduction of RAILBUS services promises a significant improvement in the city’s urban transportation system. This innovative solution is set to transform the mobility, environment, and economy of Pakistan’s largest metropolis. Easing Traffic Congestion Traffic congestion is a daily ordeal for Karachiites, with overburdened roads leading to frequent jams and long commute times. RAILBUS services offer a solution by providing an efficient and reliable public transportation alternative. Operating on dedicated tracks with scheduled services, RAILBUS can swiftly and…
Read MoreIranian President Ebrahim Raisi Confirmed Dead in Helicopter Crash
TEHRAN: Iranian President Ebrahim Raisi, a prominent hardliner and potential successor to Supreme Leader Ayatollah Ali Khamenei, was confirmed dead in a helicopter crash near the Azerbaijan border, officials and state media reported on Monday. The helicopter, which crashed on Sunday, was carrying Raisi and Foreign Minister Hossein Amirabdollahian. The charred wreckage was discovered early Monday after an overnight search in blizzard conditions. “All passengers, including President Raisi and the foreign minister, perished in the crash,” a senior Iranian official told Reuters, requesting anonymity due to the sensitivity of the…
Read MoreKarachi German Consul General Assured to Prioritize Visas to Businessmen Atif Ikram Sheikh
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has said that the German Consul General in Karachi, H. E. Rüdiger Lotz, has apprised the business, industry and trade community from the apex platform of FPCCI that the business visas will be given priority in the visa issuance to Pakistani citizens as economic relations top the agenda. It is pertinent to note that top German diplomats visited FPCCI Head Office in Karachi to attend a high-profile, interactive session with the business community. Saquib Fayyaz Magoon, SVP FPCCI, invited the business community and…
Read MoreOGDCL ANNOUNCES PRODUCTION ENHANCEMENTAT NASHPA WELL-10 IN DISTRICT KARAK
ISLAMABAD, May 17, 2024: Oil and Gas Development Company Limited (OGDCL) has announced a significant production enhancement at Nashpa Well-10, located in the Karak District of the Khyber Pakhtunkhwa as part of its production enhancement campaign. Through a production enhancement strategy, OGDCL has implemented rigless intervention techniques in various formations, resulting in a significant increase in hydrocarbon production. With the successful optimization, the cumulative production from the well now stands at an impressive 1870 BPD of oil and 7.02 MMSCFD of gas. The extracted gas is being efficiently injected into…
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